Belivah,QLD-Potential Investment Location?

Discussion in 'Where to Buy' started by radioactive, 11th Oct, 2019.

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  1. radioactive

    radioactive Well-Known Member

    Joined:
    3rd Mar, 2018
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    217
    Location:
    Perth

    About Belivah


    An emerging community and high amenity neighbourhood surrounded by green space and close to services, employment, education and transport.

    A. Strategic Location
    Strong connectivity linkages via the Pacific Motorway (M1) and Beenleigh Gold Coast train line to the Brisbane CBD and Gold Coast/ Pg 02

    B. Population Growth
    Logan LGA will grow by 2.3 percent per annum over 20 years/ Pg 03

    C. Employment
    Close to significant local employment precincts and within the commuting distance to Brisbane CBD and the Yatala Enterprise Area / Pg 03

    D. Residential Market
    Logan LGA median house and land price recorded strong growth of 6.4 and 6.9 percent respectively over 20 years / Pg 04

    E. Rental Price Growth
    Tight residential rental market across the Lodan LGA with a vacancy factor of 2.1 percent. / Pg 04

    CONNECTIVITY & ACCESSIBILITY
    Bahrs Scrub
    Logan LGA has one of the strongest population growth rates across South East Queensland

    Located within the rapidly growing southern corridor between Brisbane and the Gold Coast, Bahrs Scrub will provide residents with a community lifestyle within a high amenity, well-integrated residential neighbourhood.

    Only three kilometers from the regional centre of Beenleigh, residents can access the Beenleigh Gold Coast train line to commute to either Brisbane (Beenleigh to Central Station 48 minutes) or the Gold Coast (Beenleigh to Helensvale Station 17 minutes), Stage 2 of the Gold Coast Light Rail (G:Link) will be completed early 2018 and allow residents of Logan to commute to the beach by train and tram. The Pacific Motorway (M1) is less than 5-km from Bahrs Scrub, providing a direct link to employment nodes of Brisbane CBD, Yatala Enterprise Area and Gold Coast. Within close proximity is the Logan Motorway providing access to western employment nodes.

    EMPLOYMENT
    Forecast employment across the region is expected to increase to more than 88,700 jobs by 2031. In addition the nearby Yatala Enterprise Area currently employs 17,400 people with capacity to grow to 40,000 and has the largest industrial zoned land area on the Gold Coast.

    EDUCATION
    Within 10km radius
    • Primary schools - 4
    • Secondary schools - 3
    • Primary & Secondary schools – 1
    • Child Care Centres – 32
    DEMOGRAPHICS
    Strong population growth is forecast for the Logan LGA, with an annual average growth rate of 2.3 per cent, equating to almost 12,000 new residents per annum over 20 years to 2036.

    This projected growth is higher than the rate of 1.0 per cent forecast for the Brisbane LGA over the same period and the Gold Coast LGA at 2.2 per cent. Forecast population for the Bahrs Scrub/ Wolfdene area indicates a significant increase is expected at an average growth rate of 5.0 per cent per annum.

    Who lives in the Logan LGA
    • Logan LGA Brisbane LGA Benchmark
    • Families with Young Children 44.3% 40.4%
    • Average Age 34.2 36.2
    • Owner Occupier 67.3% 65.5%
    • Detached House 87.8% 79.3%
    INFRASTRUCTURE
    Coomera Town Centre
    • $500 Million – Planned
    • Gold Coast Light Rail (G:Link) Stage 2
    • $500 Million – Under Construction
    • Pacific Motorway
    • Upgrade Stages 1 to 3
    • $490 Million – Under Construction
    The Pacific Motorway Stage 1 to 3 upgrade includes improving the roadway between the Gateway Motorway and the Logan Motorway. New improvements to the roadway include a $77 million upgrade between Gateway Motorway at Eight Mile Plains to Springwood South to Daisy Hill and the $58 million upgrade between Daisy Hill and the Logan Motorway. These upgrades will increase traffic flow and improve safety.

    Westfield Garden City Expansion
    • $400 Million – Complete
    • Logan Hospital Expansion
    • $145.24 Million – Complete
    A recent expansion has transformed the Logan Hospital into a quality health facility servicing the growing region. The expansion included a new multi-storey building with co-located Adult and Children’s Emergency Department, a new 24-bed rehabilitation unit, new expanded children’s inpatient unit and support services, along with a new Cardiac Catheter Laboratory.

