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

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Morphett vale SA - RER Case Study