Lot S521 Hurst Drive, Tarneit VIC

VIC, 3029

$ 1,003,175

VIC, 3029
Lot S521 Hurst Drive, Tarneit VIC-0
Lot S521 Hurst Drive, Tarneit VIC-1

Property Images

Lot S521 Hurst Drive, Tarneit VIC-0 Lot S521 Hurst Drive, Tarneit VIC-1

Overview

Property ID: LA-3749

  • NDIS
  • Property Type
  • 2+OOA
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 181

Details

Updated on Oct 30, 2024 at 05:53 pm

Property Type: NDIS
Price: $ 1,003,175
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 3,772
Gross Per Annum: $ 196,128
Gross Yield: 19.55%
Capital Growth 12 Months: -0.75%
Capital Growth 10 Year Annualised: 5.96%
Vacancy Rate: 2.39%
Property Size: 181 m2
Land Area: 294 m2
Bedrooms: 2+OOA
Bathrooms: 3
Parking: 1
Title Status: December 2024
Property ID: 3749
SKU: 2000

Description

NDIS – SDA – Robust

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.

Robust Housing:

Robust offers housing that is strong and durable, reducing the need for repairs and maintenance. The way it is built should make it safe for you and others. This type of design category may suit people who need help managing complex and challenging behaviours. We think about how often you currently cause property damage, and the extent of the damage.

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/

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 S521 Hurst Drive, Tarneit VIC
City N/A
State VIC
Postcode 3029
Suburb N/A

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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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