FORWARD THINKING
Invst Australia helping to put the property puzzle together.
Regional towns performing well. Drouin: Median price $355,000, Annual capital growth 4.97%, Number of sales 277, Weekly median advertised rent $315. Over the last 12 months investment property in Drouin has done well for investors when compared to the country as a whole, with an increase in the median house price of 10.94%. Comparing its long term performance over a 5 year period as compared to the quarterly gain, the short term has done better for investors. In the last year 277 properties changed hands in Drouin, which puts it among the more active markets in VIC when comparing the number of sales per suburb. A $315 per week rent on the median house gives suburb investors a gross yield of circa 4.61%, without taking into account capital value appreciation, which has been averaging out at 4.97%.
Warragul: Median price $345,000, Annual capital growth 4.28%, Number of sales 394, Weekly median advertised rent $315. This rapidly growing, masterplan community comprises 1,250 diverse-sized lots as well as 25ha. of parks, waterways and open space and all connected by tree lined boulevards and a network of shared pathways that link to the renowned Two Towns Trail. Waterford Rise is the standout estate in the region with median sales rate at similar levels to Melbourne Metro and among the highest in Regional Victoria. Buyers are flocking to Warragul in record numbers to take advantage of the affordable, larger lot sizes. This affordability/size equation has seen sales increase dramatically in 2017 as buyers snap up land faster than ever Armstrong: The most remarkable development the Geelong region has ever seen! Located only 11 minutes to the surf and 15 minutes to the Geelong CBD,
ARMSTRONG boasts a unique position, enticing home hunters wanting to be close to the heart of Geelong and the Surf Coast. This remarkable community will be delivered by Victoria’s premier residential developer, Villawood Properties. As an industry-leading developer with 25 years of experience, Villawood Properties prides itself on delivering first-class liveable communities.