How to get instant equity in a property, there is one most highly successful and guaranteed way to do it. Source cheap land in a good suburb and build a property that comes in under the median house price. From a cheap block of land to a new home to live in. Our clients wanted to relocated closer to Brisbane due to business. Our job here was to find them land in a very good area and assist with the development and the building of a new home. As the property was to be lived in we found them a suitable block of land at a very good price and the proceeded to get the property ready for construction.
The land I found was valued at $330,000 a year ago but now you cannot buy any land in this area for under $440,000. That’s real money they have made in just 12 months and the will continue to grow as available land becomes harder to find and clock sizes reduce.
This system is easy to replicate, the secret is in finding the land but as we are Brisbane Buyers Agents, we are seeing new land every day come on to the market as people sub divide their bigger blocks and sell them off.
Here is the most recent case of Instant Equity in a property. We sourced a block of land in Victoria Point in July 2017, for $289,000.
Less than a year later that same sized block of land, 750 meters away is now for sale for $450,000.
That’s real true instant equity but this is not something you can do with just any block of land. There must be future demand, not present demand to ensure you are buying in the right part of the property price cycle. If you buy at the top then you will not replicate these results.