Community News

Related Newsletter : March, 2018
Category : Did You Know

Sellers at Redbank are realising double digit capital gains within two years

Sellers at Redbank are realising double digit capital gains within two years of buying into the master-planned project. Analysis of Keyline Property Group’s 62 re-sales in Redbank reveal most vendors have cashed out with gains of between 6 to 43 per cent, with most in double digit territory.

The sales reflect a current average return of more than 23.42% per cent in the project to date. One owner netted more than $175,000 in only 13 months after settling their block. That’s a 40 per cent return in just over a year or $13,461 per month. Another Redbank seller pocketed a mind-blowing $257,900 profit or 35 per cent in less than two and half years after purchasing their land. House sales are starting to firm up also with our first home cracking the magic $1,000,000 mark last month. Since launching sales 3 years ago, our clients have now pocketed over $5,979,000 in capital gains from resales.