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Successful Real Estate Development Firm Chooses Sinagra for New Land Estate

Announcement posted by Origin Projects - Land & New Homes in WA 13 Nov 2014

Developer of house and land packages in Perth suburbs reveals why they feel Sinagra is such a prime location.
Perth, WA, 13 November 2014 - Recently, 4Land Property Group, developer of numerous land estates offering house and land packages in Perth suburbs, began sales for their newest land estate: Lago Vista in Sinagra. Sinagra is located within the City of Wanneroo, 25.5 km north of the Perth CBD.

The initial release of the first four land blocks is in a prime location, only five minutes from the Wanneroo Town Centre and ten minutes from Joondalup. The blocks are elevated and provide views over Lake Joondalup. The land blocks are green titled and are zoned R30.

The land estate is only ten minutes away from the Mitchell Freeway, providing easy access into the Perth CBD. It is nestled between nearby communities with high quality homes and landscaped parks. It is within walking distance of a new shopping centre, the Ashby Neighbourhood Shopping Centre and Tavern (presently under construction).

Lots are currently selling for $293,000, which puts them within range for the full stamp duty exemption for first home buyers.

Why 4Land Property Group Chose Sinagra

4Land Property Group has built a solid business using a consistent business model. They strive to make new homes affordable for families and first home buyers. When they choose a suburb, they take a number of factors into consideration in determining whether homeowners will accrue long-term capital gains from their properties.

This makes their properties more attractive for families and for small property investors.

Sinagra fits into the 4Land Property Group model of being family-friendly and able to produce capital growth in the long term. The Perth property cycle is going to dictate that the outer ring suburbs are the next to fill up. In any capital city, the CBD fills up first, followed by inner ring, middle ring and outer ring suburbs.

Currently, the median price for a home in Sinagra is $500,000, compared to $540,000 for the Perth market as a whole. Sinagra is close to the ocean and sits between three lakes, but it is only 25 km from the Perth CBD. Suburbs close to it have seen high capital growth in the last five years. 4Land Property Group collectively feel that Sinagra is going to be one of the next suburbs to yield high capital growth.

According to Madeleine McErlain, Marketing Manager for 4Land Property Group: “Our research indicates that those who purchase property in Sinagra will see both short-term and long-term capital growth. The area is packed with amenities and provides easy access to the Perth CBD. It is next to Lake Joondalup and close to two other lakes. The Indian Ocean is also fairly close.”

Ms McErlain concluded, “Sinagra has everything we are looking for in a suburb. Lago Vista is our next successful community.”

4Land Property Group develops land estates and house and land packages in Perth suburbs and in Geraldton. They have built a solid track record of successful communities based on providing affordable, high-quality homes in suburbs poised for long-term capital growth. To learn more, call (08) 9301 4445 or visit their website: http://www.4land.com.au/.