Property Details
Purchase Price: $972,000
Type: Dual Occupancy – 3+2 / 2+2 / 1+1
House Size: 221.92 m² ($559,000)
Land Size: 567.50 m² ($413,000)
Estimated Rent: $1,140 per week
Estimated Annual Income: ~$59,280
Land Registration: Registered
Estimated Completion: Q2 2026
Contract Type: Double Contract
Residential Vacancy Rate: 1.2%
Estate / Development Overview
Located in a thriving growth corridor, this estate is positioned just minutes from a key regional hub. The area is surrounded by new and established communities, abundant job opportunities, and expanding lifestyle amenities. With natural attractions, recreational destinations, and vibrant regional centres within easy reach, this location offers a balanced lifestyle that appeals to a wide tenant base.
Significant investment in new hospitals, road infrastructure, and upgraded facilities is enhancing the amenity profile of the region, supporting both livability and sustained demand for housing.
Location & Connectivity
(Approximate Travel Times & Distances)
Regional centre: ~5.1 km (~7 min drive)
Major city centre: ~37 km (~35 min drive)
Airport: ~38 km (~34 min drive)
Retail & Shopping
Local retail precinct — ~1.5 km (~2 min drive)
Supermarket — ~2 km (~3 min drive)
Major shopping centre — ~6 km (~7 min drive)
Medical & Health
Medical centre — ~2 km (~3 min drive)
Hospital — ~9 km (~15 min drive)
Education
Primary school — ~1 km (~3 min drive)
Secondary school — ~6 km (~12 min drive)
TAFE campus — ~9 km (~16 min drive)
Community & Recreation
Sports complex — ~1 km (~1 min drive)
Community hub — ~2 km (~2 min drive)
Parks & green space — within 2–3 km (~5 min drive)
Walk Score: 2/100 — car-dependent location, but daily essentials are only a short drive away.
Regional Growth Drivers
Economy: Gross Regional Product exceeding $20 billion, supported by health, education, manufacturing, logistics, and agribusiness.
Jobs: Over 120,000 positions across healthcare, construction, retail, and professional services.
Population: Forecast to grow steadily toward 500,000+ by 2041, driven by migration and affordability pressures.
Vacancy Rate: Currently at just 1.2%, underscoring strong rental demand.
Infrastructure Investment:
Multi-billion-dollar transport and road upgrades improving connectivity.
Health facilities expansion, including a recently completed new hospital and planned capacity upgrades.
Education and training hubs supporting workforce development.
Renewable energy and industrial projects creating long-term employment opportunities.
Why This Opportunity Stands Out
Maximise rental potential – Dual occupancy setup provides multiple income streams from a single investment.
Ready for growth – Registered land with construction already scheduled ensures certainty and a clear timeline.
High tenant demand – Extremely low vacancy rate of 1.2% highlights a strong, competitive rental market.
Strategically located – Situated in a thriving growth corridor with expanding amenities and lifestyle appeal.
Future-proof investment – Supported by ongoing infrastructure projects, job creation, and population expansion, driving long-term capital growth.
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