Promising Hammond Park


23rd January 2017
By Scott Pfeiffer
For affordability, proximity and good prospects it’s hard to go past this month’s featured property in the Perth suburb of Hammond Park.

For affordability, proximity and good prospects it’s hard to go past this month’s featured property in the Perth suburb of Hammond Park.

 

Only 20 minutes from Perth’s CBD and around 10 minutes to the beach, Hammond Park has many of the things we like when choosing places to invest in.  Primary schools are already operating and a high school is coming too. Transport links are also about to be improved with the new Aubin Grove train station less than 3km away due to open in April this year.  Both augur well for capital growth.

 

We also like the suburb because of its high percentage of owner-occupiers, 82.4% compared to the (still healthy) Perth average of 72.4%. Hammond Park is also growing much faster than most of Perth. Between 2011 and 2016, its population grew 69.4% as opposed to Perth’s 19.4% and between 2016 and 2021 it is projected to grow 51.5% as opposed to 10% in Perth. The residents of Hammond Park have a median income almost 50% higher than that of Perth as a whole, which enhances the potential for quality tenants.  (Source - ABS)

 

The house we have available is a three-bedroom two-bathroom, double garage home on a small maintenance friendly block.  It comes with a six star energy rating, six-year transferrable structural warranty and six-months of maintenance.  At $399,000, ready for tenants to move in, it’s a great opportunity to get into a Perth suburb with excellent long-term prospects.

 

Now is a particularly good time to purchase an investment property in Perth. If you’d like to learn more about why this is the case and also how to make property investment affordable, why not join us for our first information evening of the year at 5.45pm on Friday, 31 January.  

For more details and registration click here:  

 

<< Previous | Next >>