Surrounding Environment: This property is ideally positioned. Just 25 minutes from the state capital CBD, 15 minutes from a major economic hub, and 1.2km from the Train Station. It is in a great community area, in a desirable cul-de-sac with strong road and rail links, and close to major shopping precincts, private schools, and parks.
Economic Drivers:This particular suburb is one of the best buying opportunities in the country. It is radically underprices, based on the surrounding market, and the fundamental characteristics of growth and location.
The are multiple key drivers in the area including major private and public infrastructure projects, and proximity to major economic hubs which are currently in the throes of a huge jobs growth surge. This, coupled with its very close proximity to the state capital, is tightening the vacancy rate in the region. There is extremely low supply risk to to only infill development availability. This causing a massive restriction on vacancy rates.
All of these factors combine to present a projected growth of around 8.1% in the first year, and 19.4% in the first 24 months
Who this would suit: Investors at any level