This property or other similar established properties can be acquired by our Inner Circle membership. This property may be available or it may have been acquired by our client. Submit an enquiry to learn more.
Suitable for following Buyer Brief
Strategy Type: Buy & Hold
Investment Hold Period: Minimum 5 years
End Goal: Passive Income + Wealth Building + Tax Savings
Active or Passive Investing: Passive with minimum maintenance and ongoing involvement
Acquisition Objective: Accumulate self sustaining properties in growth areas for easy hold and get some equity to buy another one in 2 years.
Location Highlights
This suburb offers a blend of suburban tranquility with convenient access to amenities, making it an attractive option for property investors.
- Proximity to Major Centers: Approximately 8 kilometers northeast of a significant regional center, providing easy access to urban amenities.
- Shopping and Entertainment: Nearby areas feature major supermarkets and shopping centers, ensuring residents have convenient access to retail and entertainment options.
- Educational Institutions: The suburb and its surroundings host several schools, including public, Catholic, and Anglican institutions, catering to diverse educational needs.
- Healthcare Facilities: A public hospital and a private hospital are located in the suburb's southern area, offering comprehensive medical services to residents.
- Recreational Spaces: The suburb boasts several parks and a sporting complex, providing ample opportunities for outdoor activities and community events.
- Transportation: Proximity to the M1 Motorway facilitates manageable commuting to major cities, enhancing the suburb's connectivity.
- Demographics: As of the 2016 census, the population was 5,225, with a median age of 36, indicating a relatively young community.
- Property Market: The median property price for houses is approximately $890,000, with an annual capital growth of 4.09%. Rental yields are also strong, with median rents around $680 per week.
This suburb's combination of modern amenities, educational facilities, healthcare services, and strategic location makes it a compelling consideration for property investment.
Recommended Due Diligence
Building & pest inspections, Title search, Flood, Bushfire, Easements, Soil type, Water & sewer, Stormwater, Dual Key compliance, Supply Demand stats review, Vacancy rates stats review, Contract review, Tenant agreement review.
Our Inner Circle membership includes Due Diligence, Search, Data Research, Strategy forming, and End to End Support.
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