The proximity benefits this four bedroom, one bathroom property provides to a broad and extensive range of facilities and infrastructure is obvious. This home features very generous living areas consisting of lounge, dining, family and meals, kitchen with shoppers entry and new Miele oven, reverse cycle ducted air conditioning, roller shutters, solar hot water system and enclosed outdoor entertaining area.
For the “investor” rental values have never been higher (increased by 8.1% appx in 2011) demand has never been higher, supply and vacancy rates have never been lower (vacancy rate 2.3% appx). This all adds up to this property potentially providing very impressive yields. For the first home buyer, I am sure you’re well aware of this so wouldn’t it be prudent and beneficial to buy into the market ASAP, considering the last vacant block of land in a very similar location and size sold for $410,000 last year, bricks and mortar has never been cheaper.