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Investing in Oracle |
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A Wise Choice for Investors An integral part of the Belconnen Masterplan renewal, Oracle is a uniquely exciting opportunity for investors offering a mix of apartment types and price levels. Figures published by the Real Estate Institute of Australia show 10 year returns to Canberra investors in apartments and townhouses at 15.6% p.a. - considerably higher than either Sydney or Brisbane. The graph on the right shows the trend for the last 5 years of rental and capital growth and with Canberra vacancy rates predicted to remain low this trend may continue. Well positioned property can be expected to perform at or ahead of the general market, with close proximity to educational institutions, transport and shopping/entertainment being a major benefit. Buying a brand new apartment may also present tax benefits for the investor and your Independent agent can supply you with an indicative cash-flow analysis to enable you and your taxation professional to make your own assessment. |
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For Further information on Oracle, please contact Independent Property Group on 1800 626 711 or email info@liveatoracle.com.au |
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IPG Sales Pty Ltd, Lic Agent, 222 City Walk Canberra City. Min EER5. Disclaimer |