Your Property Future - Investment Strategies for Tomorrows Market
October 2nd, 2008Your Property Future – Investment strategies for tomorrows market!
Thank you again for taking the time to read this newsletter. It continues to be tough going for the property market, with international uncertainties in the stock market and finance area. Scott Keck, Charter Keck Cramer’s managing director made the following observation as reported in The Weekend Australian Financial Review, Page 16, 20-21 Sept. 2008:
“Bricks and mortar may lure stock market refugees.”
As investor confidence in the share market wavers, renewed interest will come. Scott Keck, said “history had proved that stock market cynicism led investors to spend their cash on the safer bricks and mortar option. Now with the Wall Street meltdown, and as happened immediately after the 1987 crash, there will most certainly be a huge flight to direct ownership of real estate. That real estate boom was characterized more by a commercial property boom and collapse, whereas this time we’re going to see a residential property boom and no collapse”.
Australian Property commentators are in agreement that the fundamentals such as our strong economy and the chronic shortage of housing will mean that property values will rise in sort after locations. Once again it will be the law of supply and demand that will cause rents and property values to increase.
Now is the time to take up one of our “PROPERTY INVESTOR OPPORTUNITIES” or learn how to create your own investment property by developing property yourself.
In this newsletter:
Let me remind you again about our final Introductory PROPERTY DEVELOPMENT WORKSHOP to learn how to develop property yourself. YOUR PROPERTY FUTURE “Wealth Creator Magazine is presenting another series of Special Events for property investors. The title of the series is: “Today’s Guide to Investment Strategies for Tomorrow’s Market”. INVESTOR OPPORTUNITIES in our current projects are still available. One is in the Western Growth Corridor of Brisbane. The other in the township with powerhouse potential and huge economic benefits (Bowen in North Queensland). 1. Final Workshop for the yearI will conduct the final introductory workshop for the year in Melbourne on November 22nd. We have already had a number of registrations including some from interstate (as I will not be able to conduct Sydney or Brisbane workshops until next year). At this final workshop I will show again how property development involving subdivision, can really create investment property like no other strategy. I will explain it in enough detail to enable even first timers to get involved. For those who have their projects or some experience you will learn more to help fast track new projects.
Here is a testimonial from an attendee from our last Melbourne Workshop:
“My wife and I recently attended the Developer’s Workshop and were delighted with the quality and quantity of information presented. The workshop really opened our eyes and has given us confidence as to how far we can go with our own projects. Peter is very giving with his time and knowledge and you can tell that he is passionate about what he does, and about helping others. We would highly recommend the seminar to anybody who is interested in property development.” - Max Giordano July 2008
Since attending our workshop Max has already purchased a development site and lodged an application for a multi unit development. Come along to the Workshop and find out how to do this for yourself.
Final Workshop for 2008: VIC, Melbourne 22nd November2008https://www.smartpropertydevelopment.com/workshops/book?eventId=15If you have questions about our Workshop please call (03) 9893 4757.
2. “Your property future”. Wealth Creator Property Seminars on the following dates: Melbourne Saturday October 11th 2008 Sydney Saturday October 18th 2008 Brisbane Saturday October 25th 2008
How to structure your financing Using trusts to your advantage How to get into property developing Investing interstate Positive cash flow investing Solutions to investing in a changing economy Why finance is the reason investors invest in properties Why would an investor become a property developer? and much, much more
I along with a number of other presenters will be giving you an up to date guide as to the best way in today’s market to invest in property. Not only will you find out how, but where to invest. Information that you will receive will help you optimize investment opportunities and avoid the traps in an emerging new property investment landscape.
Book directly with Wealth Creator by clicking the link below
www.wealthcreator.com.au/property-seminar
According to the current schedule I will be presenting in Melbourne in the afternoon at 4:30 pm. In Sydney in the morning at 9:40 am and in Brisbane in the morning at 11:00 am.
I look forward to seeing you there.
STOP THE PRESS: Peter Quilliam host of this event has set aside a number of seats in each of the states that he will offer you for FREE.
