A smart property investor knows that the best way to maximise equity growth is to invest in the right location at the right time. Picking the right spot at the right time can be tricky without sufficient research and knowledge, but don’t worry we’ve got you covered!
Yanchep is poised for growth – it was named the fastest growing suburb in the state and the third fastest growing suburb in the country in 2016. Combine the newly opened Mitchell Freeway extension and the planned widening of Marmion Avenue into the mix, and Yanchep will grow even more.
But the real catalyst for future growth is the railway line extension. Interest in Yanchep spiked when the WA State Government confirmed the railway extension to Yanchep is going ahead with expected completion by 2021.
We know that investment in community infrastructure and particularly train stations, play a huge role in housing growth. The suburb of Butler is a great example of this.
When plans were announced to extend the railway line to Butler in 2009, property sales volumes increased almost 130% from the previous four-year average. When construction of the station was completed in 2014, the average per square metre rate climbed from $499 to $810!
If Butler nearly doubled in value after just five years, imagine how much Yanchep’s land value will soar being coast side of Marmion Avenue and just hundreds of metres to the beach.
If history is anything to go buy, now is the time to get on board!
To get in ahead of the crowds, call Richard on 08 9561 6018 today.