AN INVESTMENT WITH A SECURE, LONG-TERM TENANT – DEFENCE HOUSING AUSTRALIA
If you’re looking for an investment option with less stress – you can lease this property to DHA!
DHA has assessed this property location, plans and inclusions and has committed to a long-term lease on completion of construction, if delivered to the agreed specifications.
The benefits of leasing to DHA include:
- reliable rental income fully assessed at $650pw
- long-term leases up to 12 years + 3yr option
- rent paid in advance
- property care including most non-structural repairs
- For more visit www.dha.gov.au/investing/#investingbenefits
Ocean Hill in Lakelands, Western Australia, presents a promising area for property investment, blending coastal living with modern amenities. Here’s a breakdown of investment-related information:
Key Investment Highlights:
- Location: Situated approximately 57 km south of Perth CBD and 10 km north of Mandurah, offering a balance between city accessibility and regional lifestyle. Perth Airport is about 80 km away.
- Coastal Proximity: Close to Madora Beach, providing attractive lifestyle benefits for residents and potential tenants.
- Infrastructure:
- Lakelands Railway Station: Opened in June 2023, significantly improving connectivity to Perth and surrounding areas.
- Bus Services: Connecting to nearby train stations and other suburbs.
- Lakelands Shopping Centre: Located within 400m of Ocean Hill, featuring major retailers like Aldi, Coles, and Kmart, along with specialty stores.
- Schools: Close to Coastal Lakes College and Lakelands Primary School, with future plans for another primary school.
- Property Market Data (based on available information from April/May 2025):
- Median House Price: Approximately $635,000 to $672,000, showing significant annual growth (around 29-30%). Note that figures may vary slightly depending on the source and specific timeframes.
- Rental Yield (Houses): Around 4.97% with a median rent of approximately $620 per week.
- Rental Yield (Units – Lakelands area): Approximately 6.1% with a median rent of around $470 per week (this data is for the broader Lakelands area).
- Developer: Ocean Hill is a master-planned community by Satterley in partnership with C P Group. Satterley is a well-established and reputable land developer in Australia.
- Master Plan: The estate is planned for approximately 1671 future residences across multiple stages.
- Community Features: Parks, recreational facilities, and a future park with a lookout are planned, enhancing the lifestyle appeal.
Investment Considerations:
- Strong Growth Area: The Lakelands area, including Ocean Hill, has experienced strong property value growth in recent years.
- Rental Demand: Proximity to amenities, transport links, and the coast suggests continued strong rental demand.
- Infrastructure Development: Ongoing infrastructure improvements, such as the new train station, are likely to further enhance the area’s appeal and property values.
- Variety of Options: The availability of different land sizes and house and land packages caters to a range of investment strategies.
Ocean Hill appears is a well-located and developing community with strong growth potential, making it worth considering for property investment in the Perth region.
DHA is not the vendor of the property and therefore makes no representation in relation to the land, the builder, the construction of the property or any other matter unrelated to the DHA Lease Agreement or Property Care Contract. Investment in a DHA property is subject to the terms of the DHA Lease or other contractual documentation and those terms take precedence over any information contained in this advertising material.
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