Introduction Laidley, Queensland - Information Memorandum Queensland, Australia - Wealth Managers Australia
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INVESTMENT PROPERTY CHECKLIST Location (Commuting Distance to Capital Growth Prospects Employment Hubs) Market Cycle (Is this a rising Population Growth market?) Infrastructure Projects Rental Demand & Yield Economic Drivers (Ideally several Local Amenities (Proximity to different industries) Schools, Shopping, Hospitals) New Job Creation Public Transport (Proximity to Bus, Train, Light Rail)
AUSTRALIA’S MAJOR PROPERTY MARKETS Darwin SEQ +20,000pa (1) +75,000pa(1) $580,000(2) $501,000(2) 5.2%(1) 5.01%(1) LOW GROWTH, TOO ISOLATED HIGH GROWTH, HIGH YIELD Sydney +90,000pa(1) $1.5million(2) 2.3%(1) Perth HIGH GROWTH, +20,000pa(1) LOW YIELD $775,000(2) 4.0%(1) LOW GROWTH, TOO ISOLATED Canberra +10,000pa(1) $749,000(2) 4.8%(1) LOW GROWTH, 99YR LEASE Adelaide Population Growth Median House Price +10,000pa (1) Melbourne $620,000(2) Hobart +110,000pa(1) Median Yield 4.2%(1) +3000pa (1) $1.1million(2) NO GROWTH, TOO ISOLATED $660,000(2) 2.5%(1) (1) 4.2% HIGH GROWTH, LOW YIELD NO POPULATION GROWTH Sources: 1. https://sqmresearch.com.au/property-rental-yield.php (yield for SEQ is calculated based on an average including Brisbane East, Moreton Bay, Ipswich, Toowoomba, Logan, and Gold Coast) 2. https://info.realestateinvestar.com.au/ June 2021
BOOMING SOUTH EAST QUEENSLAND • Queensland recorded a population growth rate of 1.6% in the 12 months to 30 June 2020, above the national average(2) • The ABS projects there will be an additional 1.5 Million residents in SEQ between 2020 and 2041 to reach 5.3 Million(1) • That is 75,000 new residents every year for 20 years(1) • The QLD Government estimates 630,000 new dwellings will be needed in the next 20 years to accommodate this population growth(1) • That is 577 new homes required every week for the next 20 years to meet the housing demand.(1) • The QLD government has allocated $134 Billion in infrastructure investment to support this massive population boom.(3) • The investment in 2020/21 is expected to directly support around 44,000 jobs and help drive economic recovery.(4) • The major infrastructure projects are expected to support about 930,000 jobs through to 2031.(3) Sources: 1. Infrastructure Australia and QLD Government SEQ Regional Growth Plan: https://dilgpprd.blob.core.windows.net/general/shapingseq.pdf 2. https://www.qgso.qld.gov.au/issues/3091/population- growth-qld-202006.pdf 3. https://en.wikipedia.org/wiki/South_East_Queensland_Infrastructure_Plan_and_Program 4. https://www.statedevelopment.qld.gov.au/industry/infrastructure/infrastructure- planning-and-policy/state-infrastructure-strategy
SOUTH EAST QUEENSLAND $134 BILLION INFRASTRUCTURE PLAN The QLD Government has allocated $134 Billion in infrastructure investment to support the massive population boom. The 350 plus major projects are expected to support about 930,000 jobs through to 2031. 10 new cities are underway to house TOOWOOMBA the extra 1.4m residents coming in the next 15 years. YARRABILBA ESTABLISHED CITIES PRINCIPAL REGIONAL ACTIVITY CENTRES Sources: Infrastructure Australia and QLD Government SEQ Regional Growth Plan: https://dilgpprd.blob.core.windows.net/general/shapingseq.pdf, https://www.qgso.qld.gov.au/issues/3091/population-growth-qld-202006.pdf https://en.wikipedia.org/wiki/South_East_Queensland_Infrastructure_Plan_and_Program
“The Golden Triangle” Australia’s investment hotspot “SOUTHEAST Queensland’s property market offers a “golden triangle of opportunity”, with the region tipped to have the best capital growth in the country. - Realestate.com.au Source: https://www.realestate.com.au/news/southeast-qlds-property-golden-triangle/
