What’s Driving Growth in This Coastal Market?
Floor plans, furniture and fixtures, measurements, and dimensions are approximate and provided for illustrative purposes only.
A strong rental return is only part of the investment story.
The fundamentals surrounding a property matter just as much — population growth, employment, infrastructure investment and the amount of new housing required to accommodate future demand.
This opportunity brings those factors together, offering a 4-bedroom house and land package on a substantial 701 m² block, with an estimated $850 per week rental return and 5.1% rental yield.
Even better, the land is already registered, removing one of the common uncertainties associated with purchasing in a developing community.
A Region Growing in Size and Economic Strength
This coastal region continues to expand as more residents and businesses are attracted by its lifestyle, relative affordability and access to a major regional employment centre.
The local economy is valued at approximately $2.24 billion, supported by a diverse employment base spanning mining, construction, agriculture, healthcare, tourism, public administration and defence-related activity.
Population growth is another important part of the story. Longer-term projections indicate continued growth over the coming decades, increasing the need for additional housing, services and infrastructure.
As the population expands, thousands of additional residents will need somewhere to live — supporting the ongoing requirement for new housing.
Infrastructure Is Following the Growth
Importantly, investment isn't just being discussed — major projects are progressing.
A significant $300 million transport connection is planned across multiple stages to improve access between growing residential areas and key employment, commercial and tourism precincts.
Stage 1 secured $25 million in government funding, with construction commencing in June 2026. The broader project is also expected to help unlock more than 1,500 new residential lots.
And there has been another major boost.
In September 2026, more than $40.1 million in additional government funding was announced to support infrastructure across major residential growth projects in the region.
Importantly, $24.6 million is being directed towards infrastructure supporting this property's surrounding community, including critical roads, water, sewer, stormwater and utility infrastructure.
More Than Residential Growth
The region is also strengthening its employment and economic base.
Expansion of a major business and industry precinct is creating additional capacity for commercial and industrial activity, supporting local employment and further economic diversification.
Meanwhile, a nearby major Defence training precinct has undergone substantial expansion, supporting opportunities across logistics, maintenance, transport and associated industries.
Together, these investments are helping broaden the regional economy while supporting additional employment opportunities and future population growth.
Connected to Everyday Essentials
Despite its relaxed coastal setting, the property remains conveniently connected to everyday services, employment and transport:
• Approximately 5 minutes to the major town centre
• Approximately 25 minutes to a major regional employment centre
• Approximately 35 minutes to the regional airport
• Approximately 3 minutes to hospital services
• Approximately 5 minutes to multiple primary and secondary schools
• Approximately 1 minute to recreational facilities
This combination of lifestyle, services and employment accessibility supports the area's appeal to families and long-term tenants.
The Property
Purchase Price: $867,321
Property: House & Land – 4 Bed | 2 Bath | 2 Car
House Size: 199.3 m²
Land Size: 701 m²
Estimated Rent: $850 per week
Estimated Rental Yield: 5.1%
Land Registration: Registered
Estimated Completion: Q2 2027
Contract: Double Contract
For investors, this represents an opportunity to secure a new 4-bedroom home on a substantial registered block, with an attractive estimated rental return, while positioning within a growing coastal community benefiting from significant infrastructure investment.
Call us today to find out if this property fits your strategy.
This info is general and for illustrative purposes only. It doesn't take your personal financial situation into account and isn't intended as financial, legal, or tax advice. Any projections are just a guide based on third-party data. We always recommend checking in with your accountant or a licensed professional before making any investment moves.
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