Buxton Street, Ascot
2 bed | 2 bath | 1 car
PURCHASED
Buxton Street, Ascot Case Study
We secured this investment unit in one of Brisbane’s most sought-after suburbs, Ascot after a previous contract fell through. Thanks to our strong relationships with the selling agents, we were given the first opportunity to re-engage and act quickly on behalf of our client.
Positioned in a well-maintained complex in a quiet street, this spacious two-bedroom, two-bathroom apartment offered a rare opportunity in a high-demand location. With a rental return of $750 per week, the property is set to deliver a gross yield of approximately 5.34%, outperforming similar units in the area.
We successfully negotiated favourable terms and secured the property within our advised appraisal range of $700,000–$780,000, ensuring strong future potential for both rental income and capital growth.
Median unit prices in Ascot have increased by 20.5% in the last 12 months which has allowed us to accelerate the portfolio acquisition plan and D&J will be ready for their 2nd purchase in early 2026
NUMBER CRUNCH
-
- Final Purchase Price: $730,000
- Appraised Price Range: $700,000–$780,000
- Rental Return: $750 per week
- Timeframe: Under contract within 2 weeks of engagement
- Current Valuation: $850,000-$900,000
CLIENT’S TESTIMONIAL As first-time homebuyers, the process of purchasing a property was quite daunting. However, working with Jason and Nick made the experience truly amazing. Their expert guidance took the guesswork out of such a major step in our lives, giving us peace of mind and allowing us to learn so much along the way. They made sure we never felt like any question was too small or silly, and their communication was exceptional throughout. The use of their dashboard also streamlined the process, providing an easy-to-use platform that allowed us to collaborate effortlessly. We truly believe we wouldn’t have achieved the outcome we did without the help of The Property Baron. They genuinely cared about securing the best opportunity for us, and we’re excited to work with them again for our next property journey!” D&J