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Wollert
3 Beds | 3 Baths | Approx 346 Square metres | 2 car spaces |
Investors Note
Invest in this high-demand SDA location and achieve more with up to 16.7% gross yield and TPI of $192k.
SDA providers are calling out for more new homes in prime locations.
Our finance partners can provide investors with specialised SDA finance for this property.
Completed SDA homes are hard to find. This is a true gem.
What is SDA?
Specialist Disability Housing (SDA) is housing that has been specially designed to suit the needs of people with a disability, who have an ‘extreme functional impairment’ or ‘very high support needs’. The specialised features of an SDA property are intended to support the resident(s) in living as independently as possible and, in so doing, reduce their lifetime support costs.
SDA offers investors a very high-yielding asset.
For more information get in contact with us today.
Location
Wollert is a rapidly developing suburb situated approximately 26 km north of Melbourne’s CBD. Wollert offers a mix of suburban life with rural landscapes, boasting a peaceful environment while being well connected to the city.
This location is in high demand among SDA participants with Northern Hospital Epping approx. 10-15 mins drive away. The area is also attracting young families, professionals, and first-time renters, and Government investment in public transport, roads, and community facilities is set to further boost demand. Plus, plans for the E6 freeway and Wollert train station will further improve connectivity!
The area is close to Epping Train Station, is well-serviced by bus routes and has easy access to major roads like Hume Freeway and Epping Road for commuting. Several shopping centres, including nearby Epping Plaza and Pacific Epping, offer retail, dining, and entertainment options and plans for new schools, parks, and community facilities are in progress.
What’s Nearby:
• 3.4 km from Aurora Village Shopping Mall
• 3.4 km from Aurora Village Shopping Mall
• 7 km from Epping Recreation Reserve
• 7.2 km from Northern Hospital Epping
• 8.6 km from Epping Plaza Shopping Centre (Pacific Epping)
• 8.9 km from Epping Railway Station
• 26 km from Melbourne CBD
About the Property
- Brand-new home – Single contract
- Land area: 346m2
- Build area: 197m2
- High Physical Support SDA | 3.3.1.2 | 2P + OOA
- Build Completed March 2025
- Full turnkey
- Total support throughout the buying and tenanting process!
Demand
The data confirms what the SDA providers are telling us. They need more new SDA homes in VIC.
Participants with SDA funding in use: 213
Participants with SDA funding, SDA not in use: 83
Total Participants with SDA in use or SDA eligible (not yet using SDA): 296
The Key Numbers
As of June 2024, the SDA pricing was increased, this includes High Physical Support, Improved Liveability, Fully Accessible, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.
High Physical Support
SDA Income - $83,336 per participant
MRRC - $12,838 per participant
Location Factor - 0.90
Potential Total Income | $192,348
Potential Yield – 16.7%
Improved Liveability
SDA Income - $69,868 per participant
MRRC - $12,838 per participant
Location Factor - 0.90
Potential Total Income | $165,412
Potential Yield – 14.3%
*Please note that these numbers are based on 2 participants only. Pricing is current as of June 2024 and is as per published SDA schedules.
Ready to get started?
Get in touch to discuss the buying terms...
- $5,000 Expression of Interest
- Remainder of 10% on Finance Approval
- Finance Clause accepted
Make your move soon, as this is going to sell quickly.
Disclaimer
We have in preparing this information used our best endeavours to ensure the information that has been provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.
HPS
FIRE SPRINKLERS INCLUDED
Ellenbrook
3 beds | 4 baths | 2 car spaces |
3 beds | 3 baths | 2 car spaces |
3 beds | 3 baths | 2 car spaces |
3 beds | 3 baths | 2 car spaces |
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.