| Villa: a single level dwelling, typically one of a set of connected dwellings (strata or Torrens titled). Usually the villa house will be built to the lot boundary on one side. | |
| VILLA CRITERIA | |
| Type | 2 or 3 bedroom |
| Size | 85 – 160 sqm |
| Target Pricing | $300,000 - $650,000 |
| Preferred Sq/m Rate | $4,000 - $9,500 p/sqm (can vary dramatically by location, quality and land size) |
| Comparable Sales | Extensive due diligence on comparable sales undertaken |
| Contract Process | Single contract |
| DUE DILIGENCE | |
| Local Area | Research suburb, infrastructure, amenities, council plans |
| Estate Developer | Analysis of Estate plans (if in a masterplaned estate) |
| Builder | Analysis of builder home designs, schedule of finishes, completion times, quality |
| Negotiation | Pre-negotiated pricing and special offers for Ironfish investors |
| INVESTOR ESSENTIALS | |
| Capital Growth Targeted Average | Double every 10 years (targeted annual growth average - 7.2% compound growth min.) |
| Rental Return Targeted Average | 5% p.a. |
| Depreciation | Maximized Depreciation reports are organized for Ironfish investors |
| Vacancy Rate | 0 - 2.5% |
| Property Management | Ironfish always recommends an experienced local property manager. Ironfish Victoria and South Australia offer local Ironfish property management services. |
| PROJECT FUNDAMENTALS | |
| Location | Within 10-20 km of a CBD (can vary slightly depending on the city) |
| Amenities | Close to shopping, schools, recreational activities, pool, parks, playgrounds. |
| Employment | Convenient proximity to local employment centres and within a 30 minute drive of a CBD |
| Transport | Within a 10 minute drive to public transport (Car convenience is a priority for families) |
| Security | All properties need to be secure as well as in "safe" areas. |
| Parking | Very important. Single LUG (lock up garage) |
| Tenant Profile | Singles and couples, plus families with maximum 1-2 children. |
| KEY GROWTH DRIVERS | |
| Key Growth Drivers ("X" Factors) |
Designated Urban Renewal Area - any unique additional "value" being added to an area - public or private investment planned? |
| Proximity to water / beach / parkland / views? | |
| New Road Infrastructure to be constructed? | |
| Close to major existing / proposed Shopping Centre? | |
| Close to Major University Campus / Educational institution? | |
What Ironfish Clients Say
"After attending Ironfish’s seminar, I have a fresh understanding of investment. I am fully confident that with Ironfish’s property investment strategies..."
Hector, Accountant
"With Ironfish’s help, I bought my very first investment property and within a few months, my property has already gone up in value by $40,000 – 50,000..."
James, Accountant
"We have so far bought three properties from Ironfish, and it has always been a pleasure to benefit from Ironfish’s professional experience in the property market. "
Francis, IT Professional
"Ironfish not only provide property research information, but also educate their clients on how to invest and manage their individual property portfolios..."
Joe, Financial Planner
Ironfish Offices
Sydney
Melbourne