POST-COVID MASS MIGRATION FROM SYDNEY & MELBOURNE QUEENSLAND IS THE WINNER Tens of thousands leave Sydney’s population Melbourne after first stalls after Covid-19 Covid wave data shows Matt O’Sullivan | November 9, 2020 Anothony Piovesan | Nov 2, 2020 Data released by the Australian Bureau of Statistics (ABS) on Queensland’s economy is getting a boost thanks to people Monday showed 25,000 people abandoned Melbourne in the fleeing “crazy house prices” in southern states. June quarter before a second wave of coronavirus intensified across Victoria. “In net terms, Victoria only gained people from “All in all, this means that the state’s population growth will Western Australia (+100) and lost most to Queensland (-2100) remain stronger than the national average for the next few years…” https://www.news.com.au/travel/travel-updates/tens-of-thousands-leave- melbourne-after-first-covid19-wave-new-data-reveals/news- https://www.smh.com.au/national/nsw/covid-19-to-reshape-sydney-in- story/ed87eb0c3af999afe9d7c0ebf627a3f3 biggest-way-since-spanish-flu-as-population-stalls-20201011-p56412.html Image source: https://www.theguardian.com/australia-news/2020/jul/30/victoria-makes-masks-compulsory-for-all-as-it-records-13-more-covid- 19-deaths-and-723-new-cases, https://www.news.com.au/finance/economy/australian-economy/adelaide-house-prices-boom-and-sydney- and-melbourne-slump/news-story/5ec9e6d9a6ec2b42939af5e0dd388c97
INTERSTATE MIGRATION 90% ABOVE DECADE AVERAGE MASS MIGRATION TO QLD Housing in Queensland scarce due to mass interstate migration Jemima Burt | February 5, 2021 High rental demand and property prices are music to the ears of landlords and property owners, but if you are looking for a place to live in Queensland at the moment, there is a good chance you are struggling to find what you are after. Research by Corelogic suggests more than 25,000 people have moved to Queensland during the past financial year, with the rate of interstate migration last year 90 per cent above the decade average. This is an extract from ABC News: https://www.abc.net.au/news/2021-02-05/housing-pressure-on-regional- queensland-after-2020- migration/13123318#:~:text=A%20mass%20migration&text=Research%20by%20Corelogic%20suggests%20more,cen t%20above%20the%20decade%20average. Residents of NSW and VIC are making the move Qld records highest to Queensland amount of interstate No Author | January 12, 2021 migrants in Australia Monique St Clair | February 3, 2021 Throughout 2020, many residents of New South Wales and Victoria decided to make the move to the Sunshine State. New data has shown Queensland’s received the most interstate Queensland outshone other Australian states with interstate migrants in the back end of last year, all likely due to Covid. migration numbers, as latest numbers provided by CoreLogic suggest that Queensland is 90 per cent above the decade The Australian Bureau of Statistics has released it’s latest Regional average. Internal Migration report, for the September quarter of 2020. This is an extract from my GC: https://www.mygc.com.au/qld-records-highest-amount- of-interstate-migrants-in-australia/ This is an extract from REIQ: https://www.reiq.com/articles/interstate-migration/
INTERSTATE MIGRATION MASS EXODUS TO SEQ AND WEALTH TRANSFER 5 year forecast 2017 - 2022 Brisbane, Adelaide & Spike in interstate Gold Coast house prices Aussies applying to Boom and Sydney and Queensland universities Melbourne slump Danielle O’Neil | January 7, 2021 A plunge in international students amid the coronavirus Jason Murphy | January 3, 2021 pandemic is being offset by increased interstate enrolments, as students look more seriously at the Well, well, well. This is quite a reversal. Australia’s house price Sunshine State. leaders are now the laggards, and the laggards are now the leaders. An additional 2000 interstate applicants – from 7665 to 9679 – want to study at institutions in Queensland. This is an extract from the Brisbane Times on the 22nd of March 2019: This is an extract from Realestate.com.au on the 16th of April 2019: https://www.brisbanetimes.com.au/national/queensland/crazy-house-prices-causing- https://www.realestate.com.au/news/property-armageddon-house-prices-could-fall-by- southerners-to-flee-to-queensland-20190414-p51e1t.html 50-per-cent/
