An affordable choice for future investment
Perth has continued to outperform Melbourne and Sydney for price growth in 2022, according to the Real Estate Institute of Australia (REIWA), while remaining one of the most affordable capital cities in Australia.1
For savvy property investors, the coastal suburb of Alkimos, located just 40 minutes from the CBD in Perth’s north, is a strong choice for the purchase of an affordable property that’s only minutes to the beach.
Alkimos Vista is a growing community in the heart of the suburb, providing a range of property options for investors seeking to capitalise on strong rental yield. In a region where rental demand often outweighs supply, Alkimos recorded a median rental yield of 5.1 per cent in February 2022, with growth in median asking rent of over 21 per cent compared to the previous year.2
The proximity to beaches, shopping, schools, parks, and a welcoming community makes Alkimos Vista a prime choice for investors seeking to create rental demand for their next property. Thoughtfully planned by development partners Lendlease and DevelopmentWA, Alkimos Vista boasts environmental, community and economic benefits for investors and residents alike. It is located across the road from award-winning Alkimos Beach, also developed by Lendlease and DevelopmentWA.
Directly south of Alkimos Vista, and within easy reach is the future Alkimos Central city centre, being planned and delivered by the Western Australian government’s central development agency DevelopmentWA, and Alkimos station being delivered by METRONET as part of the Yanchep Rail Extension. This new city centre will provide a transit and pedestrian orientated destination that represents the largest planned concentration of employment, business and economic activity between Joondalup and Yanchep.
The centrally located Alkimos station has been a key driver in the planning and design of the city centre which will also offer entertainment, health, education and recreational amenities to cater for the circa 60,000 residents of the Alkimos-Eglinton wider region.
In recognition of the commitment to being a sustainable orientated community, Alkimos Vista has achieved a 5 Star Green Star certification from the Green Building Council of Australia, representing Australian Excellence.
Investors can take advantage of upfront savings when building at Alkimos Vista with a solar panel rebate and fencing and landscaping package valued at $9,000^, a great contribution to the future value of the property and potential ongoing cost efficiencies.
Energy-efficient homes and eco-friendly communities are becoming increasingly popular among renters for both their environmental and bill-busting benefits. Features impacting tenants’ choices include smart design, insulation, energy-efficient hot water systems, energy-efficient heating and cooling, and solar power, according to the realestate.com.au Insights Energy Efficiency Housing Report.3 With lifestyle a strong motivator for where people choose to live, Alkimos Vista already provides a burgeoning community spirit that is growing around its residents.
At the Sprout Hub, an initiative by Lendlease and DevelopmentWA to establish early community connection through a café and gathering space, resident-led activities, clubs, and groups are thriving. Surrounding Sprout Hub is Picasso Park, which includes the first-ever SunSMART playground endorsed by the Cancer Council WA, offering a creative play experience while shading users from the sun. An amphitheatre, basketball court, exercise equipment, BBQs and three additional custom designed shade structures give the area a piazza feel and provide a social hub to host community events and activities.
Fitness loverscan enjoy an active lifestyle at Picasso Park, with a running track complete with distance markers and exercise equipment along the route. Yoga areas are nestled under mature shade trees and sports fans of all ages can enjoy the inclusion of multi-use sports courts, a table tennis table and large casual kick-about area with AFL goal posts at one end. Picasso Park also features innovative smart benches complete with WiFi access – the perfect spot for those wanting to take their home office outdoors.
Shady public parkland will eventually sprawl throughout the community and every home will be within 400m of an open green space, ensuring residents can enjoy a healthy and active lifestyle. With a range of affordable house and land packages, Alkimos Vista provides an exciting opportunity to build an energy-efficient investment home in the heart of Perth’s rapidly expanding northern coastal region, providing everything needed for investors and tenants to buy and live well.
Browse our latest house and land or land for sale at Alkimos Vista.
Sources
1 REIWA, Perth outperforming Sydney and Melbourne for price growth in 2022, 1 June 2022, https://reiwa.com.au/about-us/news/perth-outperforming-sydney-and-melbourne-for-price-growth-in-2022/
2 CoreLogic Market Trends, Alkimos Suburb Profile, February 2022.
3 Real Estate.com.au, Energy Efficiency Housing Report, June 2021, https://www.realestate.com.au/insights/rea-insights-energy-efficiency-housing-report-june-2021/
^ See Contract of Sale for Terms & Conditions