Salisbury New Investment Property built on an infill block of land was sourced for a client who wished to invest in real estate and wanted a property that would pay for itself and receive good capital growth.
An infill block was sourced for $300k and a suitable house was designed to fit the block and match the street.
That same block of land is now valued at $440,000 in just over 3 years.
This is still the best way to create instant equity in a property, find land in a good suburb as close to the CBD or water as possible and build a good quality 4 bedroom home on it.