House & land for $280K under the local median price?
- By Peter Gordon
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- 08 Jul, 2019
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Local Infrastructure Projects
The $530m Tweed Valley Hospital will soon commence construction in Kingscliff. This game-changing project will create thousands of well paid local jobs and act as a magnet for retiring baby boomers wanting a sea change.
The Gold Coast Airport, just 20 minutes drive away, is currently operating at capacity and is about to undergo a massive $360m expansion. At the same time, a $50m Rydges Hotel is soon to commence construction at the airport. By 2030 the Gold Coast Airport is expected to be home to over 20,000 full-time jobs.
Byron Bay is a similar coastal village just to the south of Kingscliff in the Northern Rivers region. It recently took the mantle as Australia's most expensive housing market. Its property prices have consistently grown at well above national averages for decades. This trend of high growth looks set to continue due.
Nothing affects property prices more than supply and demand. Land supply in Kingscliff and surrounding suburbs is incredibly tight. Demand is already huge.Once you add thousands of new highly paid jobs on its doorstep demand will only increase
Land - 480sqm - $367,000
Build - 210sqm - $342,300
4 bed, 2 bath, 2 living, 2 car
Land registration Stage 1A: Feb-Mar 2020
Land - 480sqm - $367,000
Build - 214sqm - $348,820
4 bed, 2 bath, 2 living, Butler's Pantry, 2 car
Land registration Stage 1A: Feb-Mar 2020
Land - 480sqm - $367,000
Build - 210sqm - $342,300
4 bed, 2 bath, 2 living, 2 car
Land registration Stage 1A: Feb-Mar 2020
Rental Appraisal: estimated between $700 - $750 per week
These homes will be fully turnkey and will have inclusions such as an attractive facade, 2.7m square set ceilings, stone benchtops, 900mm stainless steel appliances, 600x600 porcelain tiles, floor to ceiling tiles in bathroom, split system air-con to master and living, ceiling fans, LED downlights, roller blockout blinds, water connection to fridge, quality landscaping and more.
If you'd like to find out more about these opportunitie please contact the Investo Team
| Quiet simply, the Palms is the place to buy! |
Sydneysiders and Melburnians, put aside your equally outstanding flat whites for a moment. Stop bickering about whether great beaches beat cool laneways (they do) and desist from debating whether all baristas require waxed moustaches (ideally).
Because Brisbane is closing in on the title of Australia’s best city, and we must join forces to keep this subtropical upstart in its place.
Time magazine recently named Brisvegas on its “World’s Greatest Places” list, and omitted our cities. It’s a huge shock (and who knew they still published Time magazine?). But they might be onto something.
Time points to the 2032 Olympic and Paralympic Games, which will be hosted in the maroon metropolis. Brisbane will do a fine job, even though it’ll baffle the world when rugby league is added to the schedule and Queensland is allowed to field its own team.
Time’s most radical claim is that Brisbane is worth visiting now, but tourism is surging. Not only did Lin-Manuel Miranda recently drop in to catch Hamilton , but hundreds of Hamilfans flew up to watch his interview with Leigh Sales (presumably unaware that it would subsequently arrive on iView for free).
A leading local agent has appraised each side of these duplex's to be worth $665k on completion and rent for $495 per week. So that is massive potentail instant equity of up to $390K on completion, which is incredibly hard to find.