Riding the Crest
31st May 2018
By Scott Pfeiffer
If you are looking for a good long-term investment, then this quality new home in the family friendly Perth suburb of Lansdale is a great option
When residents talk about living in the northern Perth suburb of Lansdale, they mention what a great place it is to bring up a family. The schools and shops are close by, but the area is quiet, with lakes, parks and picnic areas that create the sense of a tranquil urban community.
People have long voted with their feet. Lansdale enjoys a low vacancy rate of 3.3% compared to a Perth average of 4.6%, and the area has a high 88.2% of owner-occupiers, two key indicators for a Tom Hanks investment. Already an established suburb created out of market gardens, Lansdale’s population is predicted to grow over 30% between 2016 and 2021, compared to only 12% for Perth as a whole; 89% of the population are families, and 93.6% of working age people are employed. All these indicators point to excellent long-term prospects both for rent and capital gains.
Our property of the month is perfectly calibrated to take advantage of these prospects. A brand new double-brick 4-bedroom, 2 bathroom, double garage home situated on an elevated low-maintenance block of 279m2, it will attract as tenants the kind of families that give Lansdale its great reputation.
The turnkey price for this house and land package is $501, 050 and the estimated rent is in the vicinity of $420-$450 per week. Many of the properties in this new estate in an established suburb have already sold out, so why not contact us to further explore this opportunity today.