Dual Living at the Coast

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Suitable for following Buyer Brief

Strategy Type: Buy & Hold

Investment Hold Period: Minimum 5 years

End Goal: Passive Income + Wealth Building + Tax Savings

Active or Passive Investing: Passive with minimum maintenance and ongoing involvement

Acquisition Objective: Accumulate self sustaining properties in growth areas for easy hold and get some equity to buy another one in 2 years.

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Location Highlights

• Proximity to Major Hubs: Approximately 13 km northeast of the central business district and about 370 km north of the state capital.
• Shopping and Entertainment: Features a central shopping centre with supermarkets and various dining options. The Esplanade offers a selection of restaurants, cafes, and boutique shops along the beachfront.
• Educational Facilities: Nearby educational institutions include a state school in the adjacent locality and secondary schools in the nearby city.
• Parks and Recreation: Boasts several parks and beaches, including a popular conservation park known for its sea turtle nesting sites. The area offers opportunities for fishing, swimming, surfing, and golfing.
• Medical Services: Local medical amenities include pharmacies, chiropractic and physiotherapy clinics, dental services, and general practitioners.
• Dining Options: A variety of restaurants and cafes are available along the Esplanade, offering diverse culinary experiences with ocean views.
• Amenities: The suburb provides essential services such as a post office, veterinary clinics, hairdressers, and beauticians.
• Public Transport: Connected to the nearby city via a bus route that operates seven days a week, facilitating easy access to urban amenities.
• Vacancy Rate: The region exhibits one of the lowest rental vacancy rates in Queensland, indicating strong demand for rental properties.
• Supply and Demand: The real estate market has experienced significant growth, with houses seeing a 106.35% increase in median value over the past five years, and units an 80.25% increase.
• Infrastructure Development: Ongoing development of new estates reflects growing demand in the property market, enhancing the suburb's appeal to investors.
• Population: As of the latest census, the suburb has a population of approximately 8,883 residents, with a predominant age group of 60-69 years, indicating a mature community.
• Employment Hubs: While the suburb itself is primarily residential and a tourist destination, it is in proximity to employment opportunities in the nearby city, which has a diverse economy including sectors like healthcare, education, and retail.

This coastal suburb offers a blend of relaxed beachside living with essential amenities and services, making it an attractive option for property investors seeking growth potential in a vibrant community.

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