• Property Purchase - Yr 2008

• Land Size: 767m²
  Floor Area: 255m²
  Bedrooms: 3 🏠
  Bathrooms: 1 ½ 🛁
  Garage: 3 🏎️

Financial Details :

• Land Purchase Price (2008): $313,000 💵

• Year Built: 1972 🏟️

• Current Valuation (2025): $655,000 📊

• Rental Performance (2008-Present) 💵

• Leased Period: August 2008 - Present 🔢

• Rental Range: $350 - $600 per week 💰

• Average Weekly Rent: $475 📈

• Annual Rental Income: $475 × 52 = $24,700 🌍

Capital Growth Analysis 📈

• The property has experienced consistent value appreciation over the years:

• Purchase Price (2008): $313,000 🏢

• Current Valuation (2025): $655,000 📊

• Capital Growth: $655,000 - $313,000 = $342,000 🌟

Wealth Generation Strategy 💼

• The success of this investment is attributed to a well-thought-out strategy:

• Strategic Purchase: Acquiring the property in 2008 for $313,000 capitalized on Beckenham’s affordability and potential for growth during this period. 🚀

• Rental Income: Leasing the property ensured steady cash flow to cover holding costs and contribute to overall profitability. 💰

• Market Timing: Retaining the property for 17 years leveraged consistent capital appreciation and growing rental demand in Beckenham. ⏳

• Location Benefits: Beckenham’s proximity to Perth and significant infrastructure developments boosted the property’s appeal and value over time. 🏢

• Long-Term Vision: A buy-and-hold approach allowed the investor to ride out market fluctuations and benefit from long-term gains. 🌐

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Economic Context 📊

• 2008:

• Interest Rate: ~7.25% 🏆

• Consumer Price Index (CPI): ~4.4% ⚖️

• 2025:

• Interest Rate: ~6.49% 📊

• Consumer Price Index (CPI): ~2.5% 📊

• Conclusion 🌟

• This investment at 63 Gravity St, Beckenham highlights the power of strategic property ownership in building long-term wealth.

• Total Capital Growth (2008-2025): $342,000 🏆

• Gross Rental Yield: ~3.77% 🏡

• Annualized Capital Growth Rate: ~4.68% 🌐

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By combining location, timing, and rental income, the investor successfully turned this property into a high-performing wealth-generating asset. This case study underscores the importance of patience, strategic planning, and a long-term approach to property investment.