Yarrabilba: Where Affordability Meets Growth - Your Key to Property Investment Success

We're excited to present a prime investment opportunity in the vibrant community of Yarrabilba, QLD, where affordability is still evident and rental return and capital growth is very attractive.

Property Details:

- Location: Yarrabilba, QLD

- Purchase Price: $649,000

- Asset Type: Townhouse

- Property Size (total): 170m2

- Bed/Bath/Car: 3, 2.5, 1

- Cost Per m2: $3,817

- Body Corp Rates: No body corp fees!

- Rental Range / Week: $530

- Rental Yield: 4.20%

- Vacancy Rate: 1.1%

- Completion Timeframe: December 2024

Why Yarrabilba?

Yarrabilba has been the fourth fastest selling project in Australia since 2012, with over 1,000 people moving there each year. The estate offers a perfect blend of suburban tranquility and urban convenience. With excellent transport links,11 quality schools, 23 hectares of retail precincts, and recreational facilities and 30 parks. The estate has created over 11,000 local jobs and it is predicted to house a further 35,000 residents.

Yarrabilba is conveniently located between Brisbane CBD and Gold Coast, making it the ideal spot for families and professionals. The suburb presents a strong median yield of 5.1% with a 7% 10-year growth average. With vacancy rates as low as 1.1%, the area boasts strong rental returns and long-term tenants, with a large number of young families occupying the area.

Investment Highlights:

1. High Rental Yield: With a rental yield of 4.20%, this townhouse presents a compelling investment opportunity, generating strong rental income from day one.

2. No Body Corp Fees: Unlike many other properties and 1-part contracts (suitable for Self-Managed Super Funds), this townhouse comes with no body corporate fees, maximizing your returns and minimizing ongoing costs.

3. Strong Capital Growth Potential: Yarrabilba's strategic location and rapid population growth make it an ideal investment destination, with strong potential for capital appreciation over the long term.

4. Modern Design and Quality Finishes: The townhouse boasts a contemporary design, spacious layout, and high-quality finishes, ensuring tenant satisfaction and long-term rental stability.

5. Low Vacancy Rates: With vacancy rates of 1.1%, Yarrabilba presents a great investment opportunity. Due to the significant population growth, abundance of local amenities, schools and job opportunities, the demand for housing within the area continues to grow.

With completion scheduled for December 2024, and construction commencing in July 2024 now is the time to secure this prime investment opportunity in Yarrabilba. Whether you're a seasoned investor or a first-time buyer, this townhouse offers an attractive combination of rental yield, capital growth potential, and low ongoing costs.

For more information or to assess whether this product will work in line with your financial goals, please contact us today.

Chloe Steel

Client Executive Assistant

GREENROCK Advisory

chloe@greenrockadvisiory.com.au

0487771115

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