A 350k Entry That Climbed to 480k in One Year

Alma and Michael were looking for an affordable entry point into the Perth market without compromising on long term potential. They secured a neat Thornlie property for 350k, and within twelve months the bank valued it at 480k. That is a huge step forward for a couple entering the investment world for the first time.

Thornlie has gone through steady revitalisation, with improved transport, new local development, and strong rental stability. These factors quietly push values up over time, and Alma and Michael positioned themselves perfectly to take advantage of that momentum. The price they bought at was well under replacement cost, which gave them instant confidence in the asset.

Their growth is a reminder that you do not always need to spend big to see meaningful results. Strategic entry points often outperform flashy investments in trendy suburbs. When you buy something with underlying value, the market does the heavy lifting for you.

This win sets them up with equity to recycle into future purchases. It is the kind of foundational purchase couples dream of when they start building a portfolio. And fair play to them, they executed it beautifully.