This property was settled in March 2020 for an experienced investor as their 4th property and has a capital growth of 20% after a year and three months. It has four bedrooms, two baths and double carports located in Tasmania. It has a big land size of 800 sqm offering a generous size of home with two levels of floor plan.
With the purchase price was $431,000 and $420 rent per week, this property clearly shows positive cashflow from day one.
It is located near the general hospital, public transport and schools which also added to the increase of more than $80K in property value after a year.