Why savvy investors are taking advantage of low interest rates & snapping up investment property near Brisbane
Given the current sharemarket uncertainty, savvy investors are switching to bricks and mortar – still considered to be a sound investment by leading financial experts. In fact, the current economy, with interest rates at an all-time low and appear likely to stay that way for this year at least, offers shrewd investors plenty of opportunities.
The crucial factors to finding a good investment property in this economy are:
To find out more about investing in property at North Harbour watch our video here.
To view our current house and land packages available for sale, click here.
Figures from Realestate.com.au February 2021
Calculate whether you can afford to purchase an investment property at North Harbour
We want to make the business of buying investment properties at North Harbour as easy as possible. You can already view sales plans, house and land packages and general information on our website northharbour.com.au, and walk through videos of our display village homes are available online here.
If you’re keen to find more information about investment properties at North Harbour, particularly with interest rates so low, or information on buying houses and North Harbour in general we have plenty to offer on our website and other channels:
The ideal timeline is as follows:
Step 1: Visit the Land for Sale section of our website and review our available land for purchase. You can contact the Sales team by phone, 07 5433 1111, or email . Our office is open by appointment until further notice.
Once you have chosen your block we will hold it for 48 hours without a deposit. After two days we will call you to confirm that you wish to proceed. If you want to go ahead, we will ask you for some further details (full names of buyers and your solicitor) to enable us to prepare the contract. We can email you the contract for signing or make an in-person appointment to sign, whichever you prefer. After the buyer/s have completed the offer to purchase, it is then signed by the Developer (North Harbour) and sent to our solicitor. At this point the deposit (typically around $5,000) is payable.
Things to note in Step 1: North Harbour as the developer sells the land (block). Once you have chosen your block you then need to choose the style of house you would like to put on there – you can do this by choosing one of our pre-approved house and land packages and building with one of our Display Village builders or you are free to choose a different builder. BUT any home you choose must adhere to the North Harbour design guidelines and must be suitable for your block. Click here to view the Design Guidelines. Double-check what will work for the block you choose. Viewing house and land packages will give you a clear idea of what type of house you can put on your preferred block.
Step 2: The purchaser has 28 days to secure finance. You will need to speak to a mortgage advisor or your chosen bank to secure finance. If finance is declined, the $5,000 deposit is fully refundable. $5,000 is held in Trust with our solicitor until settlement – which will occur 28 days after registration.
Step 3: Registration normally takes place 4 – 6 months after the release of a new stage Registration can be delayed due to inclement weather affecting the civil works and is also subject to council approval timelines. Once through council, it can then go to the titles office to register. Once registered, we will call the buyer to inform them of registration and they will also receive notification from their solicitor and settlement date.
Things to note in step 3: This step is outside the control of the developer as it is subject to council approval timelines. It can be subject to delays – we do our best to mitigate any delays but it is not always possible.
Step 4: Once settled, your builder can start building your investment property. Building must commence within 9 months of settlement and be completed within 18 months.
Things to remember: Contact Opticomm at opticomm.net.au to get your broadband set up so you can join North Harbour’s fibre optic network and get access to Australia’s Fastest Broadband, your builder will organise for your gas to be connected to our reticulated gas system.
Village Page offers plenty of space to play with play equipment suitable for older and younger children as well as BBQ, picnic shelters and free Wi-Fi.
Reflections Park is located at the western end corner of North Harbour, Reflections Park has play equipment for younger children and flat space.
Riparian Park is suitable for older children with a flying fox, heaps of play equipment, fitness equipment and a half basketball court.
Habitat Park offers two off-leash dog areas with doggy play equipment, BBQ’s, shelters, fitness equipment and children’s play equipment.
Heritage Park is a community attraction listed in the Queensland Heritage Register and has been created in partnership with The Abbey Museum of Art and Archaeology.
Harvest Park includes BBQ facilities, picnic shelter, playground, walking and bike paths, fitness equipment, table tennis table, sunlounges and our first community garden which includes a range of fruit trees.
Living at North Harbour gives you access to amenities which are truly 21st-century with access to the fastest residential broadband connection in Australia.
Up to 6kms of riverside, off-road tracks to suit beginners and families as well as intermediate level riders. Access is from the end of Moreton Bay Boulevard next to Habitat Park 6am-sunet, every day. There are also bike paths and walking trails around the BBQ and picnics shelters.
Love cooking? You’ll love the amenities and easy lifestyle options of North Harbour. Each home in North Harbour has access to reticulated gas. No more running out of
gas for hot water or that all-important BBQ!
The history of the North Harbour site is interpreted from a dedicated facility, the Compass Centre, which delivers a ‘mind map’ of the site before it is experienced firsthand. The Compass Centre presents historic photographs, sketched and objects on display which allow visitors to appreciate the stories and significant developments from early European settlement through to the present day.
Our heritage trails offer educational signage to assist in interpreting the archaeological features that remain.
Edge Early Learning North Harbour Childcare and Kindergarten is a new purpose-built childcare centre which opened on 23rd March 2020. The centre features bright and spacious learning environments with natural outdoor play areas that evoke exploration. Centre Director Jackie and her dedicated team of educators provide quality care and education to children from six weeks to school age.
Sunday Sunrise Yoga in the Park is open to everyone and is held every Sunday at 7.30am (weather permitting) at the Heritage Park.
This class is completely free and is perfect for everybody – all levels welcome including beginners .
North Harbour is a unique residential development in the northern corridor between Brisbane and the Sunshine Coast, located along 9km of direct river frontage and 10 minutes from beautiful Moreton Bay and surrounding islands.
We’re well located just five minutes off the Bruce Highway at exit 146 Uhlmann Road, Morayfield and Burpengary train stations are just 10 minutes away and nearby North Lakes, Burpengary and Morayfield shopping centres, as well as Costco, Bunnings and IKEA are within easy reach.
Phone the North Harbour team on 07 5433 1111, visit our Sales & Information Centre or complete our online form.