Places are limited and will fill quickly. Call Peter Quilliam from Wealth Creator now on 1300 76 79 75 to reserve your place.
Please note, this offer is not available online.
3. Investor Opportunities
The setting could not be more picturesque.” “The Seabreeze Estate provides a unique opportunity in Bowen to enjoy an idyllic Whitsunday lifestyle in the sought after Queens Beach area. “Enjoy a lifestyle normally reserved for more up market developments, without the price tag”“Simply a great place to live”.As an investor who wants to develop in good growth locations with good yields I have included another reminder of why I have chosen to develop and invest in this Queensland location.Please see the following link titled “Lights Camera Action: BOWEN”. It was in the Queensland Property & Lifestyle Magazine:
In our Seabreeze Estate I have reserved another four Lots at Special prices for readers of this newsletter. The prices for the Lots are $125K and $130K. Packages for House and land start from $325K.
Because of demand for housing in Bowen rental returns in this Estate will be high from $450+ per week for houses in our Estate.
The construction of the Estate has just commenced. The first houses will be under construction by the end of 2008. Don’t miss this “Special Offer”. Make sure you secure your opportunity NOW to avoid disappointment.
Click on the following links for up to date info:
Expression of Interest Seabreeze Estate
Detailed House and Elevation Plans for Type A Houses:
Detailed House and Elevation Plans for Type B Houses:
Detailed House and Elevation Plans for Type C Houses:
Detailed House and Elevation Plans for Type D Houses:
Plan of the Estate below showing the house sizes (Stages 1 & 2):
Double Storey Lot 59 - Ground Floor
Double Storey Lot 59 - Upper Floor & Elev
Double Storey Lot 75 - Ground Floor
Double Storey Lot 75 - Upper Floor & Elev
Double Storey Lot 77 - Ground Floor
Double Storey Lot 77 - Upper Floor & Elev
Print off the Pricelist, Plan of the Estate, the House Specifications, and then call us. Other House Plans available onrequest
CONTACT ME ON MOBILE: 0408 342 729 OR THE OFFICE:1300 8802 99 02
FOR FURTHER DETAILS.
(2) “Ironbark Ridge Estate”
DON’T MISS A GREAT INVESTMENT OPPORTUNITY IN A TARGETED GROWTH LOCATION
The Ironbark Ridge Estate is in the right place. This area is earmarked for substantial growth in the future. Read the following from :The Australian Financial Review, Page 69, 23 September 2008
“2008 Wingate plans Queensland Town Centre. Wingate Properties will be the first company to Seek development approval as part of ’s biggest master planned community, Ripley Valley, near Ipswich in Queensland. The Queensland government gave the 5200-hectare project, which will eventually be home to about 120,000 people, the green light at the weekend, fast-tracking the first of 17 sites earmarked to take up the state’s growing population. Wingate, which owns about 200 hectares of land in Ripley Valley, either on its own or with joint-venture partners such as Babcock & Brown and Payce Consolidated, will be the first to submit a development application plan for the area’s town centre. Ripley Valley, 5 kilometres south-west of Ipswich, is expected to soak up 10% of south-east Queensland’s population growth over the next 20 years. The government expects an additional 1 million residents to move to the region over the next two decades –one-quarter to the state’s western corridor, and of that 120,000 to Ripley Valley.
This article gives hope for investors to buy and build in a targeted growth location. You can be sure land costs, council fees, and estate construction costs will continue to rise. With the expected growth in the area you can be sure there will be tenants willing to pay a good rent for your investment property. By buying directly from us the developer you will not be paying a marketer to introduce you to a good deal.
Check this link on our Ironbark Ridge Estate website:
www.ironbarkridgeestate.com.au/Ipswich_Council_Presentation
What are the valuers saying? Read a recent report from LandMark White:
“Recent results provided by the Real Estate Institute of Queensland (REIQ) indicate this softening in the Brisbane housing market with Median house prices declining 1.7% to $420,250 in the Brisbane SD area. Sales rates in the Brisbane region have fallen significantly since the start of 2008 with the preliminary number of sales down almost 20% in the 2007/08 financial year when compared to the previous year. The most recent peak in sales occurred in the March quarter of 2007 where 12,242 sales transacted however sales rates declined from this point during 2007 as a result of limited stock and in 2008 a lack of demand.
