An Important Read

Hello again!

Before I launch into this email I want to quickly follow on from my email yesterday, the following properties have a hold on them from ‘The Grove’ at Hillcrest.

Lot 4
Lot 18
Lot 17
Lot 20

If you are interested in any property in Brisbane, be it through our referral partners, or anything that you have sourced yourself, don’t wait on it. More importantly, don’t let FOMO, Fear of Missing Out, entice you to purchase a property you are not ready for. Please talk to one of our advisers to look at cash flow forecasts and where the property fits into your portfolio. It also helps to talk to one of our mortgage brokers at the same time in order to ascertain your borrowing capacity.

Contact Matt Paul here if you would like to speak to one of the Advisers or brokers at Hudson.

I have another Brisbane opportunity brought to us by The Hopkins Group. Hudson have worked with the Hopkins group for the last 25 years and this is an off the plan apartment complex, 6km from the CBD, Yerongpilly Green Riverside. The Hopkins group property investment specialist Stephen Phillips has put together the below information regarding this opportunity. This brief appears to deliver pandemic appeal in its proposed lifestyle features over the next few years. Most of this stock will be gone by the end of the weekend, I can't stress this enough with this development.

The investment opportunity that we brought to you through Mirvac (through Michael Taylor), the Ashford, In Brisbane, last year, has seen the next stage go on sale for $100,000 more on average. If these sorts of developments get your consideration, there is definitely an advantage in getting in on the early stages.

Yeerongpilly Green Riverside – by the Hopkins Group

Brisbane's property market is booming - rental vacancy rates are down to just 1.3%, which are the lowest they have been since February 2007 (right before the GFC), and, rents are at an all-time high.

Net interstate migration to Queensland was +7,035 in the March 2021 quarter alone, South East Queensland continues to far surpass its southern neighbours with both NSW and VIC reporting a decline of -4,463 (NSW) and -4,864 (VIC) (Source: ABS.com).

Brisbane apartments have been boosted on the back of surging interstate migration, recording a gain of 15.9 per cent since the onset of the pandemic.

Recent analysis by Corelogic found that in more than 190 suburbs around the country, apartments are now exceeding house price growth, with the most affluent areas posting the sharpest gains.

We anticipate the Brisbane market will face strong medium- term rental pressures over the next 3-5 years as demand continues and little new rental supply is added.

At The Hopkins Group, we have access to an off-the-plan opportunity in Brisbane that we believe is worth your consideration, with construction commencing shortly and completion anticipated the first half of 2023. .

The benefits to buying off the plan opportunities

In a market such as we are seeing now, when you buy off the plan, you lock in the price now and capitalise on your property growing in value up until settlement and beyond.

It also protects you against increasing building costs in the near future - building costs in Brisbane have risen 30% over the past 12 months and are continuing to increase.

Introducing....Yeerongpilly Green Riverside!

A 14-hectare master planned riverside precinct transformed into a village within a suburb – a village that will position itself as a music and arts hub for the entire city, complete with retail and commercial space, a dining strip, open green space and 1200 new dwellings.

This is a staged development over the next 10 years and historically in our experience clients often achieve the greatest property growth purchasing at the earlier stage releases.

“Yeerongpilly Green” is the second major urban renewal project in Brisbane for Consolidated Properties Group, following its successful $650 million Cornerstone Living project in Sunnybank, which, like Yeerongpilly Green, is also in partnership with the state government and CVS Lane Capital Partners.

Suburb Profile

Falling along the main thoroughfare just 6km from the Brisbane CBD, Yeerongpilly is ideally situated close to an abundance of restaurants, cafes, shops and services.

Transport infrastructure is a key strength of Yeerongpilly, with Yeerongpilly train station directly adjacent to the Yeerongpilly Green development and major bus lines close by.

For families, there are both public and private schooling options close at hand, including Yeronga Primary and High Schools and Our Lady’s Catholic College.

Yeerongpilly also offers premium accessibility to prominent educational institutions and health precincts, including the Princess Alexandra Hospital, one of Australia’s leading teaching and research hospitals employing 8,865 full time staff, and the University of Queensland, with 47,847 student enrolments in 2018.

The development of the Cross River Rail and proposed Brisbane Metro will bolster connectivity between Yeerongpilly Green and key employment nodes across Brisbane.

From a walkability perspective, Yeerongpilly is located along the Brisbane River within walking distance to the Queensland Tennis Centre, Brisbane Golf Club, and the Brisbane Markets.

New units within the catchment registered a median price of $640,000 as at March 2019 quarter. This represented an annual growth of 5.5% over the five years.

The catchment has also registered strong long-term growth for new units displaying an annual growth of 4.8% over the 10 years to March 2019 (Source: Urbis Report).

About the developer

Consolidated Properties Group has a 40-year track record of developing high-quality, landmark residential, retail and commercial projects spanning Australia’s Eastern Seaboard and beyond.

The privately owned company has delivered over 200 projects valued in excess of $3 billion and is at the forefront of creating places where people love to live, work, shop and play. These developments are all characterised by exceptional design, uncompromising quality and on time / on budget delivery.

If you are interested in talking with Stephen Phillips from the Hopkins Group, please let me know here and I will organise for Stephen to give you a call.

General Advice Warning: Information contained herein is general financial product advice and does not take in to account individual situations, needs or goals. It should not be relied upon and persons should satisfy themselves through independent means that any decisions based on this material are appropriate. We recommend that you consult with your qualified and licensed Hudson Adviser who will be able to make a recommendation based on your specific circumstances.

Disclosure: Hudson Financial Planning is not a stock broker. The research for our stock recommendations is collected from various sources: Intelligent Investor, Morning Star, Ord Minnett, ABN Amro Morgans and Citigroup. Employees of Mainview Securities Pty Ltd currently hold shares in the following ASX Codes: ASX Codes: CAJ, EWC, HSN, NAB, QBE, TLS, VRT, GXL, FLT, PDL, AD8, VHT, MVP, ALQ - Managed Funds APIR Codes:- FSF0041AU, FSF0035AU, FSF0264AU, FSF0877AU, FSF0876AU, FSF0877AU, FSF0090AU, FSF0873AU, FSF0924AU, FSF0244AU, FSF0228AU, FSF0873AU, FSF0795AU, FSF0043AU, FSF0505AU, FSF0220AU, FSF0233AU, FSF0409AU, FSF0484AU, FSF0468AU, FSF0469AU, FSF0891AU, FSF0892AU, FSF1085AU, FSF0969AU. This is not a recommendation.

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