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14 Parklink East Avenue Wondunna

It's with great pleasure to present

Your Focus Market and Property

and this is why...

Melanie and Gus were introduced to us through Sam Burgess. They are looking to work for another 10 years than have an investment portfolio large enough where they can start stepping away from work.

Based on that we suggest positively geared property in safe, secure regions which have a large population and economic diversity. Having positively geared property will enable Melanie and Angus to continue purchasing should they choose to, as each investment will increase their income.

DISCOVER OUR METHODS

HOW DO WE SELECT OUR MARKETS?

Targeting locations which will grow in value by understanding what these push and pull factors are, when they will occur and how long they are due to last is what allows us to make assumptions for strong market growth.

Our methodology aligns with a number of different driving factors. Some of these include government funding, economic uplifting projects, infrastructure introduction, flanking market affects and more. However, the underlying factors comes down to a couple of basic principals, supply and demand from population movement and demographic demand.

In proud partnership with Australia's top property economists. We formulate specific data reports based on our client's requirements and the markets we shop in. Our partners have been awarded the Innovation Patent Housing Market Prediction Solution, which predicts housing price changes at suburb level up to ten years into the future.

your Hot market

FRASER COAST REGION

The Fraser Coast Regional Council area is located in the Wide Bay Burnett Region of south-east Queensland, about 250 kilometres north of the Brisbane CBD.

The Fraser Coast Regional Council area is bounded by the Coral Sea in the north and east, the Gympie Regional Council area in the south, and the North Burnett Regional Council area and the Bundaberg Regional Council area in the west.

The Fraser Coast Regional Council area is served by the Bruce Highway, Fraser Coast Airport (Hervey Bay and Maryborough) and the Tilt Train.

Market Performance Over 1 Year

Forecasting Reports

Fraser Coast’s recent growth has been driven by net in-migration, led not just by retirees, but also families (both young and established)

KPMG Landscape Forecast

KPMG's future projection and an insight into the development of the Fraser Coast landscape

Infrastracture Profile

Council has invested in projects which support the growth and improvement of key areas across the Fraser Coast. These projects inject millions into our economy and help build confidence in the region.

WONDUNNA 4655

Market Conditions

24.8% median market growth in 1 year

The markets movement over the past year, paired with supportive driving data shows us there is good growth to come. 

The current rental yield in the market is 4.59%

As we are looking for a positively geared property, yielding will need to be considered. We can expect this to rise due to the supporting data.

-2.08% vendor discounting shows us an understanding of the market's performance

As properties begin to grow in value, vendors are realising the interest in the market and discounting less and negotiations begin to tighten up.

Days on market have reduced since March 2021 by -22.5% to 27 days.

A reduction in days on markets indicates that pent up demand is causing property in the areas to sell at vendors expectations, which empowers the local property economy.

The number of new listings has decreased by -14.0% in the last year

The reduction of new listings tells us that vendors are realising the values of thier properties, and are therefore holding their assets.

Stock on market has decreased by -22.7% over the last year

As vendors begin to realise the markets potential, savvy owners are holding their properties to gain the value in the markets current and forthcoming growth.

Economically influencing projects

OUR SUGGESTED PROPERTY

14 Parklink East Avenue Wondunna QLD 4655

Property details

4

2

2

Asking Price

Target Price

Potential Rent

Potential Yield

$530,000

$545,000

$550 per week

5.25% Gross

Where is this Property?

ComparAtive properties

What should i know about this property?

Are there easements on the property?

the easement on this property is acceptable

EASEMENT MAP
Easements are areas which need to be accessible by council or anyone with a right to access a portion or part of land. An easement could be related to sewage piping, gas lines or electrical works.

Is the property located in a flood zone?
The property does not fall within flood lines.

FLOODZONE MAP
Flood zones can be determined from river flood lines. In areas where the terrain is fairly flat and river banks overflow, properties which fall within these catchments may warrant higher insurance costs.

Is the property correctly zoned?
development zone: Emerging Communities

Building and council regulation states that the dwelling on top of the land needs to be classified correctly for the type of structure that it is.

Is the property in adequate condition?
Yes, please see the photos in the listing

In communications with the listing agent, he/she has confirmed the condition of the property is as the listing shows. This will be verified by our team in the steps moving forward.  

What are the council rates for the property?
Approximately $3,200 yearly

Council rates are paid by the owners and fund council work and operations. Generally, the smaller the population and larger the council, the higher the fee is.

What is the cost for building insurance?
Approximately $1,500 per year

In most states, building and landlord insurance is required to by the buyer one the property’s contract has been signed and exchanged. The fee above is an average for the building insurance only.

How many days has this property been on market?
This property is off market

There are 3 types of listing stages:

On-market, this is found on major portals
Off-market, this is for sale, but with the listing agency only
Pre-market, this has been presented to us outside of the public

When was the property Built?
the property was built in 2011

The build year should be considered when purchasing properties of different structure types. The price of the property can be reflective of the build year vs the structure type. Some structure types age better than others. At a certain price point, it is worth remembering that land is the appreciating asset, while the dwelling is the depreciating asset.

Is the property leased, if so until when?
property is tenanted until 15/08/22

Tenure renewals dates need to be considered in rising markets. If the market is rising, your ability to increase rental rates will only be possible at the time the tenants lease period renews.

What are the lease rates associated?
$430 per week;
can be rented for $550 per week

Lease renewal rates cannot be changed inside of lease periods, for the benefit of the tenant. 

Why is this a good option?

Please make sure to go though all the details and get back to us as soon as possible

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