Brisbane - Bracken Ridge

 

Teamwork in Action: Securing a Bracken Ridge Home for Busy Business Owners

Property Info

→ 23 Somerton Street, Bracken Ridge

→ 4 Bed, 2 Bath, 2 Car + Pool

→ $1,161,000 with a rental yield of approx. 4.03

At Hot Property Buyers Agency, many of our clients come to us through trusted referral partners. This time, our friends at Madd Loans connected us with a local couple who run their own business. Time-poor and juggling everything that comes with running a company, they knew they didn’t have the hours to spare trawling property listings, inspecting homes, and negotiating deals. That’s where we stepped in.

The Journey

After a couple of weeks of searching—and a few near misses, we found the perfect property: 23 Somerton Street, Bracken Ridge.

This home is a 4 bedroom, 2 bathroom, 2 car residence with a pool, situated in one of Bracken Ridge’s most desirable owner-occupied pockets. In fact, we know this street wel, we’ve now purchased in Somerton Street three times for different clients. That local insight and track record gave our buyers a strong edge in understanding the area’s performance and long-term potential.

The Competition: 16 Offers on the Table

This wasn’t an easy buy. With 16 offers submitted, competition was fierce, this is where relationships matter. Our long-standing connection with the selling agent meant our client’s offer stood out, and ultimately, it was accepted. For time-poor buyers, this kind of behind-the-scenes trust and negotiation is exactly what makes engaging a buyers’ agent invaluable.

The Numbers: Rental Yield

The property is expected to lease for around $900 per week, making it not only a great lifestyle home but also a solid investment.

  • Purchase price: $1,161,000

  • Rental income: $900 p/w ≈ $46,800 p/a

  • Gross rental yield: ≈ 4.03%

For an owner-occupied pocket of Bracken Ridge, achieving a yield above 4% is a strong result, especially when combined with the suburb’s long-term capital growth prospects.

Why It Works

This purchase is a great example of:

  • Partnerships in action – Madd Loans supported the finance side, while we handled the search and negotiation.

  • Time-saving for busy professionals – freeing our clients from stress while still securing a premium property.

  • Local experience – knowing the street, suburb, and selling agents makes a measurable difference.

Another successful purchase, another couple on the way to building their property wealth. If you’re short on time but big on goals, let us do the hard work for you.

 
 

Ready to find your next property investment?

Contact our experts today to get started.

 
 
Maddyson Solano