Lot 313 Randolph Boulevard , Morayfield QLD 4506 – Montrose Estate
$708,900
Moreton Bay Region – A Thriving Investment Opportunity
Nestled between the vibrant heart of Brisbane and the sun-soaked shores of the Sunshine Coast, the Moreton Bay Region stands out as an investment hotspot, offering a world of potential. Let’s explore the compelling reasons why this area is a magnet for savvy investors.
1. Rapid Growth and Development: The Moreton Bay Region has experienced exceptional growth, earning its reputation as one of Australia’s highest-growth Local Government Areas. This growth is fuelled by substantial infrastructure investments and a housing market that remains remarkably affordable, attracting a diverse range of residents, from interstate migrants to first-home buyers and seasoned investors.
2. Strong Demand for Housing: The allure of the Moreton Bay Region is undeniable. Its strategic location and attractive housing affordability have created a surge in demand for housing. Whether you’re looking to invest in residential or commercial projects, this region offers a wealth of opportunities.
3. Abundant Land for Expansion: With a vast expanse of 3,800 hectares of vacant land suitable for residential and commercial development, the region is poised to expand by a staggering 40% over the next two decades. This ample land provides an open canvas for investors and developers looking to shape the future of the area.
4. Ideal Location for Work and Play: Strategically positioned between Brisbane and the Sunshine Coast, the Moreton Bay Region offers easy access to thriving job nodes. Its affordable properties, combined with many suburbs located near the water, create an enviable lifestyle for residents. The lure of work-life balance is a potent driving force in the region.
5. Infrastructure and Employment Opportunities: The Moreton Bay Region is undergoing transformational changes with recent rezoning laws and significant infrastructure developments. The $2 billion North East Business Park and the establishment of a new university campus are creating new employment opportunities, further enhancing the area’s appeal.
6. Principal Regional Activity Centre: Recognised by the State Government as a Principal Regional Activity Centre, the Moreton Bay Region is on an upward trajectory for substantial growth within the Brisbane area. This designation underscores the area’s long-term economic prospects and bodes well for investors.
7. Rising Demand and Above-Average Price Growth: The Moreton Bay Region is not only a hotbed of activity; it’s also a region with rising demand. Surveys of sales activity indicate price growth that typically surpasses Brisbane averages, making it a standout choice for investors.
The Moreton Bay Region is a land of opportunity where growth, affordability, and a high quality of life converge. Whether you’re a seasoned investor or a first-time buyer, this thriving region offers the promise of a prosperous future. Don’t miss your chance to be part of this success story – invest in the Moreton Bay Region and watch your investment thrive!
Overview
$-490.55/m
9.29%
4.4%
1.27%
Property breakdown
Home area | 182 m² |
Build price | $346,900 |
Land price | $362,000 |
Title Status | Registered |
Contract type | Split |
Storeys | 1 |
Council Rates* | $125/m |
Water Rates* | $40/m |
Tax depreciation* | $697/m |
Rental Income* | $2600/m |
* these figures are an estimate only, based on current average rates and current relevant figures. |