    Logan Hyperome Expansion
    • $30 Million – Planned
    • Beenleigh Town Square
    • $9.7 Million – Completed
    • Beenleigh Mall Redevelopment
    • $5 Million – Completed
    Infrastructure investment, population growth and employment opportunities are solid fundamentals attracting residents to the Logan LGA. Master planned communities with high levels of infrastructure and amenity offer opportunity for growth potential in an emerging area.

    RESIDENTIAL MARKET REVIEW
    Major new estates across Logan LGA have recorded average growth of 7.5 per cent for vacant land

    Housing
    The Logan LGA has demonstrated strong house price growth, increasing by 3.6 per cent per annum over 10 years to March 2016 and 6.4 per cent per annum over 20 years, recording a median house sale price for the half-year ending March 2016 of $379,206.

    Compared to the Brisbane LGA median house price of $631,250 over the same period, and Gold Coast LGA $565,000 areas within the Logan LGA that offer new house and land packages are an affordable option for both owner occupiers and investors. With convenient access to major employment nodes, education, health and leisure amenity, and the central hub of Beenleigh, the Logan LGA provides residents with a family-focused lifestyle choice at an affordable price. Just a 30-minute drive north, south and west of Bahrs Scrub median house prices are higher by as much as $312,000.

    Land
    Vacant land sales for the Logan LGA have recorded steady price growth of 3.1 per cent per annum over 10 years to March 2016 and a healthy 6.9 per cent per annum over 20 years. The Logan LGA recorded an affordable median vacant land sale price for the half-year ending March 2016 of $194,500. Over the same period, the Bahrs Scrub area (postcode 4207) recorded a median price figure of $182,862, while the southern Brisbane suburb of Rochedale recorded a median price approximately $262,000 in excess of this. Northern Gold Coast suburbs are between $35,600 and $437,100 more expensive than the Bahrs Scrub area, further highlighting the affordability of Bahrs Scrub. Over three years to December 2015, vacant land sales in major new estates (in excess of 50 sales per annum) across the Logan LGA have recorded average growth of 7.5 per cent.

    Rental Analysis
    Rising house prices within the Brisbane LGA have promoted increased attention and market activity for affordable new housing options in greenfield areas such as those located within the Logan LGA. Providing convenient access to lifestyle amenity and connectivity to Brisbane CBD and the Gold Coast, Bahrs Scrub is in a good position to benefit from the continuing demand for modern family-friendly housing options. The residential vacancy factor across the Logan LGA is recorded at 2.1 per cent (March 2016 quarter), indication a tight rental market.

    Source : Davidsons Estate
     
  2. radioactive

    radioactive Well-Known Member

    Joined:
    3rd Mar, 2018
    Posts:
    217
    Location:
    Perth
    Just wondering what other members have to say on this little suburb for Investment.
    Thanks in advance.
     
  3. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    5,449
    Location:
    Gold Coast
    are you going to build a single home or a duplex or similar ?

    ta
    rolf
     
  4. radioactive

    radioactive Well-Known Member

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    Location:
    Perth
    Dual occ for instance.
    Just researching suburb
     
  5. radioactive

    radioactive Well-Known Member

    Joined:
    3rd Mar, 2018
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    Location:
    Perth
    Any Brisbane Pro's here :)?
     
  6. Sackie

    Sackie Well-Known Member

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    Bondiliciously Beachy
    The amount of land available sends me running.
     
    Foxdan likes this.
  7. radioactive

    radioactive Well-Known Member

    Joined:
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    Location:
    Perth
    Yeah,but surrounded by decent suburbs like windaroo and mtwarren park where land is quite expensive.
     
    Last edited: 17th Oct, 2019 at 1:49 AM
  8. thatbum

    thatbum Well-Known Member

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    2,687
    Location:
    Perth, WA
    Not that I know anything about the suburb in particular, but that summary of the suburb just screams "GENERIC" to me. Any of that information could have applied to hundreds of suburbs around the country really - it doesn't help me figure out whether its a good place to invest in.
     
    My House QLD and willair like this.