FOR SALE
House & Land
$950,000

38 A Reed Court
Deanside VIC 3336

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 165m2
Land area: 302m2
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Investment Opportunity for approved NDIS Property!

Greenfields Real Estate is presenting this HIGH PHYSICAL NDIS / SDA APPROVED property, which offers 3 Beds, 3 Baths, and 2 car (2 Participants + OOA).
This property has been thoughtfully designed and created to meet the unique needs of the National Disability Insurance Scheme (NDIS) residents, making it a distinctive investment in an ever-growing market.
We have ROBUST and HIGH PHYSICAL properties available, which are under construction, and some are ready for participants to move in.
In multiple locations across Melbourne
HOME HIGHLIGHTS
For a property with the aforementioned features and situated in "Melbourne-West," the NDIS SDA annual allowance would be $83,018 per annum per participant. In addition, each participant is legally required to contribute a Reasonable Rent Contribution (RRC). The Maximum Reasonable Rental Contribution from each participant is $11,842 Therefore, when fully tenanted to its highest potential, the property has a maximum annual income of approximately $189,720.
Fully Compliant with SDA Certifications
Excellent NDIS SDA Service Provider in Place
High Cash Flow Investment
Close to all amenities and in an exceptionally good location
See MoreView Statement of Information

Property Details for 38 A Reed Ct, Deanside

38 A Reed Ct, Deanside is a 3 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 302m2 and floor size of 165m2. The place is currently for sale with Greenfields Real Estate.

Building Type
House
Floor Size
165m2
Land Size
302m2

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About Deanside 3336

The size of Deanside is approximately 12 square kilometres. It has 3 parks covering nearly 0.6% of total area. The population of Deanside in 2011 was 417 people. By 2016 the population was 4,331 showing a population growth of 938.6% in the area during that time. The predominant age group in Deanside is 30-39 years. Households in Deanside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Deanside work in a professional occupation. In 2011, 80.3% of the homes in Deanside were owner-occupied compared with 85.5% in 2016.

Deanside has 5,944 properties. Over the last 5 years, Houses in Deanside have seen a 4.62% increase in median value, while Units have seen a 11.55% increase. As at 31 August 2024:

  • The median value for Houses in Deanside is $708,962 while the median value for Units is $613,076.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 101 properties listed for sale, and 24 properties listed for rent in Deanside on OnTheHouse. According to CoreLogic's data, 373 properties were sold in the past 12 months in Deanside.

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Jatinder Aashat
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Amarjit Kaur
Greenfields Real Estate
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