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Case Study: Aquisition and cosmetic renovation in Blue Bay, NSW
Property Overview
Location: The Entrance, Central Coast NSW
Original Purchase Price: AUD $830,000 (October 2022)
Renovation Budget: $25,000
Renovation Period: 3 weeks
Post-Renovation Valuation (2025): AUD $1.15 million +
RENTAL YIELD INCREASE: 37.5%
VALUE INCREASE: 31% (July 2025)
Annual growth: (11% per annum)
Comprable average anual growth for other aprtments in the property over 10 years: under 3%
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