Three Strategic Buys, All Delivering Strong Results
Fred entered the property game with a clear and calm strategy. Start with affordable entries in proven suburbs, then let the fundamentals carry the growth. His Maylands property, purchased for 375k in November 2024, has already climbed to 470k. That is a solid opening deal and a reflection of Maylands increasing popularity among young professionals and renovators.
His Cannington property, secured for 288k in August 2023, jumped to a valuation of 480k. This corridor has been benefiting from retail redevelopment and strong rental occupancy, giving Fred a nice uplift without needing to lift a hammer. His Wembley property, bought in May 2023 for 235k, pushed up to 460k, showcasing the strength of entry level stock in high demand areas.
What makes Fred’s results impressive is how quickly they came. These are not decade long holds. These are fast moving gains achieved through disciplined buying and understanding which suburbs were undervalued relative to their long term potential. He positioned himself early and the market rewarded the move.
Fred now has a trio of properties performing at a high level. This gives him significant equity for future purchases, plus the stability of owning assets in different pockets of Perth. It is a clean, simple, highly effective portfolio build.