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 super cashflow properties in growth areas for easy hold and get some equity to buy another one in 3 years.
Location Highlights
Proximity to CBD and Airport: Approximately 19 km south-east of Melbourne's Central Business District. Shopping and Entertainment: Offers a variety of retail facilities, including two Coles stores in central areas and local shops on Cooke Street. Education Precincts: Home to reputable educational institutions, including Monash University and several primary and secondary schools.Parks and Recreation: Features numerous parks and recreational areas, providing ample green spaces for outdoor activities.Medical Facilities: Access to world-class health facilities, including nearby hospitals and medical clinics. Restaurants and Cafes: Offers a selection of dining options, including cafes and restaurants.Amenities: Includes community centres and various local services.Public Transport: Serviced by railway stations providing access to regular train services to Melbourne and surrounding areas.Vacancy Rate: Information not available.Supply and Demand: Median house price is $1,184,444, with 88 houses sold in the past 12 months; units have a median price of $750,400, with 215 sold in the same period. Infrastructure Spending: Ongoing developments in public transport and community facilities.Population Details: Population of 19,348, with a predominant age group of 20-29 years. Employment Hubs: Proximity to industrial areas and business centres provides employment opportunities.Recommended Due Diligence
Building & pest inspections, Title search, Flood, Bushfire, Easements, Soil type, Water & sewer, Stormwater, Rooming 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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