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 assessed at $650
- 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
Madora Bay presents a compelling case for property investment, underpinned by several key factors:
Strong Capital Growth:
- The median house price in Madora Bay has shown significant growth. Various sources indicate a 1-year growth ranging from approximately 12.7% to 15.1%.
- Over a longer period, the 2-year growth has been reported at 35.13%, indicating a robust upward trend in property values.
- The 5-year median price trend also shows a consistent increase.
Solid Rental Yields:
- The median rent for houses in Madora Bay is around $650 per week.
- This translates to a median gross rental yield of approximately 4.5% to 5.0% for houses, which is an attractive return for investors.
Growing Population and Demand:
- Madora Bay has experienced substantial population growth, with one source indicating a 57.8% increase between 2011 and 2016.
- The suburb is attracting young families and individuals seeking a coastal lifestyle with urban amenities.
- Projections suggest the population could double in the next two decades, indicating sustained demand for housing.
- Despite the price growth, buyer demand has only decreased slightly (around 14% in the past year), suggesting continued interest in the area.
- Rental demand has reportedly increased significantly (one source states a 16% increase in the past year and an even more dramatic longer-term increase), indicating a strong need for rental properties.
Relatively Affordable Median Price:
- While prices have grown, the median house price is around $770,000, which is still relatively accessible compared to some Perth metropolitan areas, offering potential for further growth.
Infrastructure and Amenities:
- Madora Bay benefits from ongoing infrastructure investments and is close to amenities such as the Lakelands Shopping Centre and the future Lakelands train station.
- The presence of schools and proximity to the beach enhance the desirability of the area for families.
Investment Opportunities:
- The Seaside Estate in Madora Bay offers house and land packages, potentially attractive to first-time investors and those looking to build new properties. These packages sometimes come with expected rental yields in the range of 4.8% to 5.5%.
Key Investment Considerations:
- Vacancy Rates: While not explicitly stated in the provided data, a high rental demand generally suggests lower vacancy rates, which is beneficial for investors.
- Property Types: The majority of dwellings in Madora Bay are freestanding houses (over 95%), so investment opportunities are primarily focused on this type of property. Unit data appears to be less available.
- Local Economy: Madora Bay is part of the Mandurah region, and the overall economic health of this region will influence property values and rental demand. Many residents work in trades occupations.
- Future Developments: Keep an eye on planned infrastructure and community developments in the area, as these can further enhance property values and rental appeal.
In conclusion, Madora Bay appears to be a promising area for property investment due to its strong capital growth, healthy rental yields, increasing population, ongoing development, and relatively affordable housing compared to the broader Perth market.
Potential investors should conduct thorough due diligence and consider their individual investment strategies and risk tolerance.
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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