House & Land Package 1+1 = 2.2 – 4 Bed, 2 Bath, DLUG

​

As outlined in the, Believe? Then Get in Early project, these started with a hypothesis that a new estate on the fringe or the current urban footprint would increase in value once activity was established. Furthermore, its commonly know that when governments invest in large infrastructure, the surrounding real estate values rise due to the increased amenity provided, but also jobs, both during and after construction. There has been much hype about the huge and uplifting effect of the Sunshine Coast University Hospital, however, there was a time when it didn’t exist, but in my opinion was absolutely coming. How did I know? Simply, I made it my business to find out. I asked the land developer, the local politicians and even the private hospital service provider. On this basis, I kept investing around it before it was news. Once announced, I moved elsewhere as the sheep were lining up (see the Believe, then get in Early projects for more explanation); although, checking out at that stage wasn’t necessarily the best idea as there was plenty more growth to come which I missed out on. An early example is when the Queensland State Government finished the Petrie Creek bridge extension at Strathpine, coinciding with three lane road widening through to Caboolture. In the following months, enquiry, leading to sales and leading to price growth, grew some 40% AFTER it was complete. It seemed that despite motorists driving through these works and enduring its frustration for years prior to completion, its anticipation wasn’t enough for most to consider the long-term benefits. Only afterwards did they consider that it’s now faster to get into town and cheaper further away, so let’s buy out there! This home was the first land release on the recently completed Kawana Rowing Lake. Sticking to the formula that had worked successfully, we designed a four bed, two bath, DLUG home which was rented for about two years before selling for a net return of about 25% in the GFC. It’s value now, 10 years later, has comfortably doubled.