1 August, 2022 / Case Studies
The Brief: Our client was looking for an investment property that would have strong capital growth. To achieve this, we knew the right location and block size would be paramount. They were looking to build a portfolio of properties in areas that had both historical capital growth and a strong rental yield.
Client Type: Investor
Time to Buy: 25 Days
Sale Type: After Auction
The Challenge: Our clients were new to the Geelong market, we took the time to educate them properly on the market and then they were onboard with the area. We also bought this during a highly competitive time in Geelong which meant we had be patient to ensure we were not overpaying. In the case of this property, we waited until after the auction so that the vendors expectations had lowered and we could secure the property at a more competitive price..
The Result: After several inspections and auctions, we found this perfect property. We inspected it, waited for the right time and then purchased it. Following settlement, we worked with Buxton Geelong to provide the property management service.