Overview
Property ID: LA-3974
- House and Land
- Property Type
- 3+OOA
- Bedrooms
- 4
- Bathrooms
- 2
- Cars
- 240
Details
Updated on Nov 08, 2024 at 09:18 am
Property Type: | House and Land |
---|---|
Price: | $ 1,010,000 |
Land Price: | $ 315,000 |
Build Price: | $ 695,000 |
Gross Per Week: | $ 3,176 |
Gross Per Annum: | $ 165,171 |
Gross Yield: | 16.35% |
Capital Growth 12 Months: | -6.25% |
Capital Growth 10 Year Annualised: | 5.52% |
Vacancy Rate: | 1.35% |
Property Size: | 240 m2 |
Land Area: | 435 m2 |
---|---|
Bedrooms: | 3+OOA |
Bathrooms: | 4 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 3974 |
SKU: | 2000 |
Description
NDIS – SDA – High Physical Support
SDA Accommodation:
An SDA home, which stands for Specialist Disability Accommodation, is a type of housing designed to meet the specific needs of individuals with significant disabilities who require high-level support and specialised accommodation. Under the National Disability Insurance Scheme (NDIS), SDA aims to provide suitable housing options for participants with complex support needs.
High Physical Support Housing:
High physical support housing includes a high level of physical access for people who need very high levels of support. For example, you may need a ceiling hoist, backup power supply, or home automation and communication technology.
Benefits for Participants:
Improved Quality of Life: SDA homes are tailored to provide accessible and inclusive living environments, promoting independence, comfort, and safety for participants.
Benefits of the NDIS:
Cost Effectiveness: SDA aims to reduce the overall cost of disability support by providing suitable housing options. Offering appropriate accommodation can help prevent or minimise the need for more expensive, institutionalised care settings.
Benefits for the Community:
Inclusion and Accessibility: SDA homes create inclusive communities by providing accessible housing options for individuals with disabilities. This promotes social integration and enables participants to participate more fully in community life.
Benefits for Property Investors:
1. Sustainable Financial Returns: Investing in SDA homes can provide property investors with stable, long-term rental income due to the ongoing demand for specialised accommodation for individuals with disabilities.
2. Secure Tenancy: SDA homes often come with secure, long-term tenancy agreements, providing property investors greater stability and reduced vacancy rates.
3. Ethical and Social Impact: Investing in SDA homes allows property investors to make a positive social impact by supporting individuals with disabilities and creating inclusive communities.
4. Government Support: The NDIS provides financial incentives for property investors who choose to invest in SDA homes, offering potential financial benefits and enhancing the viability of such investments.
Overall, investing in SDA homes can offer property investors a combination of financial stability, social impact, and government support, making it an attractive investment option.
You can read more about NDIS/SDA here: https://latitudeproperty.com.au/tag/ndis/
Estate & Location Information
Alto Estate
Alto is conveniently located within walking distance to Ballarat’s renowned DTC (Delacombe Town Centre) which houses a major shopping centre with many retail brands your family will enjoy.
Everything you’ll ever need is right on your doorstep. Alto is ideally located a short walk to the popular DTC (Delacombe Town Centre), home to big retail brands such as Kmart, Woolworths, Bunnings, Dan Murphy’s, Showbiz Cinemas and more. We’re also a cruisey 10-minute drive from Ballarat CBD, with its access to all the amenities.
At Alto, staying active in the great outdoors couldn’t be easier. We’re located on the banks of the Kensington Creek Corridor, and within easy reach of parks and recreational activities. These include the proposed Winterfield Sports Precinct, Alfredton Recreation Reserve, and Haddon Common Bushland Reserve, where you can ride a bike or enjoy a BBQ with the family.
We invite you to discover Ballarat’s charming gold rush history. Walk along its majestic streets and boulevards. Stroll through the Botanical Gardens and take in the sights of Lake Wendouree. Stop for a picnic in Victoria Park and find inspiration at the Art Gallery.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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VIC, 3350ENQUIRE ABOUT THIS PROPERTY
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.