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Daniela and Sam are a young couple in their early 30s who
recently became engaged and are getting married this year. They are
also planning on starting a family in the near future. He works for
a mining company in Perth and she works as a project manager for a
large developer and building firm.
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The couple were originally from Melbourne. They purchased their
first home, a spacious and tastefully designed 2 bedroom apartment,
in one of Melbourne's more prestigious suburbs, 5 years ago.When
Daniela and Sam re-located to Perth 3.5 years later, they turned
their property into an investment property.The property has always
been tenanted by quality tenants, due to the location, quality and
size of the property. As such, they have been able to steadily
increase their rent on the property each year.The couple have
simultaneously been saving diligently as they are committed to
purchasing their second investment property.
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The WealthStream team met with Daniela and Sam and spent some
time going over key investment points and strategies. As a result,
they both now have a very good understanding of property investing
and how to get the most from their investments in real estate.
Moreover, armed with this new knowledge and property investment
education the couple have been able to successfully choose their
second investment property.
Daniela and Sam had a selection of properties in various locations
across Melbourne from which to chooseAfter much consideration they
decided to purchase in Bonbeach, a decision based primarily on all
the figures on the investment property regarding purchase price,
rental return, capital growth and location.Daniela and Sam liked
the fact that the property was only a few blocks away form the
beach, train station, a large shopping centre as well as to the
freeway and a major arterial that gave easy access to the C.B.D. In
short, they felt that these were key factors in achieving,
excellent capital growth potential.
Daniela and Sam purchased a two storey, 3 bedroom townhouse, with
open plan lounge and kitchen downstairs, master bedroom with
ensuite, 2 other bedrooms upstairs with another large living
area.
The property comprises a modern kitchen with stainless steel
appliances, Tasmanian Oak with Jarrah trim in the living areas,
quality carpets thoughout all bedrooms and modern bathrooms with
porcelain tiles.
Additionally, all the finishes on the property were of a very high
quality.The builder was very reputable and has extensive experience
in the local area.The purchase price was $415,000 the property was
off the plan, so Daniela and Sam saved nearly $15,000 in stamp
duty.
The property was completed in February 2008 and local real
estate agents have valued it at now being worth over $500,000 upon
completion.The property was rented within a week to quality
tenenats. Daniela and Sam flew over to Melbourne at Christmas to
look at their investment. They were very pleased with their
purchase and over the moon with the increase in the investment
property’s value.This was a rewarding moment because we could see
how proud they were of their achievement.
At WealthStream, it's much more than just selling someone a
property.
"It is about helping people change there lives and achieve their
dreams"
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