Lot 5219 Dagelty St Mickleham VIC

Mickleham, VIC, 3064

$ 957,900

Mickleham, VIC, 3064

Property Images

Overview

Property ID: LA-3918

  • House and Land
  • Property Type
  • 2 + OOA
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 207

Details

Updated on Sep 30, 2024 at 12:12 am

Property Type: House and Land
Price: $ 957,900
Land Price: $ 398,000
Build Price: $ 559,900
Gross Per Week: $ 3,439
Gross Per Annum: $ 178,823
Gross Yield: 18.67%
Capital Growth 12 Months: 0.77%
Capital Growth 10 Year Annualised: 5.96%
Vacancy Rate: 1.75%
Property Size: 207 m2
Land Area: 364 m2
Bedrooms: 2 + OOA
Bathrooms: 3
Parking: 1
Title Status: Titled
Property ID: 3918
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

Merrifield Estate

New house and land packages in Melbourne

We’ve taken the hard work out of finding the perfect house and land combinations in Melbourne. Our goal is to bring you the best value house and land packages in the market. Pairing premium blocks with our award winning home designs, it’s a match made in heaven!

Victoria’s largest masterplanned mixed-use community!

  • Merrifield City is here with Coles, Liquorland, Chemist Warehouse, cafe and dining options, dentist, doctor and many specialty stores!
  • Kool Kidz childcare and kindergarten, Gaayip-Yagila Primary School, Holy Cross Primary School and Mickleham Secondary College now open!
  • 4 neighbourhood parks already established and a massive 9.5 hectare Merrifield Recreation Reserve with an off leash dog park.
  • Community programs including a monthly market, sport & fitness groups, community partnership programs, movie nights and events.
  • My Merrifield App – Stay on the pulse of events, delivery timeframes and key services in and around Merrifield. Get exclusive access to special discounts and more if you’re a Merrifield purchaser!
  • Generous referral and repeat purchaser bonuses offered. Receive FREE front landscaping valued up to $10,000!
  • Mickleham North Community Centre now open featuring maternal & health services, preschool, kindergarten, playgrounds and multipurpose activity spaces.
  • 5 signalised intersections already here for a smoother commute.
  • Merrifield Business Park offers employment options close to home at leading companies like Dulux, Ford and D’Orsogna.
Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 5219 Dagelty St Mickleham VIC
City N/A
State VIC
Postcode 3064
Suburb Mickleham

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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.

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