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Plainland
4 Beds | 2 Baths | Approx 525 Square metres | 2 car spaces |
Plainland | Property Hotspot
Plainland Crossing enjoys a prime location right on the Warrego Highway between Ipswich and Toowoomba. The area is well connected, being less than an hours drive from Brisbane CDB and a half hour drive west to Toowoomba.
The Lockyer Valley is famous for its rich farmlands and is rated among the top ten most fertile farming areas in the world. Plainland is set to become the major hub for the region, making it one of the most strategic locations in South East Queensland.
With convenient and safe access to the Warrego Highway (east and westbound), residents can enjoy a myriad of opportunities in 3 of Australia’s fastest growing cities – Ipswich, Toowoomba and Brisbane.
Plainland is maturing rapidly into a fully-fledged Town Centre with a range of excellent facilities already in the neighbourhood including Bunnings, Aldi Supermarket, Supercheap Auto and Woolworths.
The well-established amenities include Plainland Plaza, Travel Centre, McDonalds, Schultes Meat Tavern, Plainland Hotel, Mobil, The Coffee Club and Curtis Medical. Faith Lutheran College and Sophia Catholic Secondary College are also on your doorstep.
The estate boasts wide streets and good quality open space, the already completed Koffal Park and the brand new 2 hectare Edgerton Park is now open.
In addition to the local employment options already available, the Amberley Air Force base and other government facilities are located within an easy commute for residents.
UQ Gatton University Campus is only minutes away, and a selection of quality private and public schools, such as Sophia College, Plainland Kindergarten and Childcare and Faith Lutheran College Plainland are within easy reach.
Plainland Crossing House & Land
- Presenting a large family home on a 525m2 allotment – Plainland Crossing Estate, QLD @ $741,389.
- 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.
- Investors Note up to 4.7% - 5.1 % Yield.
A Home to Call Home
4 BED | 2 BATH | 2 LIVING | 2 CAR
- 184 sqm Turn-Key family home
- Generous 525 sqm lot with large backyard
- Land due to title 1st Quarter 2025
- Full turnkey package - ready for living
- Spacious kitchen, open plan family living family, alfresco space and separate lounge
- 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 $741,389
- Rental rate $680 - 730 PW
- Up to 4.7% - 5.1% Gross Yield
Our View
The Property Market in Plainland has seen significant growth in the last two years making it an investment hot spot on the periphery of Brisbane:
- Median house price growth over the past 24 months exceeds 15%
- Median rental growth over the past 12 months exceeds 9%
- Rental vacancy rates around 1.1%
- 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.
Full turnkey package - ready for living
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Disclaimer
Plans and images are for illustration purposes only. All prices and information is current as at the published date. Meridien Group does not provide financial or legal advice and does not offer or imply warranties or guarantees of performance. Clients are advised to seek independent legal and financial advice before proceeding.
Acknowledgement of Country
We respect and honour Aboriginal and Torres Strait Islander Elders past, present and future. We acknowledge the stories, traditions and living cultures of Aboriginal and Torres Strait Islander peoples on this land and commit to building a brighter future together.