A Canberra-based investor who had never bought property outside Canberra took their first step into interstate property investment with support from M4Properties.

The buyer wanted to proceed through their SMSF, so the property needed to make sense from both an investment and long-term portfolio perspective. For a first interstate purchase, confidence, research, and the right guidance were essential.

Within just 3 days, M4Properties found an off-market opportunity that matched the buyer’s goals. The property offered strong fundamentals, a practical land size, rental income, and a purchase price below the asking figure.

The property featured 4 bedrooms, 2 bathrooms, 3 car spaces, and a land size of 607m². With an asking price of $700,000, M4Properties successfully secured the property for $670,000, creating a $30,000 saving for the client.

The current price sits at $700,000, meaning the buyer stepped into the purchase with a stronger value position from day one. With weekly rent at $630, the property generates approximately $32,760 in annual rental income. Based on the $670,000 purchase price, this represents an approximate gross rental yield of 4.89%.

For a Canberra-based investor buying outside their local market for the first time, this was a strong result. The property was sourced off-market, secured quickly, purchased below asking, and supported by rental income from the beginning.

M4Properties helped the buyer move with confidence by identifying the opportunity, assessing the numbers, negotiating the purchase, and supporting the process from start to finish.

This purchase shows the value of having the right buyer’s agent when entering a new market. With the right strategy and access, interstate investing can become clearer, faster, and more structured.