I recently did some research for some clients who were looking for a good place to invest and wanted equity in the home once it was built.
One of my builders has some House and Land packages for $565,000 for a 4 bedroom design with a double garage and covered alfresco at Hamlyn Terrace.
Looking at the resales and rents in this area, I discovered it is an awesome place to invest!
The equity in the home once built would be around $50,000 and the rents in this area are around $530 a week with a very low vacancy rate.
The estate is near Wyong Hospital ,the M1 around 10 minutes drive away, Coles and Woolworths are 2 minutes down the road,there are several schools around and Warnervale Train station is only around 10 minutes away....and the beach is about 15 minutes away!!
The estate has alot of first home owners so it isn't all investment homes which is great and I can see why the vacancy rate is so low...it is a fantastic place for those working in Sydney ...who don't mind the commute so they can have their own home and their own turf!!
Definitely an area to consider!!
One of my builders has some House and Land packages for $565,000 for a 4 bedroom design with a double garage and covered alfresco at Hamlyn Terrace.
Looking at the resales and rents in this area, I discovered it is an awesome place to invest!
The equity in the home once built would be around $50,000 and the rents in this area are around $530 a week with a very low vacancy rate.
The estate is near Wyong Hospital ,the M1 around 10 minutes drive away, Coles and Woolworths are 2 minutes down the road,there are several schools around and Warnervale Train station is only around 10 minutes away....and the beach is about 15 minutes away!!
The estate has alot of first home owners so it isn't all investment homes which is great and I can see why the vacancy rate is so low...it is a fantastic place for those working in Sydney ...who don't mind the commute so they can have their own home and their own turf!!
Definitely an area to consider!!
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