Sales of vacant urban residential land parcels in the range of 250 sq m to 2,500 sq m have remained within a median range of $180,000 to $210,000 since the end of the last residential property boom in 2003. Land parcels in Brisbane City and Redland Shire continue to be the most expensive with a median price of $250,000 and $305,000 respectively, owing to the strong demand for the limited parcels which become available. Land in parts of Ipswich and Logan City still remain the most affordable with median prices of $172,000 and $192,000 respectively per lot. Since the availability of the last data, values have leveled off with most developers unwilling to discount prices.
LandMark White anticipate the landing will be quite soft across most market sectors due to the strong fundamentals in the Brisbane market including population growth, under supply of housing and a strong rental market. In the medium term, the only prospect of a change in the market is for the Reserve Bank to soften interest rates further. This now seems more possible however there is a perception that as interest rates fall further, the price growth seen over 2007 will return.”
The Ironbark Ridge Estate in Mary Street Blackstone is nearing completion.
Any remaining building lots are now available with a $5,000 discount for investors and builders looking to pick up a bargain in this ideal location.
THE DEAL:
The few remaining blocks of land available in Stages 1 & 2 are now effectively selling at an average price of $164,000 ($169,000 less the $5,000) Several lots have sold for as high as $175,000.
Investors, we have builders, who can build superb rendered homes, for example,
1) 223 sq m (24SQ) sq home with 4 beds, 2 bath, 3 living area, double lock up garage, patio under main roof, for $183,000
2) 183 sq m (20 SQ) with 4 beds, 2 baths, 2 living area, and double lock up garage, patio under main roof, for $163,000.
Both these prices INCLUDE a FULL INVESTORS PACK with Landscaping Water Tank, Screens, Driveways, Fencing Letter box, Clothes line etc.
The total construction price $327K or $347K
Value at Completion $380- $410K
Ironbark Ridge has been developed to retain the natural environment inclusive of its undulating contours and unique variety eucalypts that are native to this area, the site is also located close to the city centre of Ipswich and the Cunningham Highway.
THE DEVELOPMENT TIMING:
All documents required for the sealing of plans for Stages 1 and 2 have been submitted to council, and we expect registration of titles within 2 weeks. All work on Stages 1 and 2 has been completed.
Not many blocks are left; don’t miss an opportunity to purchase an investment property on the Brisbane side of the Ripley Valley Growth Corridor, where 50 billion dollars is slated for development.
THE LOCATION:
The Australian Property Investor May 2008 had an article entitled THE BLESSED WEST. “Labeled ‘Hot and Happening” by those who know, the city of Ipswich in Brisbane’s west is set to grow almost three times faster than the rest of Old in the coming years.
Our estate is 700 meters from the Cunningham Hwy exit. The Cunningham Highway connects to the Ipswich Motorway which is currently being extensively upgraded. This upgrade will be completed next year, which will reduce travel times to the city from out Estate to 40 minutes. But with so much development in the area, the capital and rental growth is assured.
Rents for 4 bedroom homes in this region are currently at $330+ per week, but with vacancy rates low, and housing limited rents are on the rise
26 Mary St Blackstone, Brisbane UBD MAP Reference 234 H2 Close to Cunningham Hwy, see more details on by clicking this link:
www.ironbarkridgeestate.com.au
DON’T MISS THIS GREAT INVESTMENT OPPORTUNITY
CONTACT ME ON MOBILE: 0408 342 729 OR THE OFFICE:1300 8802 99 02
FOR FURTHER DETAILS.
Investors willing to take serious action amidst the current uncertainties will reap significant benefits from well researched development and investment opportunities. For those who know me and the foray I and a number of others made into Geraldton in Western Australia several years ago, can see the same significant capital growth and investment yield opportunities presenting in North Queensland where the full impact of the Mining Boom is having effect. I wish you well with your property investing and property developing Endeavour’s.
— Peter Comben, Property Developer