| House: A single dwelling on a block of land (usually Torrens titled). Houses are not normally built to the boundary of the land lot and may be single or double level. | |
| HOUSE & LAND CRITERIA | |
| Type | 3 or 4 bedroom, 2 bathrooms |
| Internal Size | 130 - 200sqm |
| Land Area | 300 - 550sqm |
| Targeted Pricing | $300,000 - $550,000 |
| Preferred Rate (per sqm) | $4,000 - $9,500 (can vary dramatically by location, quality and land size) |
| Comparable Sales | Extensive due diligence on comparable sales undertaken |
| Contract Process | Usually 2 contracts - Land contract and Building contract (construction) |
| DUE DILIGENCE | |
| Local Area | Research suburb, infrastructure, amenities, council plans |
| Estate Developer | Analysis of Estate plans (if in a master planned estate) |
| Build Quality | Analysis of builder home designs, schedule of finishes, completion times, quality |
| Negotiation | Pre-negotiated pricing and special offers for Ironfish investors |
| INVESTOR ESSENTIALS | |
| Capital Growth Targeted Average | Double every 10 years (targeted annual growth average - 7.2% compound growth min.) |
| Rental Return Targeted Average | 4.5% - 5% p.a. |
| Depreciation | Maximized Depreciation reports are organized for Ironfish investors |
| Vacancy Rate | 1.0 – 3.0% |
| Property Management | Ironfish always recommends an experienced local property manager. Ironfish Victoria and South Australia offer local Ironfish property management services. |
| PROJECT FUNDAMENTALS | |
| Location | Within 30kms of a CBD (varies depending on city) |
| Amenities | Close to shopping, schools, recreational activities, pool, parks, playgrounds |
| Employment | Convenient proximity to local employment centres and within a 30 minute drive of a CBD |
| Transport | Within a 10 minute drive to public transport (car convenience is a priority) |
| Security | All properties need to be secure as well as in "safe" areas. |
| Parking | Very important. Single or Double LUG |
| Tenant Profile | Families with children or professionals who are happy to commute due to more land / space and relaxed family living conditions |
| KEY GROWTH DRIVERS | |
| Key Growth Drivers "X" Factors |
Designated Urban Renewal Areas - any unique additional "value" being added to an area - public or private investment planned? |
| Proximity to water / beach / parkland / views? | |
| New road infrastructure to be constructed? | |
| Close to major existing / proposed shopping centre? | |
| Close to major university campus / educational institution? | |
What Ironfish Clients Say
"After attending Ironfish’s seminar, I have a fresh understanding of investment. I am fully confident that with Ironfish’s property investment strategies..."
Hector, Accountant
"With Ironfish’s help, I bought my very first investment property and within a few months, my property has already gone up in value by $40,000 – 50,000..."
James, Accountant
"We have so far bought three properties from Ironfish, and it has always been a pleasure to benefit from Ironfish’s professional experience in the property market. "
Francis, IT Professional
"Ironfish not only provide property research information, but also educate their clients on how to invest and manage their individual property portfolios..."
Joe, Financial Planner
Ironfish Offices
Sydney
Melbourne
