A Real Life ‘Glow Up’ - Case Study

Buckle up for a real estate tale that’s got it all — killer purchasing strategies, a bit of elbow grease, and a house that went from 'meh' to 'cha-ching'! We're going to spill the beans on one of our awesome clients who turned a property into an investment goldmine, with a whopping 17% growth over just three years of ownership. They did it all with just a few nifty tweaks and a solid property foundation.

The key factor to this success story was buying a house that had the goods from the start. North facing living and outdoor entertaining areas, solid brick construction, free flowing floor plan and renovations that still made sense, all sitting pretty on a decent-sized block in a sought after area. These are the fundamentals that we focus on that help ensure the property is going to perform no matter the market conditions.

Interestingly, we didn't have to fight it out with other buyers when we purchased. Contrary to the common saying "easy to buy, hard to sell", just because there isn’t a bidding war when you buy, doesn't always mean it's going to be a tough sell down the road. There are many factors which can result in a flailing campaign that often have nothing to do with the property itself.  

Once we secured the home, our clever client didn't proceed to break the bank with major reno projects. They followed our simple principles for the ultimate property glow up! Swapping out light fixtures and hardware, painting out dated feature walls, swapping splashbacks for modern alternatives and freshening up the facade with a high pressure hose and some purposely placed potted colour. These minor tweaks didn't just bring all the buyers to the yard —they added serious bang for buck!

After just three years of ownership it was time for these clients to move onwards and upwards and when it came time to sell they proved a jaw-dropping 5.4% compounding capital growth rate. Which for the area and general market at the moment is well ahead of the curve! 

This real estate rollercoaster proves that success doesn’t always have to be about splurging on big renovations or winning in a bidding war. It's about recognizing a good thing when you see it, making savvy tweaks, and letting the market do its thing. 

So, next time you're eyeing a property, or if you’re planning on getting stuck into some summer time DIY, remember this tale—it might just inspire your own success story!