Case Study 4: Warrane
Case Study 4: Warrane
Case Study 4: Warrane
Bought under median, renovated once, and $150,000 of equity created before a single guest arrived.
Bought under median, renovated once, and $150,000 of equity created before a single guest arrived.
The Renovation Play
The Renovation Play
The Renovation Play
Quick Numbers
Quick Numbers
Quick Numbers
We paid
$450,000
Valued at
$670,000
Renovation
$70,000
All in
$520,000
Equity created
+$150,000
Net yield
8%
The Buy
The Buy
The Buy
Warrane sits ten minutes from Hobart Airport and seven from the CBD, with neighbouring suburb medians running around $1 million. The location was doing a lot of the work before we started. We bought at $450,000, under the suburb median. That entry price is what makes everything after it possible, and it is the only part of the deal fully within our control.
Warrane sits ten minutes from Hobart Airport and seven from the CBD, with neighbouring suburb medians running around $1 million. The location was doing a lot of the work before we started. We bought at $450,000, under the suburb median. That entry price is what makes everything after it possible, and it is the only part of the deal fully within our control.
Warrane sits ten minutes from Hobart Airport and seven from the CBD, with neighbouring suburb medians running around $1 million. The location was doing a lot of the work before we started. We bought at $450,000, under the suburb median. That entry price is what makes everything after it possible, and it is the only part of the deal fully within our control.
The Operations
The Operations
The Operations
We invested $70,000 in a complete cosmetic renovation. A full uplift inside and out, nothing structural. Every renovation we run carries two agendas: lift the property in the eyes of the lender, and lift it in the eyes of the short-stay market. This one did both. Three months from purchase, the house was renovated, furnished and live on Airbnb.
We invested $70,000 in a complete cosmetic renovation. A full uplift inside and out, nothing structural. Every renovation we run carries two agendas: lift the property in the eyes of the lender, and lift it in the eyes of the short-stay market. This one did both. Three months from purchase, the house was renovated, furnished and live on Airbnb.
We invested $70,000 in a complete cosmetic renovation. A full uplift inside and out, nothing structural. Every renovation we run carries two agendas: lift the property in the eyes of the lender, and lift it in the eyes of the short-stay market. This one did both. Three months from purchase, the house was renovated, furnished and live on Airbnb.
The Value Add
The Value Add
The Value Add
On completion the valuation came in at $670,000 against a total spend of $520,000. That is $150,000 of equity created on day one, a 28.8% gain on total invested and a 48.9% uplift on the purchase price. The property runs at 90% occupancy and returns 8% net.
On completion the valuation came in at $670,000 against a total spend of $520,000. That is $150,000 of equity created on day one, a 28.8% gain on total invested and a 48.9% uplift on the purchase price. The property runs at 90% occupancy and returns 8% net.
On completion the valuation came in at $670,000 against a total spend of $520,000. That is $150,000 of equity created on day one, a 28.8% gain on total invested and a 48.9% uplift on the purchase price. The property runs at 90% occupancy and returns 8% net.
Check the property out on:
Check the property out on:
Check the property out on:
Bought right, renovated once, then set and forget.
Bought right, renovated once, then set and forget.
3 Simple Steps to Build Your High-Yield Portfolio
3 Simple Steps to Build Your High-Yield Portfolio
Schedule a Discovery Call
Schedule a Discovery Call
Schedule a Discovery Call
Schedule a Discovery Call
Book a one-on-one call to discuss your property investment goals directly with an expert advisor.
Book a one-on-one call to discuss your property investment goals directly with an expert advisor.
Book a one-on-one call to discuss your property investment goals directly with an expert advisor.
Property Strategy & Acquisition
Property Strategy & Acquisition
Property Strategy & Acquisition
Property Strategy & Acquisition
Upon onboarding, we leverage data and off-market networks to source and negotiate high-yielding properties tailored to your budget.
Upon onboarding, we leverage data and off-market networks to source and negotiate high-yielding properties tailored to your budget.
Upon onboarding, we leverage data and off-market networks to source and negotiate high-yielding properties tailored to your budget.
Setup & Management Delivery
Setup & Management Delivery
Setup & Management Delivery
Setup & Management Delivery
After settlement, we fully furnish, set up, and launch your property onto management systems to optimize your ongoing rental yields.
After settlement, we fully furnish, set up, and launch your property onto management systems to optimize your ongoing rental yields.
After settlement, we fully furnish, set up, and launch your property onto management systems to optimize your ongoing rental yields.
Tune Into Our Podcast
Tune Into Our Podcast
Tune Into Our Podcast
Learn how we analyze markets, source off-market gems, and build short-term rental wealth. Our podcast breaks down real-world data and investor case studies to give you actionable strategies to scale your portfolio.
Learn how we analyze markets, source off-market gems, and build short-term rental wealth. Our podcast breaks down real-world data and investor case studies to give you actionable strategies to scale your portfolio.
Learn how we analyze markets, source off-market gems, and build short-term rental wealth. Our podcast breaks down real-world data and investor case studies to give you actionable strategies to scale your portfolio.
Frequently Asked Questions
Frequently Asked Questions
Frequently Asked Questions
Get answers to common questions about our Hobart Cleaning Services
Get answers to common questions about our Hobart Cleaning Services
What are the advantages of hiring a buyer’s agent when purchasing a property?
Are buyer’s agent fees tax-deductible?
How do I know if a buyer’s agent is truly working in my best interest and not just pushing properties to make a sale?
What specific strategies do you use to ensure I am getting the best possible deal on an investment property?
If I am unhappy with the selection of properties provided, what steps will the buyer’s agent take to address my concerns and find suitable options?
Start Your Investment Journey
Ready to explore your next property opportunity? Complete the form below and our team will be in touch to discuss the best strategy for your goals and investment budget.
© 2026 JASPER ADVOCACY. ALL RIGHTS RESERVED
Start Your Investment Journey
Ready to explore your next property opportunity? Complete the form below and our team will be in touch to discuss the best strategy for your goals and investment budget.
© 2026 JASPER ADVOCACY. ALL RIGHTS RESERVED
Start Your Investment Journey
Ready to explore your next property opportunity? Complete the form below and our team will be in touch to discuss the best strategy for your goals and investment budget.
© 2026 JASPER ADVOCACY. ALL RIGHTS RESERVED