Lot 26 Barwon Heads Road, Armstrong Creek VIC
Armstrong Creek, VIC, 3217$ 942,400
Overview
Property ID: LA-3916
- House and Land
- Property Type
- 2 + OOA
- Bedrooms
- 3
- Bathrooms
- 1
- Cars
- 171
Details
Updated on Sep 30, 2024 at 12:12 am
Property Type: | House and Land |
---|---|
Price: | $ 942,400 |
Land Price: | $ 419,000 |
Build Price: | $ 523,400 |
Gross Per Week: | $ 3,472 |
Gross Per Annum: | $ 180,530 |
Gross Yield: | 19.16% |
Capital Growth 12 Months: | N/A |
Capital Growth 10 Year Annualised: | 0.26% |
Vacancy Rate: | 3.04% |
Property Size: | 171 m2 |
Land Area: | 396 m2 |
---|---|
Bedrooms: | 2 + OOA |
Bathrooms: | 3 |
Parking: | 1 |
Title Status: | Titled |
Property ID: | 3916 |
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 Information
Waterbank Estate
An exclusive new community located within sought-after Armstrong Creek – minutes away from stunning beaches and convenient amenities.
You’ll love exploring everything Geelong and the Surf Coast has to offer from your new address at Waterbank, Armstrong Creek.
Shopping and Retail
The Village Warralily is located only 500m away, a short walk across the road to access all your retail essentials.
Nature and Recreation
30kms of bike tracks, multiple nature reserves, waterways and beautiful beaches all to explore all on your doorstep.
Transport
Located only 5 minutes by car to Marshall Train Station and less than 15 minutes drive to access the Ring Road.
Education
Walking distance to Childcare, Primary School and Secondary School – Waterbank is in close proximity to all your education needs.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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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.