WHERE ARE THEY ALL MOVING TO? By 2041, SEQ is expected to accommodate an additional 1.98 million people, bringing its total population to 5.35 million SEQ’s current and projected population Population 2015 2041 Local Government Area (estimated resident population) (estimated resident population) Brisbane 1,162,200 1,572,000 (▲409,800) Gold Coast 555,600 928,000 (▲372,400) Ipswich 193,000 520,000 (▲327,000) Lockyer Valley 38,800 61,000 (▲22,200) Logan 308,700 586,000 (▲277,300) Moreton Bay 425,500 655,000 (▲229,500) Noosa 53,500 63,000 (▲9500) Redland 150,000 188,000 (▲38,000) Scenic Rim 39,800 62,000 (▲22,200) Somerset 24,000 38,000 (▲14,000) Sunshine Coast 284,500 495,000 (▲207,500) Toowoomba 133,400 180,000 (▲46,600) SEQ 3,378,000 5,349,000 (▲1.98 million) Source: Infrastructure Australia and QLD Government SEQ Regional Growth Plan update 2018: https://dilgpprd.blob.core.windows.net/general/shapingseq.pdf
SEQ Property Market to increase by 20% outstripping Sydney Median house price growth forecast, 2019 to 2022 and Melbourne Estimated house Forecast house Growth 2019 to 2022 (%) price June 2019 ($) price June 2022 ($) Sydney 980,000 1,040,000 +6 Melbourne 760,000 810,000 +7 Brisbane 552,000 665,000 +20 “SEQ outperforms the growth Adelaide 495,000 550,000 +11 of all other major capital Perth 505,000 540,000 +7 cities in the country.” Hobart 500,000 520,000 +4 Darwin 500,000 535,000 +7 - BIS Oxford Economics Canberra 680,000 750,000 +10 Source: https://www.urban.com.au/news/qld/101362-brisbane-s-median-house-price-forecast-to-grow-by-20- in-the-three-years-bis-oxford-economics
THE PROPERTY CLOCK Canberra Sydney Melbourne Brisbane Ipswich Moreton Bay Gold Coast Logan Source: https://static.htw.com.au/HTW-month-in-review-May-2021-Residential.pdf
SOUTH-EAST QUEENSLAND PROPERTY MARKET IS BOOMING SEQ Property Market South East Queensland predicted to increase by primed to be 2021's top 20% in 2019-22 market Doug Scragg | July 19, 2019 Dan Wilkie | December 11, 2020 Property prices are set to increase by 20% which is South East Queensland is shaping up to be a strong bet fantastic news for homeowners and investors in South for investors, with properties from the Gold Coast to the East Queensland. Our region outperforms the growth of all Sunshine Coast selling fast and on a solid foundation for other major capital cities in the country. The forecast capital growth in 2021. growth for 2019-2022 is shown in the graph below (provided by BIS Oxford Economics). For much of 2020, it has seemed like just about everybody in Australia wants to move to Queensland. This is an extract from the Wealthmed on the 19th of July 2019: https://www.wealthmed.com.au/property/seq-property-market-predicted-to-increase-by- This is an extract from the Australian Property Investor: 20-in-2019-22/ https://www.apimagazine.com.au/news/article/south-east-queensland-primed-to-be- 2021s-top-market/ SEQ is shining and Sunshine state records poised for strong capital four-fold rise in new growth in 2021 home enquiries December 4, 2020 James Hall | March 22, 2019 A building company says the level of inquiry for new homes in south- The Sunshine State is shining – strong demand for detached east Queensland is "phenomenal," with a mass domestic migration houses and outstanding demand for lifestyle areas projected to apparently underway to the Sunshine State. deliver 6-10 per cent capital growth in 2021 for the southeast QLD market. "The major relocation companies are quoting 400 per cent increases in quotes to people who are wanting pricing to relocate from Sydney and Melbourne up to the Gold Coast and Greater Brisbane," Mr Fryer The QLD Government has contained the virus very effectively. said. This is an extract from Michael Yardney’s Property Update: This is an extract from ABC News: https://www.abc.net.au/news/2021-01-23/surge-in- https://propertyupdate.com.au/the-sunshine-state-is-shining-and-poised-for-strong- relocation-enquiries-in-mass-interstate-migration/13077342 capital-growth-in-2021/
