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Interstate Investors Property Purchase By Home Scouts

Investment property purchased by buyers agent Home Scouts for Sydney clients

Buyer Brief

Ray and Pippa are busy Sydney-based corporate executives with a young family. As experienced property investors, they were wanting to broaden their Sunshine Coast investment portfolio with another property. The primary objective was to secure a property with strong capital growth prospects, and yield was not as high a priority.

Their lack of time, as well as lack of local knowledge of the best areas to invest in for capital growth, meant that they needed on the ground qualified expertise to ensure their investment strategy was efficient and successful. 

Home Scouts was recommended to them by a Noosa local property owner, 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, in a central location which is currently undergoing gentrification and has limited land for any new development.  

The property we found appealed to both investors, home owners and renovators alike due to its location and price point. However, we were 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. 

Result

Property 

  • 3 bedroom, 2 bathroom house
  • 723m2 block, and 70% land to asset ratio
  • Uninterrupted views to Mt Coolum, & potential to value add
  • Low vacancy rate so easily tenanted
  • Secured for $1.165M

Location 

Mount Coolum is a suburb on the Sunshine Coast between Noosa and Maroochydore. It is the southern suburb that borders on to the rock called Mount Coolum, which is the world’s second largest rock (behind Uluru) and stands 208 meters in height.

The suburb offers good shopping for essential items and is close to the major shopping of Maroochydore. It has easy access to the hinterland and beach, and is close to Mt Coolum public golf course as well as the Coolum Palmer resort. As the coast expands, this suburb has seen values significantly increase.

Bron Stacey is a fantastic buyers agent!

From start to finish, she demonstrated an impressive level of thoroughness and dedication.Bron goes above and beyond, taking videos of properties and even talking to neighbors to give us a comprehensive view. Throughout the entire process, she kept us well-informed and ensured our needs were met.

Her shortlist of properties was always perfectly aligned with our brief, saving us valuable time. Not only did she help us find our the right property, but she also connected us with trusted pest and building inspectors, conveyancers, and real estate agents.

Bron’s negotiation skills are exceptional. Thanks to her expertise, we were able to secure a property below market value, a deal we couldn’t have achieved without her. What truly sets Bron apart is her commitment to transparency. She created a shared online space for us to review the properties she had listed, providing both her insights and valuable data from CoreLogic, a global property information and analytics provider.

I can’t recommend Bron Stacey highly enough for anyone in search of a dedicated and knowledgeable buyers agent. Thank you, Bron, for making our property journey smooth and successful!

RAY AND PIPPA

Are you looking for your next Sunshine Coast investment property?

Get in touch with Sunshine Coast home buyers agents Home Scouts as we’d love to help. You can speak directly to Bron for property inspections, due diligence, property reports and everything you need to make purchasing your next investment property a streamlined process.
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