Case Studies
Australia-wide property investment examplesDiscover
The following properties are real-world examples of house and land packages sourced by Paul Merritt in high-growth markets across Australia. These examples showcase Paul’s expertise sourcing properties in areas with secure and attractive rental yields and long-term investment performance.


Eglinton, Perth
This dual key home in Perth’s northern coastal suburbs was purchased in 2023 for $719k. Today, its value has climbed 46% to more than $1m.
Purchase Price: $719,990 (Dual Key – May 2023)
Current value: $1,050,000 (High confidence, realestate.com.au, March 2026)
Rent Appraisal: $995 per week (Ray White Real Estate, March 2023)
Rental Yield: 7.2%
%
Return on investment

munno para, adelaide
This Adelaide home was purchased off plan in 2022 for $532k. Today, its value has jumped more than 50% with an impressive 5.9% rental yield.
Purchase Price: $532,210 (Off the plan – June 2022)
Current value: $799,000 (High confidence, realestate.com.au, March 2026)
Rent Appraisal: $605 per week (average) (Silvertail Real Estate, April 2026)
Rental Yield: 5.9%
%
Return on investment

Logan Reserve, Brisbane
This duplex was purchased off plan in 2021 for $814k. Today, comparable properties in the same estate are realising returns in excess of $1.4m.
Purchase Price: $814,990 (2021)
Comparable Price Increase: $1,466,000 (Price Finder July 2025)
Weekly Rent: $520 per duplex side
Rental Yield: 6.6%
%
Return on investment

Banya, Sunshine Coast
This home on Queensland’s Sunshine Coast has jumped 40% in value since being purchased off plan in 2022.
Purchase Price: $686,120 (Off the Plan – March 2022)
Current Value: $961,000 (High confidence, realestate.com.au, February 2026)
Rent Estimate: $770 per week (High confidence, realestate.com.au, March 2026)
Rental Yield: 5.8%
%
Return on investment

Ferryden Park, Adelaide
Located in Adelaide’s northwestern suburbs, this property’s value has increased by 14% since it was purchased in 2022.
Purchase Price: $546,500 (Single Contract; Off the Plan – April 2022)
Current Value: $626,000 (High confidence, realestate.com.au, February 2026)
Rent Estimate: $665 per week (Median confidence, realestate.com.au, March 2026)
Rental Yield: 6.3%
%
Return on investment

Blacks Beach, Mackay
Purchased in November 2024, this Mackay home has already increased in value by over 10% and offers a strong 6.4% rental yield.
Purchase Price: $631,000 (Off the Plan – November 2024)
Current Value: $708,000 (High confidence, realestate.com.au, February 2026)
Rent Estimate: $775 per week (High confidence, realestate.com.au, March 2026)
Rental Yield: 6.4%
%
Return on investment

Zuccoli, Darwin
Sold off plan in November 2024, this Top End home has already jumped 32% in value.
Purchase Price: $460,500 (Off the Plan – November 2024)
Current Value: $675,000 (Median House Price, realestate.com.au, March 2026)
Rent Estimate: $725 per week (High confidence, realestate.com.au, March 2026)
Rental Yield: 8.2%
%
Return on investment

Westbrook, Toowoomba
This Darling Downs home has shot up more than 36% in value since being purchased off plan in March 2024.
Purchase Price: $563,645 (Off the Plan – March 2024)
Current Value: $885,000 (High confidence, realestate.com.au, February 2026)
Rent Estimate: $680 per week (High confidence, realestate.com.au, March 2026)
Rental Yield: 6.3%
%
Return on investment

Burdell, Townsville
This North Queensland home has shown an impressive return on investment since being purchased in late 2021 and now offers an amazing 7.37% rental yield.
Purchase Price: $458,784 (December 2021)
Current Value: $770,00 (Price Finder, High Confidence, January 2026)
Rent: $650 per week
Rental Yield: 7.37%
%
Return on investment

Bohle Plains, Townsville
Sold off plan in late 2021, this North Queensland home has already jumped 28% in value.
Purchase Price: $457,873 (Sold off the Plan – September 2021)
Current Value: $632,500 (Median House Price – Bohle Plains, Price Finder, July 2025)
%
Return on investment

Yanchep, Perth
Sold just 18 months after purchase, this Perth home increased in value by more 37%.
Purchase price: $485,150 (Off the plan – January 2023)
Sale price: $655,000 (November 2024)
Return on investment

Yarrabilba, Brisbane
Construction was completed on this property at Yarrabilba, south of Brisbane, in November 2023, and in just 18 months, its value has soared by 57%.
Purchase Price: $449,980
EOl Secured: February 2022 (Land off the Plan)
Construction Completed: November 2023
Median sale price Yarrabilba: $705,000 (PriceFinder July 2025)
Rental Secured: $540 per week
Rental Yield: 6.2%
%
Return on investment

Elizabeth Park, Adelaide
We sourced this property in Elizabeth Park, Adelaide, in 2022; since then, its value has improved by more than 67%.
Sold (Off The Plan): April 2022
Package Price: $373,100
Current Rent: $530 Per Week
Rental Yield: 7.4%
Current Value: $625,000 (Core Logic High Confidence Average July 2025)
%
Return on investment

Werribee, Melbourne
Sold just 18 months after purchase, this Victorian home increased in value by 42%.
Purchase Price: $350,000 (Off the Plan – October 2017)
Sale Price: $499,500 (March 2019)
Return on investment

Griffin, Brisbane
This Brisbane home was re-listed and sold quickly for a $45,000 gross profit.
Purchase Price: $650,000 (Single Contract – January 2022)
Sale Price: $695,000 (March 2024)
Return on investment

Redbank Plains, Brisbane
With a whopping 7.6% rental yield, this Brisbane property’s value has jumped more than 121% in the past decade.
Purchase Price: $330,000 (2014)
Today: $730,000 (Price Finder High Confidence July 2025)
Rent today: $485 per week
Rental Yield: 7.6%
%
Return on investment

Northgate, Brisbane
The value of this impressive home on the northside of Brisbane has exploded since it was purchased in 2016.
Purchase Price: $660,000 (Off the Plan – December 2016)
Current Value: $1,300,000 (Price Finder, High Confidence, July 2025)
Rent: $800 per week
Rental Yield: 6.3%
%
Return on investment

Julago, Townsville
This Townsville home was sold with a great result of $70,000 gross profit.
Purchase Price: $510,275 (Off the Plan – November 2021)
Sale Price: $581,000 (August 2024)