The team ventured out to the Northern NSW town of Tenterfield, driven by some compelling data about this great little region. We had a young investor looking to purchase his second investment property but was on a tight budget. He was looking for a property that would deliver great equity growth whilst delivering a solid rental yield that would basically cover his costs to hold the property. We found a fantastic weatherboard house 2 blocks from the main street of Tenterfield and purchased the property for $276,000. The house is a wonderful example of the great properties in this town/region and with a simple kiss and a cuddle internally and in the garden this property presented well for new tenants on a 12 month lease at $325 per week. This clients investment portfolio is looking solid with two properties purchased with the help of My Property Buyers Agent, one located in Nowra NSW and now the second in Tenterfield NSW. Combined, his portfolio is positively geared and has seen equity growth to assist in the ongoing acquisition of future investment properties.
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