Walk To Shops & More

RICHLANDS | PROPERTY HOTSPOT

This rare gem of a house and land package is available in the beautiful suburb of Richlands. Just 21 km southwest of Brisbane’s CBD, this location has a lot to offer.

Just a short walk to brand-new local shops, parklands, train station, and childcare, it's the ultimate in convenience and comfort. This immaculately designed house and land package offers modern style, space, and function, ideal for families or a savvy investor

Only 550m from Richland Plaza to access your everyday needs including Woolworths, pharmacy, Fitness First, bakery, medical centre, specialty stores, restaurants and cafes. This property is extremely well connected with major Logan, Ipswich and Centenary Motorways nearby and Richlands train station only 1.2 km away providing an easy commute into Brisbane.

Richlands a is family orientated suburb with several beautiful local parks for residents to enjoy, plus there are plenty of schools and childcare options. It is approximately 20 minutes from Ipswich, 25 minutes from the Brisbane CBD, and 35 minutes to the Airport.

This property is centrally located in one of Australia’s fastest growing regions!

What’s Nearby:

• 550 m from Richlands Plaza
• 1.2 km from Hock Davis Park
• 1.2 km from Richlands Square Marketplace
• 1.2 km from Richland Train Station
• 1.7 km from Eridanus Street Park
• 2.2 km from Inala Plaza
• 12 km from Springfield
• 21 km from Brisbane CBD

RICHLANDS HOUSE & LAND

- Presenting a family home on a 250m2 allotment – Richlands, QLD @ $783,155.
- 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 5.1% Yield.

A HOME TO CALL HOME

4 BED | 2 BATH | 1 LIVING | 1 CAR

- 155 sqm Turn-Key family home
- 250 sqm lot
- Land due to title Feb 2025
- Full turnkey package - ready for living
- Spacious kitchen with open plan dining and family living that's opens out to 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 $783,155
- Rental rate approx. $690-770 PW
- Up to 4.5% - 5.1% Gross Yield

OUR VIEW

The Property Market in Richlands 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 50%
- Median rental growth over the past 12 months exceeds 8%
- Rental vacancy rates around 2.3%
- 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 QLD 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