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Suitable for following Buyer Brief
Strategy Type: Buy & Hold
Investment Hold Period: Minimum 5 years
End Goal: Passive Income + Wealth Building
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
- Approx ~7 km north of the main city centre – about a 7–10 min drive or ~15–20 min bus ride into the CBD.
- Around ~14 km from the nearest domestic airport (regional airport).
- Well‑served by local bus routes into the city centre.
Market Snapshot
- Demand > Supply
- Extremely low vacancy rate
- Low construction in pipeline
- Both capital and rental growth expectec
Demographics
- Population ~1.5 k residents, growing modestly.
- Mixed households including renters and first‑home buyers, median age mid‑30s.
Education
- Close proximity to major tertiary campuses in neighbouring suburbs – including a large university campus and maritime college just across the road.
- Local primary schooling nearby.
Shopping & Amenities
- Easy access to retail and entertainment in adjacent suburbs and the nearby city centre – major shopping streets, malls and markets a short drive away.
- Local shops and services within a short drive.
Parks & Recreation
- Part of a region with extensive parks and recreational spaces managed by the city, with many green spaces and playgrounds within easy reach.
Healthcare
- Major public hospital and specialist health facilities located in the broader city region.
Transport & Connectivity
- Close to major road links connecting to the broader regional network.
- Reliable public bus services into the city.
Nearby Employment & Hubs
- Proximity to education precincts and city centre boosts potential tenant demand.
- Service‑industry and city jobs accessible within a short commute.
Lifestyle & Appeal
- Suburban character with quiet streets and proximity to larger employment and activity nodes.
- Attracts a diverse cohort including students, renters, professionals and families.
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.