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Why 4Land Property Group Chose Landsdale for Their Next Estate

Announcement posted by Origin Projects - Land & New Homes in WA 17 Nov 2014

Developer of land estates in Perth suburbs reveals why they have decided upon Landsdale for their next community.
Perth, WA, 17 November 2014 - 4Land Property Group, a firm known for developing successful, affordable, family-friendly communities, has released the first stage of a new flagship development: Pafumi Rise in Landsdale. The estate is set to contain 58 elevated land blocks. This release is hot on the heels of their recent, nearby release: Lago Vista in Sinagra.

Landsdale is located within the City of Wanneroo, approximately 18 km from the Perth CBD. The suburb is already seeing a surge in house prices, with a median of $590,000. However, 4Land Property Group is doing their best to keep property prices down to make their homes more affordable.

Typically, the cost of a house and land package in any of the 4Land Property Group’s communities in various Perth suburbs is up to 15% less than the median cost of an established property in the same suburb. Many buyers see appreciation and capital gains in mere months after purchasing and building their homes.

Landsdale is close enough to the Perth CBD and to the Mitchell Freeway to provide easy access to big city amenities, but far enough away to allow a more relaxed lifestyle. The Indian Ocean, Lake Joondalup and two smaller lakes are a short drive away, providing a living experience that is often described as the “best of both worlds” by its residents.

Landsdale is currently yielding a 5.5% rental return on investment properties. Perth’s outer suburbs are primed to be the next areas that yield high short-term and long-term capital growth. The standard long-term property cycle for any capital city consists of the CBD filling up first, followed by the inner, middle and outer suburbs.

The inner and middle suburbs are becoming more densely populated and prices have risen. This is causing more demand in outer ring suburbs. Eventually, they will also rise. 4Land Property Group typically chooses suburbs where land isn’t so expensive as to eliminate young families and first home buyers from the market. They develop properties for long term growth.

Every community developed by 4Land Property Group has seen high capital growth in the last four years.

Madeleine McErlain, Marketing Manager for 4Land Property Group, sees Pafumi Rise as having great potential as an investment for owner-occupiers and investors. According to Ms McErlain:

“The property cycle has been forcing us to move further out to provide our buyers what they want: family-friendly communities, affordable homes and long-term capital growth. We see Landsdale as another suburb that will help us continue our track record of success in helping families purchase high quality homes at an affordable price.”

Ms McErlain concluded, “Pafumi Rise will be yet another in a long series of successful land estates.”

4Land Property Group develops land estates and house and land packages in Perth suburbs. They offer property in family-friendly suburbs that they feel will yield long-term capital growth. To learn more about 4Land Property Group or any of their master planned communities, call (08) 9301 4445 or visit their website: http://www.4land.com.au/.