Quoted at 5.5%, settled at 4.1%.
The rent was pitched at the top of the suburb's range — not benchmarked by a local agent who actually leases there. By settlement, the gap between projection and reality becomes your problem, not theirs.
Bolst Property Group builds investment-grade properties in Victoria & South Australian postcodes. You see the yield, the rent, and the final price before you sign. We deliver the build. You add the asset to your portfolio.
They were built to be sold. There's a difference — and your yield pays for it.
The rent was pitched at the top of the suburb's range — not benchmarked by a local agent who actually leases there. By settlement, the gap between projection and reality becomes your problem, not theirs.
You bought 45 minutes from infrastructure because that's where the builder had stock. Five-year capital growth in that postcode: 2.1%. The postcode 30 minutes closer did 7.4%.
You signed at $620k. Variations, escalations, and "unforeseen" site costs pushed it to $683k. The numbers that worked at $620k don't work at $683k — and now you own it.
Our build times are designed to get you to settlement faster, so rent flows sooner, holding costs stay lean, and your borrowing power stays strong for whatever comes next.
Fixed price. Realistic yields, benchmarked locally. Locations chosen on data, not stock. We build where the numbers actually stack — and we tell you upfront where they don't.
Bolst specialises in identifying markets where the investment fundamentals genuinely stack up — across Regional Victoria, Melbourne, and South Australia. Our house and land packages consistently deliver gross rental yields above standard market benchmarks, driven by tight rental conditions, diversified local economies, and sustained population growth in the corridors we build in.
We don't chase postcodes. We build where the data supports both yield today and capital growth tomorrow.
We also go further than the standard build. Dual-key, granny flats, and co-living homes form a significant part of our suite — high-yielding products engineered to push investors ahead of the pack, not just into the market.
We review your equity, your serviceability, and what you're actually trying to build. If the numbers don't stack for you, we tell you on the call — not after a deposit.
Most operators sell you what they have. We work out which builder has the best offer for your brief — across SA, Melbourne, and Regional VIC — then match you to the postcode and dwelling type that hits your yield target. You see the rent appraisal, comparable sales, and full build spec before you commit.
One number. No escalation clauses. No variation carve-outs. The price you sign is the price you settle. That's the whole point. (For special circumstances this can be reduced to 24 hours.)
The builder runs the build. We run the builder. Slab to handover, we hold them to the contract, the timeline, and the standard you signed up for. You get a tenanted property, a depreciation schedule, and a phone number that still answers after settlement.
Most operators sell you their builder. We find you the right one.
Low vacancy.
Above national average.
Funded, not promised.
Tied to infrastructure delivery.
Tom Bolst · Founder
The building industry has a few patterns that quietly cost clients money. Fixed pricing that moves. Cost escalations that appear once the slab's down. Communication that thins out at the exact moments an investor needs answers most. None of it is malicious. It's just how the industry has been built, and the investor is usually the one left absorbing the gap.
I spent years working inside that system and watching the same story play out. The deal that made sense at the kitchen table didn't always make sense by settlement. The yield was optimistic. The location was chosen for stock availability, not strategy. The build ran over, the costs ran over, and the investor wore it.
So I built Bolst around the two questions that actually matter: Does this property pay for itself from week one? Is it in a postcode that's going to grow?
If the answer to either is no, we don't sell it. If the answer is yes, we lock the price, benchmark the rent locally, and stay in the conversation from contract to keys. We work with a network of trusted builders and find the right one for each client, not the other way around. Fixed means fixed. Communication is a standard, not a favour. And when something needs sorting along the way, we sort it.
That's the job. The property you bought, delivered for the price we agreed, generating rent from week one.
Tom Bolst, Founder
| Typical builder | Bolst Property Group | |
|---|---|---|
| Yield projection | "Up to" range, or doesn't even provide one | Locked at contract with rent appraisal |
| Contract price | Estimate with escalation clauses | Locked. Final. |
| Build overruns | Investor pays | Bolst Property Group absorbs |
| Typical build time | 30 weeks | 24 weeks |
| Cashflow at settlement | "Should be neutral" | Calculated and shown before you sign |
| Depreciation schedule | You source it | Included |
| Sales process | Pressure to sign | Qualified in or out on the call |
Four properties in. This is the first build that ran exactly the way it was sold to me.
Gary, 55
4th investment property
Coldstream, VIC
Coldstream sits in the Yarra Valley growth corridor: close enough to Melbourne for commuter demand, far enough out for entry pricing that still makes the yield maths work. Gary's package was matched to the location, not the other way around. The price he signed at contract is the price he settled at. No escalations. No variations. The rent appraisal held, and the depreciation schedule delivered $18,426 in year one, straight back against his tax position.
The price we sign is the price you settle. If the build runs over, Bolst carries it, not you. No escalation clauses. No unexpected variations. No "unforeseen cost" exceptions appearing at month nine. Signed personally by Tom Bolst on every contract. The deal that stacked on the call is the deal that stacks at settlement.
Tom Bolst, Founder
15 minutes. No pitch. If the numbers don't stack for you, we'll tell you on the call.