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 super cashflow properties in growth areas for easy hold and get some equity to buy another one in 3 years.
Location Highlights
Proximity to CBD and Airport: Approximately 19 km south-east of Melbourne's Central Business District. Shopping and Entertainment: Offers a variety of retail facilities, including two Coles stores in central areas and local shops on Cooke Street. Education Precincts: Home to reputable educational institutions, including Monash University and several primary and secondary schools.Parks and Recreation: Features numerous parks and recreational areas, providing ample green spaces for outdoor activities.Medical Facilities: Access to world-class health facilities, including nearby hospitals and medical clinics. Restaurants and Cafes: Offers a selection of dining options, including cafes and restaurants.Amenities: Includes community centres and various local services.Public Transport: Serviced by railway stations providing access to regular train services to Melbourne and surrounding areas.Vacancy Rate: Information not available.Supply and Demand: Median house price is $1,184,444, with 88 houses sold in the past 12 months; units have a median price of $750,400, with 215 sold in the same period. Infrastructure Spending: Ongoing developments in public transport and community facilities.Population Details: Population of 19,348, with a predominant age group of 20-29 years. Employment Hubs: Proximity to industrial areas and business centres provides employment opportunities.
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