Buyers beyond the border are signing up ‘site unseen’

first_img94a Johnston Street, Bellbird ParkMore from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019Mr Schlamm said the investor-buyer was keen to acquire the four-bedroom home soon after he had seen the listing.“The negotiations started without the buyer seeing the property. The buyer then flew up on the Saturday and had a look to confirm he was happy,” Mr Schlamm said. 94a Johnston Street, Bellbird ParkMr Schlamm said affordability was a major motivator for out-of-town purchasers.“For the investors from Sydney, you’re getting a yield that’s twice what you’re getting down there, and you can actually buy something with $300,000 or $400,000 in the first place,” he said. 94a Johnston Street, Bellbird Park 94a Johnston Street, Bellbird ParkQueensland’s southeast has been awash with Sydney and Melbourne buyers of late as our affordable property and high returns bring in savvy investors.The sale of 94a Johnston St, Bellbird Park, for $352,500 on September 27 was a great example, according to Ray White Redbank Plains sales manager John Schlamm. 94a Johnston Street, Bellbird ParkMr Schlamm said the home offered a secure, long-term tenant for the new owner.“The tenants have lived in the house for eight years and they wanted to stay – so it’s pretty much a win-win for everyone,” he said.last_img

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