Runcorn QLD: the “scary” property every other buyer walked past

The brief

A local first home buyer who works in the same office space as our team. He chose to keep his deposit lean and buy sooner rather than save for years, and engaged us to make that one shot count.

The purchase

Within 7 days we had shortlisted suburbs and property styles, and found this Runcorn property. At inspection the client was spooked by the work it needed: painting, carpets, the usual tired-presentation list. Having been through multiple renovations ourselves, we could separate cosmetic from structural and ease his nerves. We moved hard and fast, secured it for $520,000, and negotiated a further $5,000 off after building and pest.

Where it stands now

Purchased for $520,000 in 2024. Similar properties in the complex and surrounds have since sold for $720,000 plus. The scary-looking property, properly vetted, was the bargain everyone else walked past.

This is an actual client purchase completed by Invision Property. Comparable sales reflect market activity at the stated time and are not a prediction or guarantee of future performance. General information only, not financial advice.