Perth Prospects for Investors


10th June 2016
By Scott Pfeiffer
In our last email, we talked of how Perth is at the ideal place in the property cycle for investment. This time, we have some recommendations of exactly where to take advantage of this capital city market that’s about to grow.

In our last email, we talked of how Perth is at the ideal place in the property cycle for investment. This time, we have some recommendations of exactly where to take advantage of this capital city market that’s about to grow. 

Like other capital cities, Perth is at risk of an inner-city apartment glut, so we think the best deals are to be found in family sized homes located in master-planned communities in the suburbs of Perth. 

1. St Leonards Estate (Dayton)
This estate is an excellent example. Only 20 minutes by freeway to the CBD, St Leonards is even closer to the wineries, restaurants and nature of the Swan Valley, while the shops and rail at Midland and Bassendean respectively are ten minutes away. Because it’s a master-planned community, there are nearby schools, cycling and walking paths, and a great community atmosphere. 

We have a 4 bedroom, 2 bathroom, double garage house and land package for $406,000. The developers are keen to maintain their turnover, and the builders need to keep building. This means there’s a land saving of $12,000 and a building saving of $12,000. With a valuation of $430,000, this is a great way to get ahead early with your investment. 

2. Eden Beach Estate (Jindalee)
For investors who believe in the lifestyle attractions of living near the beach, Eden Beach Estate in the northern Perth suburb of Jindalee is an excellent opportunity. It’s a master-planned community, with an easy walk to the beach. The extended railway is 5 minutes away at Butler, which has a range of schools, while Brighton Shopping Centre with a Coles is just down the road. 

We have a house and land package with a valuation of $434,500 available for $412,476. Again it’s the 4 bedroom, 2 bathroom, double garage configuration that is very popular with tenants. The savings on this property are $8,000 on the land and $12,999 on the building. 

3. Brighton Estate (Butler)
For those seeking a slightly smaller investment outlay, Brighton Estate, also in the Butler area, offers walking distance to the beach, easy access to schools and transport, rapidly developing infrastructure and a community oriented master-planned estate. 

We have a house and land package available for $380,475 on a smaller low maintenance block. The property is valued at $395,000 and the current savings are $7,000 on the land and again $12,000 on the building. 

4. Darch (Wanneroo)
If you don’t want to wait for a house to be built, we have a recently completed house available in the northern suburb of Darch. It’s a great location, 25km from the CBD, close to transport links and surrounded by schools and shops. 

This 3 bedroom, 2 bathroom, double garage home is currently rented for $375 per week and is selling for $465,000

These are all great opportunities for people to diversify their investment portfolios and buy into Perth before the market gets going again.  

 

Contact Scott on 02 49408042 or scott@pfeifferproperty.com.au to secure your investment property.

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