SYDNEY & MELBOURNE PROPERTY & RENTAL MARKETS PLUNGING Tenants market to emerge in Brisbane and Adelaide house 2021 as rents plummet in prices boom and Sydney and Sydney, Melbourne Melbourne slump Jason Murphy | January 3, 2021 Mackenzie Scott | January 12, 2021 As 2020 departs, Australia’s most expensive cities are limping along. SQM managing director Louis Christopher said while signs of Melbourne and Sydney are seeing little growth in the value of homes. improvement could be seen in the two larger cities, including The million-dollar valuations aren’t going anywhere. Meanwhile, places shrinking vacancy rates, 2021 would be tough for investors. long overlooked are having a moment in the sun, as the next chart shows. “It’s clear Sydney and Melbourne apartment investors were the losers of 2020 with rents and prices falling,” Mr Christopher The big winner is sunny Queensland. Beautiful one day, COVID-free said. the next. This is an extract from news.com.au: This is an extract from the Australia: https://www.theaustralian.com.au/business/tenants- https://www.news.com.au/finance/economy/australian-economy/adelaide-house-prices- market-to-emerge-in-2021-as-rents-plummet-in-sydney-melbourne/news- boom-and-sydney-and-melbourne-slump/news- story/6a09dd065d448e2b9a570911306a5e05 story/5ec9e6d9a6ec2b42939af5e0dd388c97 Australian housing prices tipped Sydney and Melbourne to bounce back in 2021, except inner-city units: Melbourne & rents plunge amid Sydney coronavirus pandemic Rachel Wells | January 4, 2021 David Chau | January 12, 2021 Home prices are set to rise in all Australian capital cities in 2021, Sydney and Melbourne were the worst cities to be a landlord in 2020, economists predict, buoyed by low interest rates, an improving according to the latest rental market figures. economy and government stimulus. In fact, they were the only two cities where the rental price for houses But they warn inner-city apartment prices in Melbourne and Sydney fell throughout the past year, which was good news for renters. will continue to fall, due to a drop in immigration and international students and increasing numbers of city dwellers relocating to Melbourne had the highest number of empty homes to be rented regional areas. (4.7pc) in Australia last month, data from SQM Research revealed. This is an extract from Domain: https://www.domain.com.au/news/australian-housing- This is an extract from ABC News: https://www.abc.net.au/news/2021-01-12/sydney- prices-tipped-to-bounce-back-in-2021-except-inner-city-units-economists-1016800/ melbourne-rental-property-market-darwin-housing-sqm/13050748
BRISBANE AND SEQ HAS BEEN ANNOUNCED PREFERRED HOST FOR 2032 OLYMPIC GAMES Brisbane officially Olympic games will 2032 Olympics would be top pick for 2032 boost the QLD property a ‘game changer’ for market for up to 5 years QLD property Olympic Games Simon Pressley | March 24, 2021 Aislinn Dwyer | April 7, 2021 Renee McKeown | February 25, 2021 ASIDE from the Games itself being a great spectacle, I hope that the ALTHOUGH some 11 years away, the 2032 Olympic Games is on the QUEENSLAND officials are finalising plans for the $4.5 billion Brisbane lips of most Queenslanders – particularly among Brisbanites – whose 2032 Olympic Games as the hunt for stadiums, venues and event leaves a legacy consisting of a suite of great infrastructure projects that Australia’s fastest growing region enjoys for generations home city is currently the preferred host of the event. infrastructure funding continues. to come. Hosting the 2032 Olympics and Paralympics could be a “game- The International Olympic Committee selected Queensland’s capital changer” for Queensland, according to Brisbane Lord Mayor Adrian as the targeted host for the games bringing “stability” as the Generally speaking, the direct benefit to property markets from hosting such a big international event comes from the bringing forward of Schinner, who says it could “deliver 20 years of accelerated committee moves towards a cost neutral event. opportunity for our state”. This is an extract from Urban Developer investment in big-ticket infrastructure. https://www.theurbandeveloper.com/articles/brisbane-2032-olympics-property-market- This is an extract from REIQ development-stadiuminfrastructure-projects-approved/news- This is an extract from Propertyology https://www.reiq.com/articles/olympics-property-prices/ story/3976f758a9fd7c25dd2d3d7f02694560 https://www.propertyology.com.au/how-will-the-olympic-games-affect-property-markets/ QUEENSLAND PROPERTY MARKET WOULD ‘WIN’ GOLD ALONG WITH THE 2032 OLYMPICS
