Best Suburbs for Property Investment
Laura Valenti, Managing Director of Solutions Property Management, has worked with many investors and we asked her to tell us where one of the best suburbs for property investment is near Brisbane. Her answer was simple: Burpengary East!
“With positive growth in population and price, everyone knows that the Moreton Bay region is the hot investment tip for 2019.
Positioned in the bustling suburb of Burpengary East (emerging as the ‘gateway’ to the Sunshine Coast), North Harbour is attracting a lot of interest among investors, and here’s why:
- Return on Investment
Compared to the surrounding suburbs of Morayfield and Narangba, Burpengary East seems to fall in that ‘sweet spot’ of affordability yet with a good rental return.
- Long-Term Capital growth
The prospect of the marina development has attracted many astute investors who can see the value in buying now to reap rewards in the future. (The marina is subject to Government approvals – to see the latest news on this click here.)
- Community Feel
Investing in North Harbour is not just purchasing house and land like most estates – it’s buying into a strong community with facilities that will make any suburb green with envy. Centred around active community and family lifestyle, North Harbour offers the largest area (1000 acres) devoted to open space and parklands of any development within the northern corridor and is abuzz with weekend activities such as Park Run, Sunrise Yoga, and the exciting new ‘Bite’ food markets. Why is this so important to investors? They understand that community living entices tenants and makes them want to stay long-term – reducing tenant turnover and vacancy periods, which can eat into your return on investment.
I have watched North Harbour grow from a few stakes in the ground to an impressive award-winning development in a few short years. I’m looking forward to the next stages of development including the Heritage Park which will open up river access to the community.
For more information on the best suburbs for property investment in Australia, or contact us at https://www.solutionsproperty.com.au/ or by calling (07) 3888 0098.”
Investing in North Harbour
North Harbour Sales Manager Aidan Winter explains the key points of difference that make North Harbour a wise investment.
“North Harbour was named Best Residential Subdivision in Queensland, in the 2018 Urban Development Institute of Australia (UDIA) Qld Awards for Excellence. The UDIA’s Judges said North Harbour showed excellence in a number of categories, including planning, community, sustainability, urban design and engineering and had distinguishing features such as our future 1000 acres of open space and parklands (which include our upcoming Heritage Park) that stood out for them.
North Harbour has introduced a new lifestyle destination into the Moreton Bay Region and offers a unique residential development in the rapidly expanding northern corridor between Brisbane and the Sunshine Coast. The development offers numerous benefits for residents looking to invest in property including the previously mentioned 1,000 acres of open space and parklands (two parks are complete with another three scheduled to be this year), high speed fibre optic broadband and natural, reticulated gas to every home.
The proposed 1,000 acres of open space and parklands include walking and bike tracks, Raff Creek eco-corridor, lots of trees (over 60,000 have already been planted) and plenty of play equipment for young and older kids as well as exercise equipment. All homes in North Harbour will be within 325m of open space and/ or parklands.
A big point of difference to other projects of this type is our genuine investment cap of 30%, this makes finding a tenant much easier (less competition).
A lot of the investors that we speak with appreciate that their investment will benefit from what is planned at North Harbour, and in the local area such as more schools, improved infrastructure and increased recreation as well as local employment opportunities.”
Find North Harbour
North Harbour’s Sales and Information Centre & Display Village with café and two playgrounds is open seven days a week, 10am-5pm. Located on the corner of Buckley Road and Fraser Drive, Burpengary East, the Display Village showcases 33 brand new Display Homes from 17 of Australia’s best builders including Metricon. North Harbour recently won the UDIA Queensland Award for Best Residential Subdivision and is EnviroDevelopment Accredited.
If you’re looking for houses for sale near Brisbane, please contact us.
BITE Markets at North Harbour is a brand-new destination within the growing North Harbour community which has transformed weekends on the Northside! It’s the perfect place to eat, drink, spend time with friends and family near Brisbane, a place everyone is welcome, full of colour, adventures, wonderful food, entertainment and all sorts of flavours celebrating produce from the Moreton Bay region! Located at exit 150 off the Bruce Highway on Nolan Drive, open from 4pm-10pm every Friday and Saturday night. Click here to see Bite TV!