FOR SALE

1 Delatite Street
Nirimba QLD 4551

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 456m2
This property is currently on the market
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Property Details for 1 Delatite St, Nirimba

1 Delatite St, Nirimba is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 456m2.This Property is currently listed for sale with MULTI DYNAMIC SOUTHPORT

Building Type
House
Land Size
456m2
Local Government
Sunshine Coast Regional
Lot/Plan
6255/SP327558

Last Listing description (March 2024)

What is SDA?

Specialist Disability Housing is housing that has been specially designed to suit the needs of people with a disability who have an 'extreme functional impairment' or 'very high support needs'. The specialised features of an SDA property are intended to support the resident(s) to live as independently as possible and in so doing reduce their lifetime support costs.

Specialist Disability Housing offers investors a very high yielding asset. For more information get in contact with us today.

Location
Aura is a master planned community being established on 2,310 hectares south of the existing Caloundra urban area, Caloundra Aerodrome and Sunshine Coast Industrial Park.

Aura is the largest residential development project in Australia at this time and will provide approximately 20,000 dwellings for around 50,000 people. Mixed-use activity centres will provide a focus for the community and offer convenient access to retail, services, well-designed civic spaces, community and cultural facilities, as well as local employment opportunities.

The creation of Aura is estimated to deliver:

- 20,000 jobs
- A$3 billion expenditure on civil and infrastructure works during development
- Two business and enterprise parks with a gross floor area of up to 650,000 square metres
- 20 education facilities including schools and training institutions
- 700 hectares of conservation and open space, nine sports parks and 200 km of walking and cycling paths

About the Property
- House and land package - 2-part land and build contracts
- Land area: 456m2
- Build area: 226.75m2
- Registered land - ready to build on now!
- High Physical SDA | 3.3.2 | 2P + OOA
- Full turnkey
- Fast build times
- Total support throughout the build and tenanting process!

Demand
SDA participants in the area: 75
Seeking accommodation: 28
High Physical Support: 13
Fully Accessible: 13
Improved Liveability: 2

The Key Numbers
As of July 2023, the SDA pricing was increased, this includes High Physical Support, Improved liveability, Fully Accessible, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.

High Physical Support
SDA Income - $73,380 per participant
MRRC - $11,842 per participant
Location Factor - 0.86
Potential Total Income | $170,444
Potential Yield - 14.9%

Improved Liveability
SDA Income - $61,056 per participant
MRRC - $11,842 per participant
Location Factor - 0.86
Potential Total Income | $145,796
Potential Yield - 12.7%
*Please note that these numbers are based on 2 participants only. Numbers may vary

Ready to get started?
Get in touch. You can secure this property with just $5,000 initial deposit. Make your move soon though as this is going to sell quickly.

Disclaimer
We have in preparing this information used our best endeavours to ensure the information that has been provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.

Property History for 1 Delatite St, Nirimba, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$495,000
30 Apr 2023
  • 30 May 2023
    Listed for Sale $500,000
  • 30 Apr 2023
    Sold for $495,000
  • 23 Jul 2021
    Sold for $343,000

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About Nirimba 4551

The size of Nirimba is approximately 8.1 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Nirimba in 2011 was 319 people. By 2016 the population was 94 showing a population decline of 70.5% in the area during that time. The predominant age group in Nirimba is 50-59 years. Households in Nirimba are primarily single parents and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nirimba work in a managers occupation. In 2011, 63.7% of the homes in Nirimba were owner-occupied compared with 71% in 2016.

Nirimba has 2,415 properties. Over the last 5 years, Houses in Nirimba have seen a 70.89% increase in median value. As at 31 October 2024:

  • The median value for Houses in Nirimba is $845,799 while the median value for Units is $636,082.
  • Houses have a median rent of $695 while Units have a median rent of $600.
There are currently 27 properties listed for sale, and 13 properties listed for rent in Nirimba on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in Nirimba.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.