Investment Property Profile - Brisbane

3 MELROSE ST, BULIMBA

Brisbane Investment property

INVESTMENT PROPERTY DATA

House: 4 Bed, 2 Bath, 2 Car

Land: 380 sqm

Purchase Price: $995,000

Rental Return: $875 per week

SUBURB INVESTMENT DATA

Suburb: Bulimba

Historical Performance (1991-2016): 9.37% per annum

Demand to Supply Ratio: 54/87

Vacancy Rate: 3.44%

Rental Yield: 3.33%

LONG-TERM STRATEGY

This property lies in one of Brisbane's best suburbs, and purchased at $150,000 below the suburb's median price, has plenty of value to be added. A beautifully maintained Queenslander with an excellent rental return for its price point, its new owners plan to transform it into a genuine showpiece, capitalising on its prime position and maximising the already considerable land value. 

INVESTING IN BRISBANE?

Need help determining the best locations and properties to invest in in Brisbane? Book a completely free and independent consultation with an Independent Property Adviser. You'll get professional and well-researched advice to help you shape your investment strategy.