Fast Growing Pocket in Melbourne - $900k

The Client:
Stephane is building his property portfolio to generate passive income for retirement. He needed a foundational investment to kickstart his portfolio and is already moving quickly to secure more properties.

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Why he used a buyer’s agent

Stephane wanted to build a solid foundation for his property portfolio, but he needed expert guidance to identify a high-performing investment in a competitive market. With plans to secure two additional properties quickly, he sought a buyer’s agent who could provide strategic insight and help him navigate the complexities of property investment to meet his long-term financial goals.

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The Outcome:
Secured a 4-bedroom family home on a 545sqm block in the Mornington Peninsula, Melbourne.

• Purchase price: $905k with a rental yield of 4.3% or $750 p/w.
• While the broader Melbourne market has grown at 4% annually, this location has consistently performed at 7% per year.
  
• Given the affordability of the Melbourne market, population, income numbers, lifestyle and renewed investor interest, this area is set to outperform its historical average.

The property is located on a street with 100% owner-occupiers and is generating a 4.3% rental yield—10% above the suburb median.

What Stephane had to say:

"Working with Core Property Buyers was an exceptional experience from start to finish. Saul and Teagan’s deep market knowledge and strategic insights made the property buying process seamless and stress-free. They took the time to understand my goals and provided clear, data-driven advice at every step. Their commitment to transparency and personalized service truly sets them apart. I felt supported and informed throughout the entire journey. Highly recommend Core Property Buyers to anyone looking for dedicated and professional buyer’s agents."

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