Freehold townhomes perfectly suited in the heart of Brisbane's high growth corridor

Type   Townhouse

Location   Hillcrest

Price   $475K - $498K (SOLD)

Settlement   Mid of 2022

Introduction

Strategic Location 

Hillcrest is located approximately 22 minutes to Brisbane CBD and less than 1 hour to the Gold Coast. Residents of Hillcrest have quick and easy access to the Mountain Lindsay Highway, Gateway Motorway, Ipswich Motorway and a number of major arterial routes. The established residential suburb is close to a multitude of major shopping centres, schools, transport hubs and parks. In the adjoining suburb of Browns Plains, the Grand Plaza Shopping Centre is the largest in the local area with 120 retailers including Aldi, Coles, Woolworths, Bunnings, Cinemas, Harvey Norman and many more. There are six childcare /early learning centres, six primary schools, and three secondary schools within a 5km radius of Hillcrest.


Major Infrastructure Investment

The City of Logan’s strategic location and its desirability as a place in which to live has led to an unprecedented level of infrastructure investment in the region, with more than $18 billion of publicly funded projects underway. In particular, the upcoming Crestmead Logistics Estate in Logan City Council, a $1.5 billion industrial estate, is set to become QLD’s largest industrial project - delivering a further 6,000 new jobs to the area, and subsequently Hillcrest.


Private Community

The Project has been designed to offer the best of indoor and outdoor living. With large expansive spaces in private courtyards, this is the tranquil retreat you have been waiting for. The lush landscaping affords residents the utmost privacy with the feeling of being connected to other residents, nature and the broader community.
Each of the 24 three bedroom freehold townhomes maximizes the feeling of space and greenery. Enjoy the benefits of community living without the hassle of body corporate fees.


Affordable 

A combination of affordable property prices, a solid pipeline of development and infrastructure, and proximity to job hubs is making Hillcrest an ideal choice in which to live and invest.

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Infrastructure

  • Transport

    Brisbane CBD - 22km

    Bus stop - 290m

  • Education

    St Bernardine's Catholic Primary School - 1.7km

    Regents Park State School - 3.4km

    Browns Plains State School - 4.9km

  • Health Service

    Grand Plaza Family Medial Centre - 1.5km

    Browns Plains Family Practice - 2.6km

    Logan Hospital - 15km

  • Park

    Sweetgum Park - 700m

    Middle Park - 3.8km

    Highland Park- 3.7km

  • Shopping

    Grand Plaza - 1.5km

    Village Square Town Centre - 2.6km

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Recommended Floor Plans

  • Type 1
    Type 1
    4Bed 2Bath with single garage
    144㎡
    From 480k

Investment Prospective

Hillcrest is part of the Logan City Council - a strategically placed region set in the middle of Brisbane City, Ipswich City and the Gold Coast. In just over 20 years, Logan’s population is predicted to grow more than 50% to around 548,000 residents. Recognised as one of the fasted growing cities in Australia, Logan City is undergoing a major transformation with more than $18 billion deployed on infrastructure & development. There are 22,573 business operating in Logan City and 125,000 jobs within a 15km radius of Hillcrest.


The past few years have seen a surge of sales activity in Hillcrest, as older acreage properties in the suburb are redeveloped into more traditional urban dwellings. Median house prices in Hillcrest have increased by 6.0% last year, making it one of the best-performing suburbs in the area. Similarily, strong demand has seen the median sale price of vacant land in Hillcrest increase by 8% over the last 12 months.


Hillcrest is currently, on average achieving a 6% gross rental yield, compared to greater Brisbane at 4.6%, Sydney at 2.9% and Melbourne at 3.2%.
The vacancy rate for permanent rental accommodation in the suburb is currently just 1.1% (a vacancy rate under 3% suggests a significant shortfall of suitable rental product available).

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