If “location, location, location” is a top priority in the search for your dream home or investment property (and it should be!), take a look at Brentwood.
Property Wizards Director, Trevor Dunkley, contributed to SPI Magazine’s profile on Brentwood in their August 2014 issue. Read some highlights below, and pick up SPI Magazine to get the complete picture.
For someone unfamiliar with Brentwood, could you provide an overview?
Located 15 minutes south of Perth CBD via Kwinana Freeway, and with most of the suburb within walking distance of Bull Creek train station, Brentwood is easily accessible for commuting workers. The additional benefits of being close to Garden City Shopping Centre, several well-regarded schools and being on the Canning River add up to a suburb that has all the advantages of its very affluent neighbours, Mount Pleasant and Rossmoyne, at slightly lower prices.
Can you describe the mix of housing stock in Brentwood?
Over the last decade, most of the developable sites in Brentwood have been subdivided into two lots, resulting in a mixture of old and new properties, the majority of which are three bedroom homes on small blocks. These properties are tightly held with very few on the market at any given time, and this scarcity, coupled with the advantageous location, continues to drive Brentwood’s steady growth.
Do you think the area has anything to offer investors?
The growth and demand mean there are still opportunities available for investors who have the capital to invest in the area. The ideal scenario would be to find one of the few subdivisible properties still remaining in Brentwood, and either buy and hold, or develop straight away.
These opportunities are scarce now, so investors may also do well by purchasing a villa or duplex property, which should grant them a slightly better rental yield at a slightly lower price. The location provides the credentials needed to deliver long term growth.
For more information on the suburb of Brentwood, read the August 2014 issue of SPI Magazine or visit our Media Page.
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