Investor Success Story: Securing a High-Quality Queensland Investment from Melbourne
Purchasing an investment property interstate can feel overwhelming, particularly when local knowledge, timing, and on-the-ground due diligence are critical. For this Melbourne-based investor, this purchase marked Investment Property Number Two and a strategic entry into the Queensland market.
Their objective was clear: secure a high-quality, low-risk investment in a strong growth location, with solid rental demand and long-term fundamentals. This is where local expertise became essential.
The Strategy:
With the client based in Melbourne, our role was to act as their eyes, ears, and advocate on the ground. We focused on locations within commuting distance to both Ipswich and Brisbane, with strong infrastructure investment, low vacancy rates, and proven tenant demand.
Through our established local agent relationships, we were able to secure an off-market opportunity before it was exposed to wider competition.
The Property
The property secured was a modern, well-located home offering:
- 4 bedrooms, 2 bathrooms, 2 car accommodation
- Approx. 600m² block
- Walking distance to the train line, local shops, doctors, schools, and pubs
- Only 3 years old and still under builder’s warranty
- All appliances in near-new condition
Importantly, the property was vacant at the time of purchase, allowing for a thorough and unrestricted building and pest inspection, an ideal scenario for any investor.
Location Fundamentals
This area continues to show strong fundamentals and is positioned well for future performance. Key drivers include:
- Low rental vacancy rates and consistent tenant demand
- Proximity to Ipswich and Brisbane employment hubs
- Planned and ongoing infrastructure upgrades
- Inland Rail upgrades
- New residential and industrial developments in the surrounding vicinity
Based on these factors, this location is expected to perform well in the short to medium term, with solid long-term prospects.
Rental Outcome
During the unconditional phase, we coordinated the engagement of a local property manager to ensure a seamless transition from settlement to tenancy.
- Tenant secured prior to settlement
- Tenant moving in within two weeks
- Gross yield: 4.85%
This ensured minimal vacancy and strong holding performance from day one.
The Numbers
- Purchase price: $758,000
- Valuation at settlement: $790,000
- Immediate uplift driven by strong demand across Greater Brisbane
Seeing equity growth already evident at settlement reinforces the strength of both the timing and the location selection.
Final Thoughts
This purchase represents an excellent investment outcome, combining location, quality, rental demand, and early capital growth. It is a property we are genuinely excited to track as part of the client’s growing portfolio.
For interstate investors, having trusted, independent, on-the-ground representation can make all the difference between buying blindly and buying well.
