Renovate, Detonate or Subdivide (1,012m2)

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

• Proximity to CBD and Airport: Darra is situated approximately 18.5 km southwest of Brisbane CBD, offering convenient access to the city's amenities. The suburb is well-connected via the Ipswich Motorway (M7) and Centenary Motorway (M5).
• Shopping and Entertainment: Darra features a variety of local shops, including those along Darra Station Road, catering to daily needs. For more extensive shopping and entertainment options, residents can access nearby precincts in surrounding suburbs.
• Educational Precincts: The suburb is home to Darra State School, a government primary school, and Our Lady of the Sacred Heart Catholic Primary School, providing education from Preparatory to Year 6. Secondary education options are available in neighboring areas.
• Parks and Recreation: Darra boasts 13 parks covering nearly 11.3% of its total area, offering residents ample green spaces for outdoor activities.
• Healthcare Facilities: While specific healthcare facilities within Darra are limited, residents can access medical services in nearby suburbs, ensuring essential health services are available.
• Restaurants and Cafes: The suburb offers a selection of dining options, including local eateries and cafes, particularly along Darra Station Road, providing diverse culinary experiences.
• Amenities: Darra provides essential amenities, including public libraries, community centers, and places of worship, contributing to a well-rounded suburban lifestyle.
• Public Transport: Darra railway station offers regular Queensland Rail City network services to Brisbane CBD, Ipswich, Rosewood, and Springfield. The suburb is also serviced by bus routes connecting to surrounding areas, and major motorways facilitate easy commuting by car.
• Vacancy Rate: Approximately 44.7% of homes in Darra are rented, indicating a significant rental market.
• Supply and Demand: The median property price for houses in Darra is currently $726,000, with an annual capital growth of 20.80%. There were 51 house sales in the past 12 months, and on average, houses spend 18 days on the market, reflecting a relatively brisk property turnover.
• Population Details: Darra has experienced population growth, increasing from 3,838 in 2011 to 4,350 in 2016, showing a growth of 13.3%. The predominant age group is 20-29 years, indicating a youthful demographic.
• Employment Hubs: Employment opportunities within Darra are complemented by its proximity to industrial and commercial areas in the Brisbane region, providing residents with a range of job prospects across various sectors.

‍

Building & pest inspections, Title search, Flood, Bushfire, Easements, Soil type, Water & sewer, Stormwater, Subdivision 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.