2023 OLYMPICS TO BRING A DECADE-LONG HOUSING & INFRASTRUCTURE BOOM Artist illustration of Brisbane 2023 Olympic Games Building Brisbane lord major calls Queensland Confirms for decade-long 2032 Olympic Games Bid Olympics boom QUEENSLAND will join the race to host the 2032 Olympic Tony Moore | February 24, 2021 Games after premier Annastacia Palaszczuk confirmed that cabinet had given the green light for the bid on HOSTING the Olympics would force all three levels of government to Monday. produce a “decade-long infrastructure boom” in south-east Queensland before the cauldron was lit, Brisbane’s lord mayor says as the region becomes a hot favourite to host the 2032 Games. A south-east Queensland Olympic Games could create 130,000 jobs and deliver more than $8 billion in new trade The south-east Queensland bid estimated the cost of staging the opportunities, the analysis found. Games at $5.3 billion, which would be partly offset by the International Olympic Committee providing a minimum $2.5 billion contribution. This is an extract from Queensland Property Investor This is an extract from REIQ https://qldpropertyinvestor.com.au/queensland-confirms-2032-olympic-games-bid/ https://www.reiq.com/articles/olympics-property-prices/ Olympics an opportunity Federal Government agrees to catalyse two decades to fund half Olympic Games investments in SEQ costs Matthew Killoran and Jack McKay | April 26, 2021 No Author | February 25, 2021 THE Property Council of Australia welcomes the International Olympic ANNASTACIA Palaszczuk is confident The Gabba will be rebuilt ahead Committee’s announcement that Brisbane is the preferred host of the of the 2032 Olympic Games, insisting the mammoth proposal was a 2032 Olympic and Paralympic Summer Games. "no brainer". The Executive Director of the Property Council in Queensland, Chris While the federal government contributed just $150m to the Sydney Mountford said hosting the Olympics provides a once-in-a-lifetime Olympic Games in 2000, the new proposed deal would have its share opportunity to turbocharge public and private investment in the rise into the billions. infrastructure needed for our growing region. This is an extract from The Courier Mail. This is an extract from Mirage News https://www.couriermail.com.au/sport/seq-olympics-2032/gabba-redevelopment- https://www.miragenews.com/olympics-an-opportunity-to-catalyse-two-decades- federal-government-agrees-to-fund-half-olympics-revamp/news- 519515/ story/c6e28a15b5b98dbb45edc089fdfa3497 Artist illustration of Brisbane 2023 Olympic Games Blueprint
BILLIONS OF DOLLARS IN PIPELINE FOR SEQ INFRASTRUCTURE $50 billion project Queensland’s largest $400 million for Queensland pipeline for Qld over industrial projects: infrastructure to boost the next five years game-changer for SEQ economic recovery No Author | March 19, 2020 No Author | August 20, 2020 No Author | May 21, 2020 The report details the pipeline of major infrastructure projects within Up to 6000 jobs will be created at one of Queensland’s largest Queensland across the next five years totalling over $50 billion in industrial projects in Crestmead The funding boost includes more than $400 million for transport planned, funded and in construction works. and road projects as part of the Queensland Economic The the $1.5 billion Crestmead Logistics Estate will be Recovery Strategy: Unite and Recover for Queensland Jobs, “Overall there are reasons to be optimistic, with many major projects developed over the next five years by Queensland developer and tens of millions for 48 new regional council infrastructure such as Inland Rail, Cross River Rail, Brisbane Metro and upgrades to the M1, Bruce Highway and essential water infrastructure Pointcorp and will deliver 650,000 sqm of warehousing, projects under the Building our Regions (BoR) program. developments beginning in earnest.” business, logistics and manufacturing space. This is an extract from the Infrastructure Magazine: This is an extract from Infrastructure Magazine: This is an extract from Mirage News: https://www.miragenews.com/jobs-bonanza-at- https://infrastructuremagazine.com.au/2020/05/21/400-million-for-queensland- https://infrastructuremagazine.com.au/2020/03/19/50-billion-project-pipeline-for- crestmead/ queensland-over-the-next-five-years/ infrastructure-to-boost-economic-recovery/
