14/04/2022
If you are looking to buy a house and property we can highly recommend Steve from Perth Property Deals - he helped us to find our dream house with lots of space for the trailers 🤘
🏠 This property was purchased for a professional couple who were looking for their first home.
👥 The Brief
The brief was to purchase a large green title lot with minimum 4-bedrooms / 2-bathrooms not too far from the beach and Fiona Stanley Hospital. As they’re also running a camper trailer hire business, undercover storage for their trailers had big priority. Their rental was expiring by the end of April so to allow for settlement a property had to be found by the end of March.
💪🏻 The Challenge
Even though the market demand has slightly slowed down nationally, Perth continues to be a sellers’ market. The average listing days for properties in the target suburb are only 14 days currently. The property received an offer after the first home-open, so we were up against a multi-offer. After assessing the needs of the sellers through the agent, we were in a good position to draft a strong offer that would outperform the other offer – and it did.
👏🏻 The Result
The property was purchased for $672,000 which is a great outcome as there were 5 comparable sales within 200m radius over the past 6 months with a price range between $710,000 - $860,000. It is a brick and tile in very good structural condition with great potential to add value. If the couple decides to move on to another property in a few years’ time, it also has potential to easily convert into a dual-occupancy for double income and positive cashflow on top of capital growth 📈
