In the recent times, the real estate industry in Australia has been showcasing a stellar performance with higher returns & rise in domestic & international interest. The country that has shown 25 consecutive years of economic growth defying the general trend of global economic contingencies in the recent times- Boasts of a powerful & dynamic real estate industry. Even during the time of global recession, Australian economy was not hit very hard & the country continued showcasing positive growths.
The booming real estate industry of Australia, offers great opportunity to discerning investors, who are looking to make meaningful investment with high returns & low risks.
Sydney Real Estate Overview
As discussed above, over the past few years, Australian real estate industry has been demonstrating high octane growth with capital appreciation showcasing double digit growth rates. Out of the eight major cities, Sydney is leading the bandwagon with an estimated capital increase of around 18% annually.
Real Estate market in Sydney is led by higher employment rate, growth in wedges, sound economic fundamentals. Not to forget rise in population with an increasing number of expats choosing the city as a place of residence & low mortgage rate.
Looking at the immense opportunity that the present market in Sydney offers, Square Yards presents, Portico Plaza, Western Sydney’s one of the most happening landmark.
Project Overview
Portico Plaza is an international quality project designed to meet the fast-paced lifestyle of Urban Sydney. These are spacious 1,2,3 & 4 BHK homes with huge balconies. There are plenty of amenities such as lap pools, tennis courts & club house to offer residents an exciting lifestyle. The individual units have well designed interiors with kitchens & dining.
Located at just 200 meters from the Western Sydney’s Toongabbie train station, the project is conveniently placed with major education centers & Central Business Districts (CBDs) in the city. There are plenty of social amenities in the vicinity consisting of schools, medical centers & retail outlets.
As the project is situated on the top of a shopping plaza, residents will have access to shops & other retail outlets such as saloons etc.
Financial Returns
Portico Plaza is a unique investment opportunity associated with a great returns. It has been calculated that on apartments, a net annual return of 19% could be expected. Likewise, on townhouses return of 20% could be expected. Higher ROI on Portico Plaza can also be attributed to the powerful job market in Sydney, because of which the rental yields have been hovering over 4% in the recent times.
