Presents an investment opportunity in Geelong, the leading commercial centre for South-East Victoria.

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GEELONG
... "No longer Melbourne's poor cousin."

The Opportunity

• Affordable townhouse packages starting from $299,990.
• A variety of floor-plans for two and three bedroom homes.

Economy & Employment:

• Over 15,000 businesses operate in the Geelong region, employing over 94,000 people.
• More than $1billion worth of planned infrastructure in the pipeline for the region.
• Proposed relocation of motor vehicle import/exports from Port Melbourne to the Port of Geelong, increasing port activity by 55%.

Population & Demographics:

• Affordability will play a key role in the increased population growth of the region with the average house price $120,000 less than nearby Melbourne.

Infrastructure:

• $694 million Geelong Ring Road continues to provide improved accessibility to the region, including the $79 million proposed 4c Ring Road Extension to the Surf Coast.
• $4 billion Regional Rail Link upgrade will allow rapid access to the City of Geelong.
• $67 million proposed extension of the Waurn Ponds shopping centre.
• $56 million upgrade to the St John of God Hospital commenced in January 2012.

Location:

• 75km south-west of Melbourne.
• Victoria’s second largest city.

Price & Terms:

• 2 1 1 Affordable entry prices starting from $299,990.
• 3 1 2 Affordable entry prices starting from $339,990.

Return on Investment:

• Capital Growth of 8.7% p.a. in the ten years to November 2011.
• Proximity to Melbourne city, combined with affordability and improved infrastructure, creates a strong platform for growth in the region.
• Demand for smaller, manageable housing, such as townhouses, is expected to continue from the baby boomer demographic.

Yield:

• Median rental yields of 5.3% are indicative of an active rental market, with 19.7% rental of all properties being rentals in certain areas.
• The region continues to boast low vacancy rates of 2.1%, particularly favourable when compared to the Melbourne vacancy rate of 9.4%.

At Investment Property Partner, we use proven research methodology to select the right property for our Clients.

If you would like to discuss this opportunity and its suitability to your circumstances, please to register your interest.

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