Unique House & Land Opportunity

Griffin | Property Hotspot

Don't miss the opportunity to invest or living in the popular and charming suburb of Griffin. This boutique 36 lot subdivision is perfectly located for young families and Brisbane commuters.

The suburb of Griffin is increasingly in demand due to its reputation as a safe, friendly and conveniently located area. Hazel Pocket boasts access to many local schools and childcare make it particularly attractive to families with children.

Griffin is only 30 minutes from the Brisbane CBD and approximately 55 minutes to the tourist destination of the Sunshine Coast.

Enjoy a life with a picturesque blend of suburban tranquillity, urban convenience and seamless connectivity in the heart of 'Brisbane's Northern Suburbs.

This house and land package is situated near local shopping areas, including the North Lakes Westfield, IKEA, medical facilities, public transport/train stations, schools and childcare, this location is perfect for new home buyers and investors.

Be a part of one of QLDs fastest growing regions and get in before prices become even higher.

Hazel Pocket House & Land

- Presenting a large family home on a 250m2 allotment – Hazel Pocket Estate, Griffin QLD @ $842,900.
- Build a brand-new property. It is a fantastic opportunity to add to or start a new property portfolio.
- Demand exceeds supply, so keen buyers need to get in fast.

A Home to Call Home

4 BED | 2 BATH | 1 LIVING | 1 CAR

- 153 sqm Turn-Key family home
- 250 sqm lot
- Land to be titled in Feb 2025
- Full turnkey package - ready for living
- Spacious kitchen with island bench top
- Open plan family living family with large alfresco space
- Reverse cycle split system a/c to main living and bedroom 1

BONUS – Meridien Energy Solar Home power 6.6 Included valued @ $5988 - cuts around $40 per week off energy costs.

Buy with Confidence

- Leading builders
- Turn-key packages
- 12-month fixed price contract
- 12-month maintenance period
- 7 Star Energy Rating
- NCC-compliant designs
- Four-stage quality assurance program
- Fast build times

Key Numbers

- Contract price $842,900
- Rental rate $750PW
- Up to 4.6% Gross Yield

Our View

The Property Market in Griffin has seen significant growth in the last two years making it an investment hot spot in a popular Brisbane suburb:

- Median house price growth over the past 24 months exceeds 14%
- Rental growth over the past 12 months 6.7%
- Rental vacancy rates around 1.33%
- Take advantage of the undersupply of SEQ’s housing market.
- A Great location for a solid yield and future growth outlook.

Want to know more?

How to secure this property:

1. Initial deposit of $1,000
2. Balance 5% at unconditional, 21-day finance clause
3. Complete an expression of interest form!
4. Copy of ID

Book a call with Chris Nicholson today at 0406 292 249, investment properties of this caliber do not last long.

Southeast Queensland Property Market Outlook

If you are looking for an investment property or your new home, now is the time to move into the active SEQ market. The longer you 'look' the more it will cost to enter this growth cycle.

Key Factors

- SEQ is the strongest capital city market with continued price growth expected in 2024 and 2025.
- Brisbane median prices are up 14% v 2023 and regional Qld is up 11.4%. Price growth in SEQ is over 2 times more than the Australian capital city average.
- Housing demand from rising interstate and overseas migration into SEQ is at record levels. Each week almost 2,500 people are moving to Queensland with around 2,000 of these moving into SEQ.
- The GAP between housing demand and housing supply is getting wider with a 1.3% increase in housing approvals compared to a 2.9% population increase.
- SEQ requires 34,000 new housing lots p.a to meet new housing demand. Current supply rates of 18,000 lots p.a. fall well short of what the market needs and there is no fast fix.
The fundamentals of economics - supply and demand - are at play in the SEQ property market. More and more people are choosing to live in the region (more demand) and the development of new homes and new land is falling (less supply). Over and above the market imbalance, factor in the 2034 SEQ Olympic Games and any easing of interest rates and market demand will be further stimulated.

Meridien Invest Outlook

Current market conditions are very similar to 2022 with land supply tightening, land prices increasing, and more competition for every land release. These conditions saw land prices rise with every release creating new entry price points every quarter. Our clients that invested in 2021-22 have all realised price growth of $150,000 to $200,000 which is well above their expectations and has boosted their financial foundations considerably.

Clients investing in SEQ now, are moving into a favourable market that could be further fuelled by an interest rate cut early in 2025. Build times for new homes are now around 20 weeks which is a big improvement on 2021-22.

Now is the time to be investing. Don't wait for the prices to reach the next level. The best place to start is to book an appointment so that we can plan out your SEQ investment program to suit your goals and budget.

Get in touch today and get started. The longer you wait, the more it is going to cost.

• Floor Plans
• Attachments

brochure (002) lot6.jpg

Home and land brochure - lot 6 - 27.9.24.pdf