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This article first appeared in the December 2015 | Issue 178 of Australian Property Investor

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Looking to create instant equity? Whether they’re flipping or holding and renting out, these keen renovators certainly know how to squeeze major profits out of tired properties. We reveal their secrets.

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Premium Content / December 2, 2015

$950,000 profit from affordable housing project

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Affordable housing guidelines helped this couple create nearly $950,000 profit. Has that got your attention?

Making money in small projects is not a cakewalk, but with tenacity and smarts, the payoff can be both substantial and, sometimes, beneficial to society.  So it is with 46-year-old Hitendra and 43-year-old Jyoti Jagdale. The couple now live in Northmead, New South Wales, but their journey from Mumbai to Sydney’s west was a trial unto itself.

This article covers in great detail the development project which yielded them a massive profit – and reveals the lessons they learned along the way.

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About Kieran Clair

Kieran Clair is the Editor of Australian Property Investor. He had almost 23 years experience as a registered property valuer, freelance writer and commentator before joining API in 2013. After three years as an award-winning journalist with the magazine, he was appointed Editor in 2016.