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Upper Kedron
4 Beds | 2 Baths | Approx 829 Square metres | 2 car spaces |
Upper Kedron | Property Hotspot
This address is one of the best in Brisbane!
Brisbane CBD is just 12km away, however, you are surround by nature. Ellendale is a community you need to see to believe. Nestled against the backdrop of the South D’Aguilar National Park, the estate boasted tree-lined streets with modern homes creating an unrivalled new address.
Carefully designed to enhance the natural environment, the Ellendale masterplan embraces 91 hectares of nature corridors and recreation space, resulting in a truly tranquil setting.
Established in 2016, Ellendale is a thriving community and home to a growing number of families. Here, weekends are filled with adventure. Take a scenic drive in the natural surrounds of Ellendale, enjoy a picnic under the trees, relax at the spectacular lookouts over Brisbane and Moreton Bay, or grab a coffee before hitting the bushwalk trails.
With a growing list of quality local schools, retail and shopping hubs, cafes, restaurants, recreational options, parks and so much more on your doorstep, get ready to enjoy a truly connected life at Ellendale.
Local schools:
- St Andrew’s Catholic School – 3 minutes
- Ferny Grove State School – 5 minutes
- Ferny Grove State High School – 5 minutes
Medical centres:
- Keperra Family Practice – 8 minutes
- North West Private Hospital – 15 minutes
Transport links:
- Ferny Grove Station – 6 minutes
- Local bus services to and from Ellendale
The demand for new homes within the Brisbane Council area is unmet. The market conditions are set to deliver more rental income with low vacancies and potential future price growth. This is what property investing is all about! Demand exceeds supply, so keen investors need to get in fast.
If you want to live or invest here, don't wait for the prices to be higher - get in touch today.
Ellendale House & Land
- Presenting a family home on a 829m2 allotment – Fern Ellendale, Upper Kedron QLD @ $1,267,453.
- 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 | 2 CAR
- 189 sqm Turn-Key family home
- 829 sqm lot
- Land to title in July 2025
- Full turnkey package - ready for living
- Split level family home on an enormous allotment
- Spacious kitchen with island benchtop
- Open plan family living and dining out to the 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 $1,267,453
- Rental rate $950PW
- 0.14% Vacancy Rate!
Our View
The Property Market in Upper Kedron 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 22%
- Rental growth over the past 12 months 11%
- Rental vacancy rates around 0.14%
- 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.
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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.