The Highlands Estate Springfield Rise
This house and land package is based on –
Land – $236,000
Land Size – 448sqm
House Build – $236,500
Total package price of $531,000
Estimated Rent $400 per week
Other lots and designs are also available and prices vary.
The ‘invest from’ cost per week is based on –
Separate (split) contracts for house and land), combined income of $100,000 and $45,000 with ownership split 99% to the highest income earner, midpoint of rent estimate, 2 weeks vacancy rate, $12,000 of interest costs during construction, total amount borrowed includes purchase costs, nil cash deposit, 4.6% interest only rate, council ($1,800), strata ($4,000 on units only), water ($200), building and landlord insurance of $900, and estimated depreciation benefits (2019 built 180sqm house) – $11,000. Cost is based on first year of ownership.
Subject to credit approval.
Source – Prowealth Property Investment Calculator.
Just 30 minutes from the Brisbane CBD via the Centenary Highway is the award-winning, 12,00 hectare master planned community of Springfield Lakes. Already the fourth fastest growing urban area in Australia and situated with Greater Springfield, the fastest growing region in South East Queensland, Springfield Lakes is positioned for Tremendous growth.
Over the next 5 and 10 years, the population of Springfield Lakes is expected to increase by 11.46% per year and over 1.96% over the next 10. This massive growth rate has skyrocketed Springfield Lake’s estimated 2036 population to more than 56,000.
Springfield Lake’s future population will be supported by thousands of residential dwellings currently in the pipeline. Also supporting the population will be multi-million and billion dollar projects and various businesses or companies, which will introduce 30,000 or more new jobs to the area. In fact, stemming from a predicted 120% employment growth, between 30,000 and 60,000 jobs could be made available between 2006 and 2026.
Travelling to the Brisbane CBD and Ipswich CBD is a breeze with the directly accessible Centenary Highway. Via the highway, the Ipswich CBD is a 26 minute drive north-west of Springfield Lakes, while Brisbane CBD is a 30 minute drive away. Residents of Springfield Lakes not only benefit from it’s convenient location beside the Centenary Highway, but also from a diverse range of amenities within minutes of the Lake’s CBD.
Springfield Lakes Hot Points
• 4th fastest growing urban area in Australia
• $11 billion dollars worth of investment to date
• $85 billion worth of investment upon completion
• Annual Population growth rate of 11.5%
• 10 private and public schools
• 2 universities (University of Southern Qld Springfield and University of Southern QLD Ipswich)
• TAFE Queensland South West
• 13 local parks
• Mater Hospital Springfield
• Mater Health Centre
• Public transport – train and bus
• 2 shopping centres (Springfield fair shopping centre and Springfield Marketplace)
• So much more
Looking for an investment property?
Prowealth offers a full range of properties including houses, duplexes, units, apartments and townhouses for the everyday investor.
Heavily researched and carefully hand picked, all properties Prowealth offers are full turn key meaning they come with all the inclusions you need with your investment and is ready for your tenant to just move in. No additional costs, no extra items it’s that simple.
Prowealth has been around for 25 years and will be around for many more.
Prowealth’s formula has four key elements to it.
We help you legally minimise your tax, through structures and incentives at both a state and federal level.
We ensure your finance is setup correctly from day one to grow your investments and protect your home.
We get the details right. Research, Location, inclusions, infrastructure, cashflow through to property management.
Our purpose is to improve your financial position through property.
Our process makes it stress free for you to get started or keep going.
Our formula has presented more families the opportunity to be financially free than any other Property Investment company in the country. We can help you too.
If you’re interested in learning more, we’d love to speak to you.
Prowealth. Trusted Property Investment Advice since 1994.
Photos and floorplan are indicative only. Price correct at time of publication.
Prowealth Stock Code – Piv