Purchase Price
Target Sale
Tracking Profit
Funding
This Bendigo renovation project was purchased for $380,000 with a target resale price of around $600,000.
The project was funded with the support of a money partner, allowing us to move quickly, secure the deal, complete the renovation, and bring the property back to market.
The strategy was to buy well, renovate with discipline, and resell into a market where affordable homes still had buyer and investor demand.
| Item | Result |
|---|---|
| Purchase Price | $380,000 |
| Target Sale Price | Around $600,000 |
| Tracking Profit | $50,000+ |
| Strategy | Buy, renovate, sell |
| Funding | Money partner funded deal |
Subdivisible block, tired house, regional opportunity — we’ll run the numbers.
Before taking on the project, we reviewed key market indicators including demand, supply, vacancy, rental yield, online search interest, vendor discounting and resale timing.
The data showed that the market was not a simple “easy flip” market. The renovation had to be controlled, practical and targeted. That is why the buy price, renovation budget and resale plan were critical.
The Bendigo Renovation Project is an example of our property flipping strategy in regional Victoria: buy well, use smart funding, renovate for the target market, and exit with a clear profit margin.
