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18 Olympia Avenue Barlows Hill

It's with great pleasure to present

Your Focus Market and Property

and this is why...

In this section we briefly summarize what we know about you as an investor, which we put together from the information we’ve received from your client form, our discussions, and the communication we’ve had with your broker. We want to make sure that this is the right information, and if you feel there is some information which we’ve missed, we would like to know so that we can add this into the search brief.

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

Livingstone Shire

LIVINGSTONSTONE SHIRE COUNCIL

Livingstone Shire is located in Central Queensland, about 600 kilometres north of the Brisbane CBD, and about 40 kilometres north-east of the Rockhampton CBD. Livingstone Shire is bounded by the South Pacific Ocean in the north-east and east, the Rockhampton Regional Council area in the south, the Central Highlands Regional Council area in the south-west, and the Isaac Regional Council area in the north-west.

Livingstone is home to more than 37,000 residents. The major centres include the coastal towns of Yeppoon and Emu Park, with the smaller settlements of Byfield, Farnborough, Cawarral, Keppel Sands, Glenlee, Glendale, The Caves, Yaamba, Marlborough, Stanage Bay and Ogmore making up Livingstone.

Livingstone Shire includes significant rural and rural-residential areas and growing urban areas. The Shire encompasses a total land area of about 11,800 square kilometres, including national parks, state forests, coastline, islands and beaches. The main urban centre is Yeppoon, with a smaller urban centre at Emu Park. 

Non-Indigenous people are recorded to have lived in what is now known as Livingstone from 1853. Livingstone was first established as a Local Government in 1879, and then amalgamated with three other councils to become Rockhampton Regional Council in 2008. After a deamalgamation process driven by community feedback, Livingstone Shire Council was re-established on 1 January 2014.

Market Performance Over 1 Year

Housing Demand study

Livingstone Shire’s new and existing housing market is currently experiencing a significant product shortfall. Increasing house prices, escalating rents and very low rental vacancies are the result. The right local market response is critical.

Community Plan Towards 5050

Livingstone Shire Council has led a whole of community planning process to develop a 30-year vision with clear community priorities for the region.

Economic Profile

Livingstone Shire's economic profile presents economic information that enables you to describe the area's role within the broader economy, explore options for economic development and promote the area's strengths.

BARLOWS HILL 4703

Market Conditions

22.1% 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 5.78%

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.

-1.63% 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 October 2020 by -70.3% to 9 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 increased by 44.4% in the last year

The increase of new listings coming onto onto the market shows that vendors are wanting a piece of the action and are willing to gauge the market.

Stock on market has increased by 37.5% over the last year

As vendors begin to realise the markets potential, savvy owners are putting their properties on the market to get in on the action. This is expected to turn in the next 4 to 6 month as values rise.

Economically influencing projects

Advanced Manufacturing

With over $6 billion dollars in major construction projects being delivered over the next 5 years and exponential growth in the resources sector, now is the time to invest in advanced manufacturing technologies, products, systems and services.

Agriculture & Food Technologies

By 2050, food supply is predicted to increase 60% to meet global demands, with 85% of this production increase expected to be driven by increased yields and cropping intensity, highlighting the critical role of agricultural technologies to level with demand.

Care and Support Services

Given the strong family demographics and sizeable proportion of pre-schoolers (5.6% of the total population), the Capricorn Coast region provides considerable opportunities for the provision of childcare.

Construction

Construction a top performing sector, aided by the delivery of major local projects equating to a staggering $6 billion plus, with the majority planned for delivery within the next 5 years.

Defence and Military Training

Shoalwater Bay Military Training Area encompasses close to 30% of the Capricorn Coast Region and is recognised as one of the best training facilities in the world.

Mining

Currently 35 mineral and 6 coal exploration permits have been granted with 2 additional mineral permits under consideration, bringing the total exploration interest in the region to 43 permits.

Renewable Energy

With an average of 300 days of sunshine a year, the region is extremely well positioned to take advantage of the growing solar power revolution at a broad-scale level

OUR SUGGESTED PROPERTY

18 Olympia Avenue Barlows Hill Qld 4703

Property details

4

2

2

Asking Price

Target Price

Potential Rent

Potential Yield

$449,000

$440,000

$520 p/w

6.15% Gross

Where is this Property?

ComparAtive properties

$ 575,000
20 Sep 2021
$ 605,000
9 Aug 2021
$ 579,000
8 Sep 2021

What should i know about this property?

Are there easements on the property?

pLEASE SEE THE MAP TO VIEW EASEMENT

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: Residential

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 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 $3,400 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 $1,650 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 1995

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?
the property is occupied by the owner

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?
CAN BE RENTED FOR $520 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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