The Project
This is a full-turnkey dual occupancy property situated in Morayfield.
- Price $830,000
- 3+1 Bedrooms
- Rental estimate $905-$965 a week
- Land 322m2
- House 168m2
- Land registration is expected April 2025
- Suburb vacancy rate is currently sitting at 1.0%
Nearby services
- Morayfield Shopping Centre 9min
- Westfield North Lakes 20min
- Burpengary Aquatic & Leisure Centre 9min
- Morayfield Station 6min
- Morayfield State High School 5min
- Morayfield State School 6min
- Nurture Early Education 3min
- Caboolture Hospital 15min
Moreton Bay is Australia’s third largest LGA spanning more than 2,045 sqm located between Brisbane and the Sunshine Coast. Moreton Bay is the fifth fastest region in Australia ranked by population growth.
The population is forecast to grow to approximately 690,000 by 2041. Creating an additional 210,000 residents.
Moreton Bay’s Economy has continued to grow through the pandemic and lockdown with a 5 year GRP growth of 10.71%. The Regional Economic Development Strategy forecasts the economy to grow to $40 billion 2021-2041.
Moreton Bay aims to create 100,000 new jobs and 16,000 new businesses by 2041. This is a 69.71% increase in employment and 54.99% growth in the number of businesses.
Major business precincts
SEQ North Freight Terminal is planned in Elimbah, north of Caboolture, as part of the Inland Rail Project connecting Brisbane and Melbourne Ports
The Wamuran Irrigation Scheme will create $100 million in food and agribusiness opportunities.
Northeast Business Park is 769ha, with 169ha of mixed industry/ business and 420ha of open space and a 911 berth marina with a 300-500 dry boat stacker.
Narangba Innovation Precinct contributes $1.287 billion to the economy.
The New Base Business Park is $152.6 project over 85ha delivering 107 lots supporting 567 jobs. Located 700m from Strathpine Rail
Station & 1km from Strathpine Westfield.
The Mill 460ha PDA aims to build a tech and innovation hub, due for completion in 2036, with a major focus on the Uni Sunshine Coast Morton Bay campus that opened in 2020. The PDA includes the Petrie Town Centre and train station that links to the Redclife Peninsula Line and the Sunshine Coast line. The Mill is perfectly located to beneft from the growth between Brisbane and the Sunshine Coast.
Major Projects
The $399.5 million Caboolture Hospital Redevelopment is due for completion in 2024. The project will deliver a new five story Clinical Services Building, a new Multi-Story Carpark, an expansion and refurbishment program.
North Harbour Marina Precinct is on track to become QLD’s next Priority Development Area. The development of 570 ha of prime waterfront will give an economic boost of $2.74 billion and generate 6,547 new ongoing jobs. The 319 ha waterfront green space will be the largest in SEQ.
Click here to find out more about this and other properties that might be suitable for you.
