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Local Investors Brisbane Proerty Purchase Home Scouts

Investment property purchased by buyers agent Home Scouts – key SEQ growth corridor

Buyer Brief

Sofia and Jeng are medical professionals based in Brisbane. As part of their investment planning, they wanted to purchase a Brisbane investment property, which was the first property in their investment portfolio. 

They were seeking a property in an area with long term strong capital growth prospects, which was in good condition with no renovation required, and with a land component. Their budget was $650,000 for this purchase. 

Not having the time nor knowledge of the best places to invest, they needed qualified property investment advisers to do their search and acquisition for them to ensure they bought the right property in the right location. 

They engaged Home Scouts for the full buyer agency services, after being recommended to us by a previous client. 

Our 

Approach

Our suburb recommendations took in to account their budget and objectives, assessment of key growth drivers including (among others) infrastructure spend, proximity to amenities, and current and future prospects.

After inspecting a range of properties across the broader Brisbane region, we identified a property opportunity which met all key criteria for yield, capital growth, and access to amenities.

Conducting due diligence and a pricing strategy, we negotiated with the agent, and secured the property for a competitive price due to a unique pricing strategy approach in consideration of the vendor’s position. 

Once the contract was secured and the property passed inspection, we assisted our clients with property manager options to ensure a smooth handover to tenancy.

Result

Property

 

  • 4 bedrooms, 2 bathrooms, 2 car garage
  • Freestanding house
  • Located in owner occupier area of Coomera
  • Strong capital growth outlook and low vacancy rate
  • Secured for under $640,000 (June 2022)

Location

Coomera is between Brisbane and the Gold Coast, and considered to be a central suburb within the South East Queensland growth corridor.  This property was located in an owner occupied area of the suburb and also within walking distance to key shopping, schools, public transport as well as new proposed hospital. 

Found and purchased a brilliant investment property through the help of Home Scouts. Bronwen and team are fantastic in providing in-depth research and communication with them has been seamless. We have already recommended friends to Home Scouts and will continue to use them for our next purchase.

JENG AND SOFIA

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