News

Investment Opportunity: Below Current Market Value in Ballarat VIC – One left 🏡🏠🏡

November 20, 2019

Only 1 left: Tenant ready House and Land Package – $399,900

Hey there,

I hope you’re having a great week.

Two years ago, a developer purchased a medium-density site in Champions Estate, Winter Valley, Ballarat. They have subdivided this land into 8 freehold house and land lots and are expecting titles within the next week or so.

What is great, is that they have kept the price of these packages the same as when they first determined their value back 2 years ago. In that time there has been a significant increase in land value.

To put this into perspective, the land component (346m2) is still priced at $126,000. The latest land sales price list for this Estate has just been released with comparable blocks priced at $160,000 which won’t be titling for at least a year.

In addition to this, the location of this Lot is going to be highly sought after within close walking distance to the future town centre, childcare and medical centre. Check out the Prospectus.

BALLARAT , VICTORIA

There’s so much going for Ballarat – full time employment, government development plans, plenty of local amenities, easy access to Melbourne.

What’s significant is Development Victoria is currently building a new government office precinct in Ballarat’s CBD. It will accommodate up to 1,000 employees.

Add to this, Ballarat has record low vacancy rates as more Melburnians move in for the good lifestyle and great schools.

DRILLDOWN: WHAT MAKES THIS A GOOD INVESTMENT?

  • Genuinely priced well below current market value
  • Predicted 6.7% increase in property values in 2019 (Moody’s Analytics forecast)
  • Ballarat unemployment rate is 4% – considered ‘full employment’ by the ABS
  • Government decentralising departments to Ballarat
  • Ballarat Base Hospital undergoing $461.6 million redevelopment
  • Ballarat West Employment Zone (BWEZ) – expected to create up to 9000 jobs and inject $5 Billion per annum into the local economy.
  • Proposed future high-speed train to Melbourne. 

ABOUT THE AREA
Winter Valley

  • 8 minutes drive to Ballarat CBD
  • 5 minutes to Delacombe Town Centre
  • Walking distance to future neighbourhood shopping centre
  • 10 minutes to BWEZ

Bottom line: This low entry point ($399,900) for one of Victoria’s fastest- growing regional areas is an incredible opportunity.

Strategy

Low entry point investment with solid yield. Capitalise on the migration of population from Melbourne for affordability and employment opportunities.

Is this the right investment for me?

This opportunity is not for everyone.

Although it’s an investment at an exceptionally affordable entry price point in a strongly developing regional city, it needs to suit your strategy and situation.

Would you like to find out whether Ballarat is a good fit for your investment strategy?

Book in for your free, no-obligation call at your convenience – find out if this unique opportunity can add value to your investment portfolio.

Cheers,
John

 

Back to News Page

IFP Advisory is a qualified member of the ASPIRE Advisor Network. ASPIRE is an industry leading network of qualified, experienced and ethical Advisors who provide quality,unbiased investment advice to their clients and assist them in facilitating the acquisition of appropriate assets.