Real Estate Flipping Case Study: Upper Ferntree Gully VIC

Our Top 3 Learnings:

  • Make sure that you allocate time to keep working on finding your next deal.
  • Work on building a really strong team around you that you can take to each reno in the future.
  • Commit to being tenacious! It is the commitment that will keep you going when things don’t go to plan.

Before

Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping front yard before
Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping kitchen before Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping back yard before
Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping porch before Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping living room before Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping bathroom before

After

Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping front yard after
Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping backyard after Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping living space after
Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping porch after Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping bathroom after
Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping bedroom after Kelly & Jasmin’s Upper Ferntree Gully Real estate flipping master bedroom after

Flipping property cost

How much does it cost to flip a house?

How much does it cost to flip a house
Expenses Cost
Purchase price $585,000
Buying costs $30,900
Renovating cost $47,820
Holding costs $14,200
Selling price $20,680
Resale price $725,000
Profit $26,400

OTHER HOUSE FLIPPING PROFIT MARGIN USE CASES:
Aldinga beach | Morphett vale | Beldon

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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Cost To Flip A House Case Study - Morphett Value