Arana Hills House & Land

The housing market in Brisbane has performed exceptionally well in recent years and is expected to do so into the future. Prices for large houses like this in a 10km radius of our growing 3rd largest CBD, which is currently experiencing the largest influx of migration in the country, can only really head in one direction. Supply is low, demand is strong, the population is exploding and these prices still offer relative affordability to locals, especially when considered against our other large capitals.

• Roughly 11kms NW of the Brisbane CBD
• Older established & very “green” suburb characterized typically of large homes and some newer townhouse complexes
• Arana Hills Shopping Centre just a few minutes away including ALDI, COLES, KMART & a range of other speciality stores
• Close access to main arterial road networks and the NW train line
• Just a few minutes from major military base ‘Gallipoli Barracks’
• Annual growth of 37% to suburb
• 0.3% vacancy rate to suburb, very little to rent
• They are expecting titles in Sep/October this year
• Land sizes range 338-350sqm, directly north facing
• Large 5 bedroom, 3 living room, dining room, double lock up garage home design (239sqm total)
• Prices are $1,234,700 to $1,238,300
• Rentals expected to be around $900pw or higher (Should hit a 4% gross return come completion)
• Completion of the homes likely to be Q3 2023
• Given land titles expectation, buyers would be seeking formal finance approvals in just a few months time 

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