Growth & Rentals
Fundamental Review of Growth and Opportunity - Deception Bay Brisbane
Download Fundamental Reveiw of Deception Bay - Nov 2009
PURCHASE COMPARISON
BayLife offers outstanding value for money. Reasons for this includes the land being purchased some time ago when land prices were relatively low at Deception Bay and the opportunity for real value construction in the current economic climate. Both these factors have allowed the final product to be put to market at a far more affordable price.
Price per square metre is in the mid $3,500 per sqm to low $4,000 per sqm compared to Brisbane and other areas at $5,000 or more per square metre. You get real value for money on the Property Maximiser® proposition.
RENTAL COMPARISON
Currently rent levels in the Brisbane area and many other parts of the country are at an all time high and rental vacancy at an all time low. Further construction of new dwellings lags behind rental demand in south east Queensland and is forecast to be an increasing problem. This is for both the affordable accommodation and higher end accommodation.
Predictions are for strong future rental growth particularly in areas which now have a lower base rent than that of inner Brisbane city and inner suburbs. The forecast rents below are in line with what is being achieved in Brisbane city and inner suburbs today.
Based on historical rental growth rates, it is envisaged that the rent on a BayLife 2 bedroom apartment in mid 2011 will well exceed $350 per week and likely closer to $400 per week for the 2 bed 2 bath plus study apartment.
For a three bedroom apartment in 2011 it is envisaged that the rent will be over $400 per week and likely closer to $500 per week.
BayLife represents an excellent investment when assessing these rents based on the purchase of an average 2 bedroom apartment at today's price from just over $300,000 for a 2 bed 2 bath and for a 3 bedroom apartment at today's price at just over $450,000.
Combine this with the capital growth potential, the recipe for an excellent investment exists.
RENTAL COMPARISONS
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Apartments and Plans
These prestigious architecturally innovative apartments will have an elegant contemporary interior fit out inclusive of quality kitchen appliances, wool blend carpets and vitreous ceramic tiles or a timber flooring option depending on your choice.
In addition, all apartments will have reverse cycle air-conditioning, security intercom, pre-cabling for high speed internet access and remote control gate entry to the undercover car park.
The exceptional floor plans are designed for open living and to make the most innovative use of space with apartments to suit singles, couples or family life.
All of this, plus the facilities that the development has to offer including lushly landscaped gardens, resort style swimming pool, state of the art gymnasium, BBQ area and residents lounge just to name a few.
| Floor Plans Download Here | |
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1 Bedroom Apartments |
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2 Bedrooms Apartments |
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3 Bedrooms Apartments |
| Site Plans Download Here | |
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Site Plans |
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Car Park and Storage Plans |
