Case Study: Renovation and Flip

20% Returns in 6 Months

Feb 2018:  Client came to us wanting to do a reno-sell flipping project.  We bought this 2 bedroom flipper at $412,000.  $7,000 below asking price.  Something which is unheard of in that part of sought-after Melbourne suburb.

The bath, kitchen and interior were updated and modernised with the money saved.  

Aug 2018: Renovation was completed and it was re-valued at $495,000.  An increase of 20% in 6 months!  The equity was extracted, property leased out, and the client went on to buy a second investment property.  Great "chunk deal" success.

Melbourne Buyers Agent - High Yield Investment Property