Many of our clients hold existing property in Australia and are unsure how much it may be worth, if the rent being received is market value or if they should renovate the property to keep up with the suburb gentrification or changing rental demographic.

If this is you, our free webinar on Milk Chocolate Property feasibilities is not to be missed. We'll detail how the feasibilities are built using the expertise of each Milk Chocolate Property vertical including;

  • Research, Data, Planning & Analytics

  • Purchasing

  • Construction

  • Property & Maintenance Management

Being held on the 31st of August, 2022 at 6.30pm (AEST), 12.30pm (GST), and 4.30pm (SST/HKT).

Here is an example

Tim has an established property in Brisbane, which he has owned for 15 years, for eight of which the property has been tenanted whilst Tim has been working overseas. In the eight years, Tim has been away the suburb has seen significant gentrification, he knows the market has moved, however, is unsure what this means for his investment. Tim has questions like: 

  • What would be the current value of my property?

  • Am I receiving market rent?

  • Should I renovate the property? If so, what should I spend?

  • What will my property be worth after renovating?

  • What will my rental income be post renovations?

Tim wasn’t sure where to start and here’s where we come in: 

  • We gave Tim a full analysis of the suburb and surrounding suburbs to his property. He now has a good handle on how the area has changed, the infrastructure, lifestyle, and demographics

  • We detail the most recent sales and rents for unrenovated through to renovated properties in the area and how those properties compared to Tim's.

  • Based on the data we made a recommendation on what the current value of Tim's house was and what the valuation would be post varying degrees of renovation, we also provided the same information for the rent

  • We provided a full cost of works to renovate the property in varying degrees that matched the forecast price and rental valuations

  • All of this information was presented on Tim’s bespoke property portal.

Tim had all the facts to make an informed decision on how he should progress with his existing property.