Investment Property Profile - Brisbane
3 MELROSE ST, BULIMBA
INVESTMENT PROPERTY DATA
House: 4 Bed, 2 Bath, 2 Car
Land: 380 sqm
Purchase Price: $995,000
Rental Return: $875 per week
SUBURB INVESTMENT DATA
Suburb: Bulimba
Historical Performance (1991-2016): 9.37% per annum
Demand to Supply Ratio: 54/87
Vacancy Rate: 3.44%
Rental Yield: 3.33%
LONG-TERM STRATEGY
This property lies in one of Brisbane's best suburbs, and purchased at $150,000 below the suburb's median price, has plenty of value to be added. A beautifully maintained Queenslander with an excellent rental return for its price point, its new owners plan to transform it into a genuine showpiece, capitalising on its prime position and maximising the already considerable land value.
INVESTING IN BRISBANE?
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