Interstate Investors Property Purchase By Home Scouts

Investment property purchased by buyers agent Home Scouts for regional Queensland clients

Client Case Studies

Buyer Brief

Ali and Faiza are busy regionally-based professionals with a young family. They hadn’t purchased a property before, and were wanting to secure an investment property in Brisbane as their first purchase, due to the strong capital growth opportunities in the city.

Not being local to Brisbane, nor having the experience of property investment or time to search, meant that they needed on the ground qualified expertise to make the best investment purchase for their budget.

Home Scouts was recommended to them by a mortgage broker, and we were engaged to undertake a property investment strategy and acquisition for them.

Our Approach

We prepared extensive research on best suburbs for their goals, risk profile and budget (with research based on multiple demand and supply metrics as well as long term growth drivers).

Once those shortlisted area/s and the property investment strategy was agreed with our our Sydney client, we then proactively reached out to our network of local real estate agents to identify pre-market, on-market and off-market properties which fit their brief and budget.

We identified the ideal property for their investment, under 10kms from the Brisbane CBD and an area undergoing gentrification.

The property we found appealed to both investors, home owners and renovators alike due to its location and price point. However, we (Guy) was able to negotiate with the local real estate agent to successfully secure this property due to positioning our offer with more favourable terms for the vendor (in spite of the fact that our offer price was lower than other offers).

Post contract, we also facilitated property management selection and smooth handover for the rental of the property.

Ali and Faiza’s purchase story was published in the Australian Financial Review’s “How I Bought it” series.

Result

Property

3 bedroom, 1 bathroom, 2 car garage
607m2 block, backing on to a nature reserve
Quiet street close to schools and key amenities
Low vacancy rate so easily tenanted
Secured for $913,000

Location

Salisbury is a quiet suburb less than 10kms to the Brisbane CBD. It has the nearby Toohey Forest nature reserve, along with great amenities and Griffith University (ranked in the top universities globally). It is currently undergoing significant gentrification, along with nearby suburbs which are adding to the demand and associated property prices for this area.

Bought our first investment property through Bronwen and Guy! Loved dealing with both of these top people. Made the whole process smooth. Onto the next one.

ALI AND FAIZA