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This master planned suburb from award winning urban developers AV Jennings, is just 8 km away from the CBD.
Surrounded by park lands and lagoons, yet only a short train ride from the heart of the city, these apartments will be moving quickly!
There are a range of apartments available in the complex, ranging from 1 bed room 1 bath, to 2 bedroom 2 bathrooms.
It is truly the natural tranquillity that has been designed within this suburb, and the Soul Apartment’s surroundings that make it stand out.
With just 8km to the city and convenient public transport, it is easy to enjoy both city living and a little slice of the outdoors at the same time.
With Henley and Semaphore Beaches near by, and a vibrant shopping district, leisure will never be difficult.
Having non-highrise yet higher density suburban dwellings is becoming a very popular decision.
St Clair is a new suburb, specifically designed to provide for a balanced and enjoyable lifestyle.
Owning property in a professionally master-planned community with access to private schools, leisure facilities, environmentally sensitive landscaping and public transport only metres away ensures strong, future demand.
Vacancy Rate: The vacancy rate is sitting at the point of equilibrium currently, with this being a 3% rate. (rates accurate as of 4//2/16, sourced from http://www.sqmresearch.com.au)
With a vacancy rate set at the equilibrium point, this shows that there is a good balance between being a landlord’s market and a tenant’s market.
Rental Yield: The current rental yield for apartments in St Clair is 4.8% (data accurate as of 4/2/16, sourced from www.sqmresearch.com.au)
This is a solid rental yield for any suburb, and when combined with the sustainable vacancy rate is indicative of a safe investment.
Average Annual Growth: 10.38% for apartments (data accurate as of 4/2/16, sourced from Core Logic)
With favourable rental outcomes, a desirable life style opportunity, combined with high growth potential make for a solid investment opportunity.
Single bed room single bathroom apartments are starting from as little as $280,000!
If you would like to find out more about the exciting opportunities presented by Soul, or to speak to a professional about your property investment portfolio, do not hesitate to get in contact with us!