Secured a high-performing town-house in a tightly held inner Melbourne pocket at $550,000, leasing for $650 per week.
This is the type of asset investors chase because it’s built on fundamentals: strong tenant appeal, consistent demand, and an income profile that supports the hold. At roughly 6.15% gross yield, it’s a clean example of buying for cash flow resilience while still keeping exposure to long-term upside in an established location.
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Purchase price: $550,000
Rent: $650/wk
Gross yield: ~6.15%
Cash-flow support: strong rental income for the price point (helps buffer rate rises / vacancy)
Tenant appeal: inner-ring lifestyle + convenience usually means wider tenant pool and stronger rent resilience
Liquidity: in established inner pockets, you generally get more buyer depth on resale vs fringe stock
Risk control: outcome driven by entry price + DD (avoids “cheap” deals that become expensive later)