Sunshine Coast LOCATION LOCKYER VALLEY Brisbane Toowoomba Ipswich LAIDLEY KEY DISTANCES Toowoomba - 40 mins Ipswich – 30 mins Gold Coast Brisbane CBD -1 hour Plainlands – 5 mins University of QLD Gatton – 10 mins Gatton – 15 mins Amberley RAAF Base - 25 mins Source: https://hotspotcentral.com.au/reports/alderley/Toowoomba-Fact-Sheet2.pdf
PEOPLE LOCKYER VALLEY POPULATION GROWTH The Lockyer Valley recorded considerable population growth over the five years to 2011, reaching over 37,000 residents. Robust population growth will occur in the Lockyer Valley – 69.2% over the next 20 years. The population in Lockyer Valley is expected to grow to 57,400 by 2031. Source: Lockyer Valley Regional Plan 2011 - 2031
TRANSPORT AND LOGISTICS - The Lockyer Valley is serviced by a number of key transportation networks including the Warrego Highway, Western Freight Corridors and Western Region Translink Network. It’s central location between INDUSTRY the Darling Downs Food Bowl to the West and the SEQ Growth corridor puts the region in a prime position to capitalize. LOCKYER VALLEY AGRICULTURE - The Lockyer Valley accounts for almost a third of South East Queensland’s agricultural production. The agricultural industry has been recognised as one of the strongest growth sectors for the future, largely driven by national and international population growth and increased food demand. Current forecasts for this year estimate the value of the industry within QLD to be approximately $18.7 billion.
THE GATEWAY TO THE SURAT BASIN
MAJOR INFRASTRUCTURE PROJECTS: LOCKEY VALLEY • Construction has commenced on Sophia College at Plainland. This $20 million schools project will bring to the Lockyer Valley a new secondary catholic college. Sophia College will open and welcome students in 2021. • In March 2020 Laidley State High School opened their new $10 million learning centre. The new facilities include a Trade Precinct and a Creative Arts Precinct providing up-to-date facilities and resources for students. • Southern Queensland Correctional Centre Stage 2 commenced in 2020, with a three-year build, costing $618 million and delivering more than 400 construction jobs. Once operational the facility will deliver more than 500 permanent jobs in the region. • Construction of the Lockyer Valley sections of the Inland Rail project include 2 tunnels, a significant number of bridge and viaduct sections and multiple crossing loops. The Lockyer Valley sections of the project are currently in the EIS stage, with completion expected in 2025. Investment and construction • Recently completed, the $20 million Grantham Farmworkers Lodge is a purpose-built facility providing accommodation for up to 260 backpackers and farm workers. There are plans for a second stage consisting of a further 280 beds. • Stanbroke are currently expanding their existing facility at Grantham. The construction by McNab provides an increase in permanent storage capacity, needed due to ongoing growth, providing the company with efficiency gains in storing, retrieving and processing goods. • A new 7000m2 Bunnings warehouse at Plainland is set to commence construction in 2020. This $20 million project includes the main warehouse, car parking, outdoor nursery, timber trade sales area, café precinct and click and collect services. • Porters Plainland Hotel recently unveiled their new motel complex. The $8 million redevelopment project includes 16 motel rooms and new function rooms capable of seating 120. Residential projects Residential projects continue to meet the demand of a growing population in the Lockyer Valley. Current development projects include: • Fairways Estate, Hatton Vale • Horizon Estate, Withcott • Meadows Estate, Plainland • Plainland Crossing • Woodchester Estate, Gatton • Woodlands Rise, Gatton • Valley Vista Estate Laidley
LIVEABILITY LOCKYER VALLEY
AGRICULTURAL EDUCATIONAL CORRECTIONAL GATTON
1000 + Students enrolled at Gatton Campus The University employs hundreds of locals
SOUTHERN QLD CORRECTIONAL CENTRE EXPANSION PROJECT • $650 Million • 1000+ Jobs
PLAINLAND BOOM TOWN
