
Here's the breakdown: Purchase price: $1,000,000 Sale price: $1,225,000 Rent collected: $18,960 Hold time: 6 months Renovations: ZERO That's a 22.5% gross return — in half a year. "But Tim, the market was just hot." Wrong. The entire suburb of Scarborough only grew 17.9% over 18 months. My client beat the suburb average in a third of the time. The difference? Asset selection. We identified an 810m² development block with upside that the market hadn't priced in yet.
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