Queensland

Narangba

Strong rental yield in an architecturally designed estate with close proximity to the university.

Positive Income Of
$6,708 p.a.


Dual Key property and land available from $603,283.

  • Growth

    3%

    next 5 years

  • Rent P.W.

    $710

    6.1% yield

  • Vacancy

    2.5%

    last year



The property images are illustrations and artist impressions only. Facades, textures & colours may vary. The house statistics relate to statistical information obtained from Residex Pty Limited and ABS Census 2018 statistics for Narangba (QLD) SSC. See positive income calculation and assumptions here.

Location

Proximity to a wealth of amenities

Perfectly positioned to the new University of Sunshine Coast (Petrie) campus, North Lakes retail hub and future Narangba district centre and the Narangba railway station and bus interchange.

Strong area statistics

Good suburb demographics, predominantly owner-occupiers reflecting appeal of Narangba to reside in.

  • OWNER-OCCUPIER

    74%

    vs 24% rented

  • AGE 20-34

    18%

    likely to rent

Amenities

Premium finishes and landscaped gardens

A unique opportunity with architecturally designed homes, premium finishes, landscaped gardens, idyllic streetscapes. A community designed for families – with lush green parklands and quality homes.

Population growth

Located within the Moreton Bay area where the population has grown at a rapid average of 7.5% p.a.

  • Population

    18,573

    Median age: 32

  • Dwellings

    6,019

    Families: 5,085

  • EDUCATION

    10,000
    Students

    The new Petrie university campus to provide education to 10,000 students within the first 10 years.

  • DEVELOPMENT

    13,000
    Jobs

    At the new North Lakes Business Park there is potential for 13,000 jobs.

  • COMMUNITY

    New
    District centre

    A future district centre will be constructed around the railway station and bus interchange.

Risk Minimisation Guarantees

Properties backed by our guarantees

  • Market Price

    Pay market price for DPN’s property with no extra fees for DPN's services

  • Fixed Price

    Locked-in prices for newly built homes with all inclusions ready for rental

  • Fixed build Time

    Build times are fixed ranging from 16 to 26 weeks or you’re paid compensation weekly

  • Tenant Gap

    If unrented 6 weeks after handover, receive 92% of the base rental estimate from week 7

  • Rental Yield

    You’re guaranteed a minimum of 92% of the base rental estimate for 2 years

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