Lot 14 Mt Barker WA

Property Overview

Categoryhouse
Market price$250,000
Market rent$260 p/wk
Yield5.41%
NRAS contribution$212.46 p/wk (paid annually)
Yield inc. NRAS9.827168%
Bedrooms2
Bathrooms1
Carports2
Garages
AddressLot 14,4 Eaton Ave
SuburbMt Barker
StateWA
Postcode6324

Expression of interest

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Weekly Income
$473 Total
$260 After NRAS discounts
$213 NRAS benefit (2017-18)

Mount Barker itself currently has enough infrastructure and amenities to support a growing area, including;

- Fletcher International Abattoir; One of the world's largest Halal standard slaughter businesses. Employing over 350 people in Mount Barker alone and exporting to over 90 countries globally.
- Mount Barker Community College: A brand new state school servicing pre-primary to year 12 surrounded by its own 230 ha farm. Attended by around 750 children with approximately 100 staff. All of which are perfect NRAS dwelling tenants.
- Mount Barker Wind Farm: A small wind farm on private land approximately 4km out of the Mount Barker township. This $8.5m investment project shows the forward thinking nature of the area, investing in the future growth of the area.

The Mount Barker Region population is predicted to increase naturally by 19.5% over a 10 year period, whilst an additional 3% per annum is due to move to Mount Barker from Albany, intra state and regional shift.

The Mount Barker region population forecast including this movement is from 5101 to 6291 or 23% by 2020

Mt Barker has a hospital and medical centre, police station, TAFE College, a Community college catering for K-12 schooling, childcare facilities. It has commercial, retail and industrial facilities associated with the regional centre for the Plantagenet Shire.

Sporting facilities include a football ground (Sounness Park), a modern indoor recreation centre and gymnasium, a 50m outdoor swimming pool, speedway track, horse-racing track (Frost Park) and skate park.

Growing Agriculture and tourism are the main industry in town.
Agriculture - $800m
Tourism - $200m
Timber - $500m

Development of resource projects, investment by government into infrastructure, health, education and expansion programs in Mount Barker and the intra-growth flow - on from Albany has led to Albany and its main fringe areas such as Mount Barker being identified in the Top 10 suburbs of growth in 2010-2015.

The Grange Mine will export 10 million tonnes of premium magnetite concentrate annually. (Grange Resources are Australia's leading magnetite producer).

The Southdown Magnetite Project will deliver a new long term industry in the Great Southern, improve local infrastructure, create regional employment and further develop the Cities of Albany and Mt Barker as regional economic centres.
Where apple orchards were once one of the major industries in the region and thrived until the mid-1960s, today, the landscape is dominated by viticulture (the good old grape!), wheat, canola, plantation timber, sheep and cattle are some of the main agricultural activities around Mount Barker.

Call 1300 67 27 28 to find out more or quickly register now on this page and we will contact you to talk about your investment objectives to refine what may best suit your personal circumstances.