LOCKYER REGION MEDIAN STATISTICS VALLEY House Townhouses Units Median Listing Price $393,000 $349,000 $218,000 PROPERTY Median Price Change – 5.00% 0.00% 2.38% Last Quarter MARKET Median Price Change – 1 Year 9.16% 20.55% 0.23% Median Price Change – 10.07% 4.39% 0.46% 2 Years “As more people make the shift to regional living in Toowoomba, that REGION RENTAL STATISTICS growth is being matched by an extremely strong housing House Townhouses Units market. In fact, Toowoomba has the biggest housing market growth Median Weekly Rent $350 $280 $275 out of all regional Queensland.” Median Yield % 4.63% 4.17% 6.55% - Remax Median Rent Change – 6.06% 1.88% 5.7% 1 Year 0.51% 81 38,611 21.77% Current Vacancy Rate Rental Stock Available Population Rental Population Source: 27/06/21 https://www.realestateinvestar.com.au/Property/queensland/lockyer+valley JUNE 2021
BEAUTIFUL LAIDLEY
University of QLD – Gatton (10Mins) PROFILE: LAIDLEY POPULATION PROFILE Laidley is within the Lockyer Valley of South East Queensland and lies 83 kilometres (52 mins) west of Brisbane, the state capital. Laidley is regarded as "Queensland's Country Agricultural Industry Mining Industry –Surat Basin Garden". Fruit and vegetable production features prominently, with the majority of beetroot grown in Australia coming from the Laidley district. The population estimate for Laidley as of the 30th June 2020 is 4,209. Since the previous year, the population has grown by 1.63%. Population growth in South East Queensland was 2.00%. ECONOMIC PROFILE Industries: Tourism, Commerce, Agriculture and Logistics Average Salary: $61,000 (gross) p.a. (across all industries) Infrastructure: Hospital, Airport (Wellcamp Airport - full-service airport now open) Tertiary Education: University of Southern Dairy Industry Queensland Source: https://profile.id.com.au/toowoomba/population-estimate, https://www.averagesalarysurvey.com/toowoomba-australia
Historic Exchange Hotel Laidley Main Street Eagle Rock American Diner 100 years old St Patricks Church Laidley Christmas Festival Laidley Spring Festival
LAIDLEY TOWN CENTRE
Valley Vista Estate
LOCKYER VALLEYS HOT PROPERTY MARKET Lockyer Valley Property Why Lockyer properties Market boosted by City are selling before even Buyers being listed High Suffel - January 21, 2021 Ali Kuchel | October 16, 2020 Agent's outlook for Lockyer real estate market in 2021. After a year of strong THE Lockyer Valley property market growth, the Lockyer Valley property is booming at the moment with buyers market looks set to boom for years to snapping up land before even being come.. listed. HERE'S WHY:. Eight regional areas set Lockyer Valley is the to boom after COVID-19 up-and-coming property hot spot Cameron Kusher 29 Apr 2020 Tom Gillespie | January 14, 2020 REA's Property Research Analyst Cameron Kushner says Queensland’s INVESTORS from Queensland and Lockyer Valley is the top 8 across Australia are eyeing off property Regional centres set to boom on back of in the Lockyer Valley ahead of what the Covid 19 driven mass Tree Change. could be strong property growth.
LOCKYER VALLEY’S BOOMING RENTAL MARKET Lockyer Valley in a Lockyer renters are finding severe rental crisis it impossible to get a home By Melanie Maeseele - December 5, 2020 Ali Kuchel – 28 Oct, 2020 MASSIVE surge in demand for Lockyer THE Lockyer Valley is facing a severe Valley rental properties has been sparked by Covid. shortage of rental properties which will The Lockyer rental market is experiencing a only get worse in the New Year, shock to supply and demand, with property according to real estate agents. availabilities falling below one per cent. Best agent in Lockyer Valley Pandemic population surge - strong rental market is means scarce rentals across boosting tenant quality Queensland Ali Kuchel - December 5, 2020 John McCarthy – 27 October 2021 “Out here it’s huge, the rental market is just A surge of about 30,000 interstate migrants in getting bigger and bigger, and we’ve got so many tenants moving out from Brisbane into the area.” the past six months and the state’s recovery Based at Plainland, Vanilla Rentals has seen a from the pandemic has created a spike in skyrocketing demand for rental properties since rental demand with about 90 per cent of coronavirus hit Australian shores. Queensland’s market is now considered “tight”.
