Apartment price jumped 20% in 2 years
This is a project recommended by us 2 years ago.
One apartment of Botanica, South Brisbane has just been sold (before settlement ) with a 20% capital growth. It’s a two bed two bath unit with the original off the plan contract price of $650,000. It has just been sold for $780,000.
There have been only 5 resales in three ARIA projects in South Brisbane, all have been recommended by us, with one bed experiencing an average price increase of 8.45% and two bed two bath experiencing an average price increase of 20.75%. Compared to these projects, there have been 14 resales in 6 projects by other developers, the average price change is: -2.30% for one bed and 1.3% growth on two bed two bath.
While there is no guarantee every of our investors have experienced the same price increase in their purchases in ARIA projects, it proves that well selected projects tend to outperform others.
As a financial and investment adviser, nothing gives us more joy than see our clients have made great money out of their property investment or they have sufficient financial resources if anything unexpected happens in their life. We will keep you posted with the updates of the market.