Burrum
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Schools · zoning · transport · traffic · noise · flood · bushfire · crime · development · heritage
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About this property
Dual-key Homes meet the living needs of a changing market and deliver higher yields to investors. Our latest Dual-key Home in Burrum Heads is great value for money at under $1m. Increasingly rare across greater SEQ and coastal areas. 3+2 Dual-key Home | 227 sqm 678 sqm Land Full turnkey ready for living Fixed price inclusions Over 5.51% Yield Located for easy living with easy access to everything. Direct access to beaches, fishing and boating on the Burrum River Direct access to Local conveniences 25 minutes to Hervey Bay 25 minutes to Hospitals, Schools and Major retail Smart design for easy living with spacious indoor and outdoor space plus storage and designer finishes and inclusions that create a true sense of home. 3 Bed + 2 Bed Dual-key Home Ceasarstone Benchtops to kitchen Fixed site costs with complete driveway and landscaping inclusions Upgraded inclusions Investor Benefits Optimised for New Tax Laws New Dwelling = Choice of 50% CGT discount Negative gearing benefits available Bigger depreciation schedule and tax claim High Demand Dual-key Homes provide tenants with a right-sized home that meets their needs at a competitive rental price. Vacancy rates across all markets are at record lows and the affordability benefits delivered with Dual-key Homes ensures these homes will be highly sought after. Sticky Tenants Finding an affordable living options is far from easy in today's market. The affordability advantages of Dual-key Homes will result in tenants staying longer which means no income gaps, lower management costs and less wear and tear on the home. High Yield Typical yields in the Burrum Heads area for 4-bedroom homes is around 3.9%. In-demand Dual-key Homes deliver more yield and higher investment returns. Estimated Rental = $1060 pw | 5.51% Yield Unit 1 | 3 Bed Home = $520 - $540 per week Unit 2 | 2 Bed Home = $500 - $520 per week Achieve More with Dual-Key Homes investment that delivers 1.61% more rental yield. Market Conditions Investors looking for the right combination of yield and growth will find Hervey Bay and Burrum Heads, an investment destination that ticks both boxes. Rental Vacancy Rates 3% Rental Growth 5% Median House Price Growth - Last quarter 3.2% - 1 Year 12% - 2 Years 11% This is a confident market with quality homes selling quickly and with very little price discounting. Tight coastal supply supports long-term capital growth. Burrum Heads receives strong demand from retirees and lifestyle driven buyers, reducing vacancy risk. Its proximity to Hervey Bay creates spillover demand into Burrum Heads to meet affordability pressures. The demand v supply balance works in the investors favour in Burrum Heads. Wait and Watch or Get Involved Now With land and build prices continuing to rise and the continued shortage of new land releases, time delivers nothing but higher prices. Astute investors are confidently moving to secure new homes at current pricing. Why wait and pay more. Costs are not coming down, the market imbalance of supply and demand across prime locations will see property prices continue to rise. Why wait to pay more. Contact the Meridien Invest team today and make your next investment move with confidence. How to Proceed 1. The EOI Form This is like a 'contract order'. We get full buyer details, photo ID, conveyancing service, broker/lender details that are needed to create contracts. 2. Initial Deposit Once the initial deposit is paid, the property is off the market for you. The initial deposit is refundable if the contract does not proceed. 3. Contracts Issued We co-ordinate everything for you and ensure that the contract details are all correct when issued. Need to Know More Contact Emma or Sam, the Meridien Invest Dual-key Homes specialists and learn more about how you can achieve more from your investment program.
Property Features
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 3
- Parking
- 2
- Land Area
- 678m²
- Listed
- 3 days ago
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