Valley Vista ESTATE LAIDLEY Lockyer Valley QLD
Valley AMENITIES Vista Estate LAIDLEY LAIDLEY KEY DISTANCES Toowoomba - 40 mins Ipswich – 30 mins Brisbane CBD -1 hour Plainlands – 6 mins University of QLD Gatton – 10 mins Gatton – 15 mins Amberley RAAF Base - 25 mins
VALLEY VISTA, LAIDLEY LOCAL AMENITIES SHOPPING CENTRES • IGA Supermarket Laidley (plus chemist, bakery, newsagent, bakery, bottle shop, hairdresser and several cafes) – 3 km or 3 mins drive • Plainland Plaza Shopping Centre (Woolworths, Aldi, Bridgestone Tyre and Auto, Coffee Club, Pharmacy, Mobil Service Station McDonalds, Burger King, KFC, Carl’s Jnr Butchery, Bottlemart, Woolworths, and dozens of specialty shops ) – 7km or 6 mins drive. • Bunnings Plainlands – 7km or 6 mins HEALTH AND MEDICAL • Laidley General Hospital – 3..4km or 3 mins • Laidley Clinic Medical Centre – 1km or 1 min • Laidley Family Doctors - 3km or 3 mins • QML Pathology and Imaging - 3km or 3 mins • Tabeel Aged Care Residence – 3km or 3 mins CHILDCARE AND EDUCATION • Laidley District State School – 1.1km or 1 min • Saint Mary’s Catholic Shcool – 3.2km or 3 mins • Laidley State High School – 4.3.km or 4 mins • Freer Rnge Kids Childcare – 1.1km or 1 min • C&K Kindergarten – 3km or3moins • University of Queensland Gatton Campus – 8km or 10 mins
VALLEY VISTA, LAIDLEY ESTATE PLAN
SUBURB MEDIAN STATISTICS House Townhouses Units Median Listing Price $379,500 N/A N/A Median Price Change – 0.55% N/A N/A Last Quarter LAIDLEY HTS Median Price Change – 1 Year Median Price Change – 8.73% N/A 0.00% 11.61% N/A -11.43% PROPERTY 2 Years MARKET SUBURB RENTAL STATISTICS House Townhouses Units Median Weekly Rent $378 N/A N/A Median Yield % 5.17% N/A N/A Median Rent Change – 1.66% N/A N/A 1 Year 0.64% 11 3,799 34.74% Current Vacancy Rate Rental Stock Available Population Rental Population Source: 27/06/21 https://www.realestateinvestar.com.au/Property/laidley+heights https://www.propertyvalue.com.au/suburb/laidley-heights-4341-qld JUNE 2021
3 YEAR RENTAL GUARANTEE MINIMUM RETURN Dual Key = 5% Yield PA x 3 Years Houses = 4% Yield PA x 3 Years RENTAL ASSURANCE CERTIFICATE
HAVE ALL OF THE BOXES BEEN TICKED? Location (Commuting Distance to Capital Growth Prospects Employment Hubs) Market Cycle Population Growth Infrastructure Projects Rental Demand & Yield Economic Drivers (Ideally several Local Amenities different industries) New Job Creation Public Transport
This property report has been compiled in good faith with all the information available to the writer at the time after thorough research and investigation into the market. All facts and figures provided by Toowoomba City Council, QLD Government, realestate.com.au, RP Data, realestateinvestar.com.au, various news publications and real estate blogs, the REIQ and the ABS. However we strongly advise that anyone looking to invest into the area covered in this report, conduct their own research before committing to an investment property. Homecorp Constructions will therefore will not be held liable for any loss or action arising from such purchases and bear no responsibility for any inaccuracies that may occur in this report.
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