Smart investment reaps big rewards for one of our clients
In 2019, the WhiteStar team was proud to assist one of our clients in buying a new, turn-key property, with everything included, for just $413,439.
The client then rented the home out for $1629 per month, which comfortably covered their mortgage repayments.
In October this year, after owning the investment property for just 30 months, they sold it for $535,000 – an increase in value of almost 30%.
They then used some of that return to help pay off the loan on their own home, reducing their mortgage by a massive 80% and opening up a host of new property opportunities.
Of course, while every property investment story is different, this case study from our client shows just how well sensible property investments such as this can benefit your broader financial position.