30/06/2025
π¨π¨π¨$170,000 Profit in 6 Monthsπ¨π¨π¨
We typically don't showcase individual properties, but occasionally, a standout opportunity emerges that's hard to keep to ourselves, AND it won't last long.
π Location: New Norfolk, Tasmania - approximately 30km from Hobart.
ποΈ Property: Dual-villa, separately titled house-and-land package. 2bed/1bath/1car
ποΈ Completion: Expected in around 5 months.
π° Total Price: $640,000
π Projected Rental Return: $900 per week ($450/villa)
What makes this particularly compelling is the structure: you're essentially acquiring two villas, each on its own title.
Breaking down the numbers:
Per Villa Cost: $315,000
Estimated Resale Value (Post-Completion): $395,000-$415,000 per villa, appraised by a local agent.
Potential Capital Uplift: Approximately $80,000-$100,000 per villa
Quick Market Insights:
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Vacancy Rate: Just 0.6%, indicating strong rental demand.
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Population Growth: Between 2016 and 2021, New Norfolk experienced an 11.1% increase in population, suggesting a growing community and potential for continued demand.
This property shows the kind of quality stock we encounter through our tailored processes. While we don't usually spotlight individual listings, this one aligns exceptionally well with investment fundamentals.
If you're interested in exploring opportunities like this and if they're right for you, feel free to reach out.