High financial performance investment property
Under $715,000

Glenvale

For Sale
Property Type: House
4 Beds 2 Baths Approx 504 Square metres 2 car spaces

12 Month Rental Guarantee

Glenvale | Property Hotspot

Glenvale is a charming, popular and vibrant suburb within Toowoomba, Australia’s second largest inland city. Glenvale Willows estate has been designed with golden tree lined avenues and ample space, perfect for an outdoor lifestyle.

This is a family-friendly, semirural community with panoramic views, only 5.5 km west of Toowoomba's CBD. The estate has easy access to dining, entertainment, shopping, medical facilities, and essential services.

Toowoomba has a growing population and a diversified economy, with strong sectors in agriculture, education, health, and manufacturing. The city has seen significant infrastructure investment in recent years, including the development of a Toowoomba Wellcamp Airport, The Toowoomba Second Range Crossing (Bypass) and a range of new residential and commercial developments.

Toowoomba is a thriving regional city perfectly positioned just 90 minutes from Brisbane. With an abundance beautiful parks and unique job offerings, to leading schools and an affordable housing market. It’s no surprise that more and more people are calling this wonderful part of the world home, making this the perfect time to buy now before prices increase further.

Glenvale Willows Estate House & Land

- Presenting a large family home on a 504m2 allotment – Glendale Willows Estate, QLD @ $714,900.
- 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.
- Investors Note up to 4.5% Yield.

A Home to Call Home

4 BED | 2 BATH | 1 LIVING | 2 CAR

- 182 sqm Turn-Key family home
- Generous 504 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
- 28 Day Start Guarantee
- 25 Week Build Guarantee
- 12-month maintenance period
- 12 Month Rental Guarantee
- 7 Star Energy Rating
- NCC-compliant designs
- Four-stage quality assurance program
- Fast build times

Key Numbers

- Contract price $714,900
- Rental rate approx. $595-$615 PW
- Up to 4.3%-4.5% Gross Yield

Our View

The Property Market in Glenvale has seen significant growth in the last two years making it an investment hot spot in SEQ:

- Median house price growth over the past 24 months exceeds 24%
- Median rental growth over the past 12 months exceeds 2%
- Rental vacancy rates around 1.7%
- 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.

Heating & Cooling

  • Air Conditioning
  • Split-System Air Conditioning

Outdoor Features

  • Fully Fenced
  • Outdoor Entertainment Area
  • Remote Garage

Indoor Features

  • Broadband Internet Available
  • Built-in Wardrobes
  • Dishwasher
  • Pay TV Access

Eco Friendly Features

  • Solar Panels

Other Features

    Full turnkey package - ready for living

Location

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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.