$600,000
$850,000
Melbourne, VIC
$250,000
5.5% ( At the time of Purchase)
In 2021, a couple decided to upsize their living space by purchasing a spacious townhouse in Melbourne for $600,000. The property's value soared over the next two years, gaining $250,000 in equity. This impressive appreciation allowed them to sell their previous home and invest in additional properties. The townhouse also generated a rental yield of 5.5%, providing a steady income stream and contributing to their financial stability.