Amit & Meenakshi: 2 Investment Properties within a Year!
| $449K Equity Growth | 2 Properties in 11 months |
|---|
Our Client
Meet Amit and Meenakshi, a determined couple focused on building long-term wealth through real estate. Amit, an Engineering Manager at CBA, and Meenakshi, a Software Engineer, wanted to make smart investment choices but needed expert guidance to navigate the market.
How We Helped
We guided them and secured a 4-bedroom house listed at $465,000 for just $425,000, saving $40,000. Notably, this purchase marks their first property investment in Australia since their arrival in 2019. The property’s rental yield offset their mortgage, allowing them to reinvest and secure a second property within a year using the equity from the first property we secured.
First Property
- Date of Settlement: May 2023
- Purchase Price: $425,000
- Current Value (As of February 2025): $644,000
- Capital Growth: 56.2%
Second Property
- Date of Settlement: March 2024
- Purchase Price: $550,000
- Current Value (As of February 2025): $760,000
- Capital Growth: 38.2%