Where is the best place to invest?
This is the most common question that gets asked by investors across the country. With speculators still wondering whether Brisbane is going to perform up to all the hype, we would like to place a spotlight on Beaudesert- If you are prepared to look a little bit further afield, the results might just surprise you!
We have outlined just why Beaudesert QLD is a top place to purchase property this year.
Beaudesert is located just one hours drive south of the Brisbane CBD via the Mount Lindesay Highway and also 1 hours drive west of the Gold Coast, providing a regional location for residents to live whilst still being close enough to two major populated centres. This proximity presents the all-important investment growth drivers of employment, transport, and amenities.
Beaudesert is located in the Scenic Rim Local Government area and is a semi-regional economic hub for the surrounding towns of Rathdowney, Canungra, Mount Tamborine and various others providing residents access to all the daily amenities expected of a regional centre.
The recent expansion of Beaudesert has prompted a plan for a proposed passenger rail link between Salisbury and Beaudesert. The current stage of planning will further develop concepts to identify land requirements for the future corridor.
Long-term regional planning by the Queensland Government has identified a need for additional public transport infrastructure to service this future growth area. The QLD Government is working with the Scenic Rim Council and others to ensure growing communities south-west of Brisbane are connected to rail services.
The Salisbury to Beaudesert Rail Corridor forms part of the Queensland Government’s long-term vision for the south-east Queensland rail network.
Access to Coolangatta (Gold Coast) and Brisbane Airports provides plenty of transport opportunities both domestically and internationally.
The Mount Lindesay Highway connects Beaudesert to Brisbane with easy access straight into the CBD with connections onto the Logan Motorway.
Industry & Employment
Beaudesert’s proximity to two major employment areas (Brisbane and The Gold Coast) and the nearby Bromelton State Development Area (SDA) provides plenty of employment opportunities for people looking for a semi-rural lifestyle with the advantages of a metropolitan capital close at hand. Covering a total of 15,610ha of land the SDA is expected to see the establishment of medium and large scale business with state and national importance, as well as provide for local retail and commercial activities.
Beaudesert has already seen large-scale business invest in the area, major Australian logistics company SCT Logistics, who has plants in NSW, QLD, SA and WA established a $30 Million hub at the SDA in 2016, with the first train rolling out of the terminal in January 2017.
Oakland Estate is a $1 Billion project covering 339ha that is expected to double the population of the Beaudesert township by 2036 to over 36,000 residents with the establishment of over 2400 new home sites. The project is expected to deliver a raft of new infrastructure and amenities, some of which have already been constructed including McAuley College, the first stages of a shopping precinct and a petrol station. Other planned additions include a Tavern and a Child Care Centre for 150 children.
The nearby Canungra Barracks is set to receive a $220 Million upgrade over the next two decades cementing the barracks as an important training base for the Australian defence force now and well into the future.
In the 2017-2018 QLD state budget, the government announced the allocation of $4m to begin the $20m widening of the Mount Lindesay Highway between Beaudesert and Browns Plains further improving access to the southern suburbs of Brisbane.
In the same budget, the Government also announced the allocation of $2m for the commencement of upgrade works of the Beaudesert to Beenleigh Rd.
House Price Growth
Beaudesert has seen some fantastic growth in house prices over the last two years of 8.35% (source: Real Estate Investar) while maintaining a low rental vacancy of just 1.53% with the expected expansion and injection of infrastructure in the town, Beaudesert certainly is looking toward a bright future.