Real Estate Flipping Case Study: Morphett Vale SA

Our Top 3 Learnings:

  • Always follow up with the real estate agents.
  • Work out your maximum purchase price and go in lower to start with.
  • It’s a great heads up if you are an area expert.
Peter and Tony’s Morphett Vale Property Flipping front yard
Peter and Tony’s Morphett Vale Property Flipping bathroom before Peter and Tony’s Morphett Vale Property Flipping living room before
Peter and Tony’s Morphett Vale Property Flipping kitchen before Peter and Tony’s Morphett Vale Property Flipping bedroom before
Peter and Tony’s Morphett Vale Property Flipping kitchen before Peter and Tony’s Morphett Vale Property Flipping room before

Cost Associated With Flipping A House

Cost to flip a house
Expenses Cost
Purchase price $250,000
Expenses/Renovation $40,000
Purchase costs $10,000
Strategy – flip anticipated resale price $340,000-$350,000
Resale costs $8,000
Profit $30,000-$40,000

OTHER HOUSE FLIPPING PROFIT MARGIN USE CASES:
Aldinga beach | Beldon | Upper ferntree gully

Property Developer's Guide to Success

Property Secrets of the 2%

Our Happy Clients

  • Michelle Kennedy

    ""Dominique is authentic, integral, switched-on. She's amazing, she's got charisma.""

    Michelle Kennedy,

  • Ian & Melinda Coward

    "Well, we moved over from England about 12 months ago, so we needed something to do. My husband's a fabulous builder and shop fitter and property developer and so we thought, "Let's not get a normal job and the mortgage..."

    Ian & Melinda Coward,

  • Tejas O'Keefe

    "Well, I've done investing before but I've always felt like I was missing a key ingredient, which I now know I have been missing a key ingredient. Just trying to buy really well but without this kind of information has been very trying and difficult..."

    Tejas O'Keefe,

  • Nawras Alali

    "I spent almost 10 years doing aged care, so working for aged care, owner of one of the aged care overseas. And then before this, I came to Australia and I thought to do something with real estate development, renovation."

    Nawras Alali,

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Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping house deal