No matter what your goals, it is reassuring to know that real estate across the Melbourne Metropolitan area has recorded average capital growth of 9% per annum for the past 10 years, which is almost double that of Australian stocks.
Strong population growth is expected to continue underpinning demand for property, which is projected to have a positive flow-on to property owners in the form of strong capital growth and healthy rental yields for investors.
Property investment has long been known as a stable option for wealth creation; however it is still important to select the right property in the right area to protect your investment. JMC has a proven track record in carefully selecting sites in locations that offer the potential for strong capital growth in the short term. WillowPark Maidstone is an example of this, with Maidstone being amongst Melbourne’s top performing suburbs in the past five years with an average capital growth of 71% for this period.
Clients who purchase from JMC as an investment generally experience stronger than average rental yields and extremely low vacancy rates. For example, a number of clients who have purchased in our latest project, WillowPark for $400,000 are achieving rents of approximately $380 per week, a return of approximately 4.9%.