Property Name: The ReserveLocation: Tarneit, VIC Type: 3, 4 bed house and land Expected Completion: 4-6 months after settlement of landTenant Profile: Mainly couples and families with children
The Reserve at Tarneit is the place that offers you the opportunity to experience a refreshing, new way of life. It is a showpiece of urban planning that has been carefully designed to encompass all the best elements of community living within a green, spacious environment. It's the place that offers a contemporary space with room to grow in a convenient location only 30 minutes from the city and Geelong, and just 10 minutes from Hoppers Crossing.
Capital Growth: 14.71% capital growth last year according to the latest Residex market report. Supply cannot meet demand for new supply of house and land and with construction costs going up almost daily, investor returns are extremely robust. Rental Return: An average of 5.8% rental yield for the area.
Rental Return:
The important of the Wyndham and Tarneit areas as high growth centres has been recognised by the State Government and a range of specific growth management plans addressing: the preservation of green space, upgrades to transport networks, the provision of further community facilities such as schools and community centres and the maximisation of the significant role of the area as a major employment centre, with scope for expansion.