Investment Property Profile - Gold Coast
8 Gloucester Court, Highland Park
INVESTMENT PROPERTY DATA
House: 4 Bed, 2 Bath, 2 Car
Land: 1,188 sqm
Purchase Price: $517,888
Rental Return: $540 per week
SUBURB INVESTMENT DATA
Suburb: Highland Park
Historical Performance: 5.94% per annum
Demand to Supply Ratio: 74/87
Vacancy Rate: 0.71%
Rental Yield: 5.05%
LONG-TERM INVESTMENT STRATEGY
A big house on a big block of land, this property is centrally located within 30 mins of every part of the Gold Coast. With the supply of land on the central Gold Coast very tight, this double sized block should perform strongly. The house is in original condition but has great bones, and its new owners have embarked on a strategy of small renovations and improvements to increase value and rental return.
GET THE RIGHT ADVICE FOR YOUR INVESTMENT
Thinking about buying an investment property on the Gold Coast? Get honest and insightful advice from our Independent Property Adviser for the Gold Coast, Andrew Wegener. Book a free consultation in today to discuss your property investment strategy and learn how to maximise your return when buying on the Gold Coast.
