Max and Natania had long aspired to purchase a property. Initially, they searched for a home to live in, but rising property prices closer to Brisbane's city center and the potential for Max to be relocated for work shifted their strategy toward investment. Their goal was clear—to find a solution accommodating both their budget and design needs, while maximising long-term capital growth. With an investment strategy focused on buying and holding, they sought a property that matched their vision. Despite challenges such as hidden costs and process uncertainty, the final outcome delivered an investment property that exceeded their expectations while staying within their $550,000 budget.
Max and Natania faced numerous challenges on their property purchasing journey. Initially, their focus on owner-occupied properties revealed prohibitive costs closer to the city, which would have required significant lifestyle sacrifices. The decision to purchase an investment property provided greater flexibility, but they had to balance their strict $550,000 budget with the need for a quality design suitable for renters.
Their property wish list reflected their vision, including specific house features such as four bedrooms, a media room, modern kitchen finishes, and a master bedroom at the back. They also needed a 400m²+ block of land with a 14-meter frontage, ensuring practicality and functionality for future renters. However, concerns over hidden costs, such as soil testing and driveway construction, left them wary of the building process.
Max and Natania adopted a long-term buy-and-hold strategy to achieve their financial goals of capital growth and portfolio expansion. This approach focuses on acquiring a quality property, retaining it for an extended period, and benefiting from market appreciation.
Key Benefits:
Capital Appreciation: The property’s value is expected to grow steadily over time, providing long-term wealth-building opportunities.
Equity Growth: Rising property value helps build equity, which can be leveraged for future investments.
Rental Income: The property’s design and location ensure tenant appeal, generating consistent rental revenue to offset expenses.
Risk Management: Strategic location, transparent cost planning, and emergency funds reduce investment risk.
4 bedrooms, 2 bathrooms, and a 2-car garage.
A master bedroom located at the rear for privacy, paired with an ensuite and walk-in robe.
A functional kitchen with a 20mm stone island bench, walk-in pantry, and modern finishes.
Additional features included a separate media room, ducted air-conditioning, and 2550mm ceiling heights for a spacious feel.
A combination of tile and carpet flooring for practicality and comfort.
Exterior details included a corrugated iron facade, brick and render construction, roller blinds, security grills, fencing, and a driveway.
To mitigate their concerns about unknown expenses, the process was approached transparently, explaining potential costs like soil testing upfront. A comprehensive breakdown of inclusions ensured clarity on what was covered, including driveway construction and fencing. Regular updates on the building progress helped alleviate apprehension about hidden surprises.
Max and Natania successfully secured a 400m² block with the required 14-meter frontage within their budget, setting the stage for a home build that ticked every box on their wish list. The construction process remained on budget, delivering the 220m² home for their fixed budget
