Cash Flow Positive House & Land in Brisbane's Northern Growth Corridor by Probity Investments

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Brisbane’s Northern Growth Corridor

Snap Shot Moreton Bay Region is the the 3rd most populated and the fastest growing area in QLD. Over $20 billion of infrastructure is recently completed, undergoing and proposed. Located at the doorstep of Moreton Bay Region, Griffin enjoys a prime location set to deliver high rent yield and capital growth.

PROPERTY TYPES: PRICE RANGE: CAPITAL GROWTH: RENT YIELD: VACANCY RATE: TOTAL R.O.I.:

House & Land Packages (Moreton Bay Region) From $413,500 10 %* 5 %* 2.7 %* 15 %

* Source: SQM Research & Residex

Queensland

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Queensland is the second-largest and third-most populated state in Australia. According to the latest data provided by the Government Statistician’s Office, Queensland’s current population sits at 4,881,717 people. biggest infrastructure pipeline of all states, such as Queens Wharf Brisbane and Howard Smith Welcoming 1.91 million new residents over the Wharf, Queensland’s major projects have the next twenty years, Queensland’s population potential to generate almost 100,000 direct jobs is projected to grow by 50% to around 6.76 plus additional indirect jobs. million people by 2036. The state’s high rate of population growth will be driven by a continued Furthermore, there are 10 major tourism projects strengthening of both net overseas migration and with a combined value of $30 billion and 13 major mining projects with a combined value of $63 net interstate migration levels. billion scattered up and down along Queensland’s coastline.

Population Growth

Migration Rate

Queensland is one of only two states forecast to experience positive net interstate migration for the next four years, averaging 20,000 people per year. This rise is principally underpinned by migrants from both New South Wales and Victoria driven to move due to Queensland’s relative housing affordability and strong employment opportunities. Net overseas migration has an immediate impact on the demand for housing as migrants require some form of housing on arrival, whether as renters (in most instances) or as owner-occupiers.

Economic growth The Queensland State Budget forecasts economic growth of 4 percent for 2016 - 2017. Queensland’s economy experienced the second highest average annual growth rate of any Australian state or territory over the last 20 years. Queensland’s growth oultlook is currently averaging 3.5% p.a. to 2020 and set to outpace NSW and Victoria (at around 2.5%), and the national average. Asia is continuing to be the main driver of growth. With 41 projects that have a value of more than $500 million each, Queensland’s economy is expected to grow very strongly. Having the

Looking ahead, Queensland is expected to continue to outstrip the national growth. Sustained low interest rates and stronger population growth are expected to strengthen spending in the household sector.

Source: Resolution Research Strategists, Australian Property Investor Sept 2015, QLD Government Statistician’s Office, http://budget.qld.gov.au/budget-highlights/budget-outlook/, https://www2.deloitte.com/au/en/pages/media-releases/ articles/queenslands-economy-positioned-well-for-2017-010317.html

Moreton Bay Region

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Between 2011 and 2036, the Moreton Bay region is considered one of the fastest growing local government areas (LGAs) in Queensland, as well as the fifth largest growing LGA in Queensland.

Moreton Bay Region

Population

Employment

Moreton Bay Region was home to approx. 417,000 people in 2016, which is 9% of QLD’s population. Moreton Bay Regional Council is the 3rd most populated LGA (local government area) in QLD after Brisbane and Gold Coast.

Moreton Bay region is expected to have an employment growth of 2.4% per annum from now to 2031/32. From 2006 to 2026, a significant portion of the Moreton Bay region is expected to benefit from a 40% to 120% employment growth and up to 30,000 new jobs.

Over the next 5, 10 and 25 years, the region’s population is expected to grow by 10%, 11% and 9% respectively, Moreton Bay LGA is growing faster than the Brisbane LGA and also, QLD as a whole, which has growth rates of 8%, 9% and 9%, respectively.

The majority of new jobs originate from the planning, construction or post-planning stages of a variety of multi-million dollar or billion dollar projects e.g. the North East Business Park, the North Lakes Development, Westfield North Lakes Shopping Centre expansion and the Moreton Bay Queensland’s forecast suggests an additional Rail Link. 232,200 will be living in the region by 2036, bringing the total population to a massive 622,000 North East Business Park (in progress) people. Development Phase: 1,547 Full time Operational Phase: 27,150 Full time

Moreton Bay Rail Link (Completed) Created 8,000 jobs during & post development

Proposed Moreton Bay University Precinct

North Lakes Development (in progress)

Expected to create 6,000 jobs

Expected 13,000 jobs upon estate’s completion

Moreton Bay Region Major Infrastructures $2 Billion North East Business Park

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North East Business Park is a 169 hectare site approved for a broad range of general industrial uses, located 45 minutes north of Brisbaneâ&#x20AC;&#x2122;s CBD. Ideally situated adjacent to the M1 at Morayfield, right in the middle of the northern growth corridor. It is predicted to generate 1,547 full time job over the development phase and 27,150 jobs over the operational phase.

$1.15 Billion Moreton Bay Rail Link Moreton Bay Rail Link began operating in late 2016, and is a 14km dual track between Lawnton and Kippa-Ring. 6 new train stations, including Kallangur, Murrumba Downs, Mango Hill, Mango Hill East, Rothwell and Kippa-Ring, provide easy access for passengers travelling from the North to Central Brisbane. It takes less than one hour from Brisabne CBD to the Moreton Bay Region by train.

Proposed University Precinct

Click for video With a full-scale University of the Sunshine Coast (USC) campus at its core, the new proposed university precinct offers world-class study opportunities to residents in the Moreton Bay Region. USC Moreton Bay at Petrie is on track for completion in 2020, supported by additional work, study and community facilities, and will cater for up to 10,000 university students in its first 10 years. The site preparation has begun and it is expected to generate up to $950 million in economic activity.

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Moreton Bay Region Major Infrastructures IKEA and $170 million Westfield extension

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Recently completed the last stage of development, Westfield North Lakes Shopping Centre contains 280 major and specialty retailers, IKEA, Cinema & Restaurant Precinct and 4,916 car spaces. It is now serves a trade area population of 387,000 and has 8,800,000 annual customers visit.

Economic and Employment feeder Infrastructure $5 Billion Oceanside Kawana Hospital Precinct The multi-billion massive development started in 2012 and the predicted completion date is 2021. It is estimated to generate more than 3,000 jobs per year during development phase and expected to create approximately 12,000 ongoing jobs. The economic benefit forecast is expected to reach $5.3 billion over the next 15 years. The development will include Health Hub precinct, Sunshine Coast Public University Hospital, Childcare Centre and Medical Complex.

$8.5 Billion Bruce Highway Upgrade

The project involves upgrading the Bruce Highway to 6-lanes between Caloundra Road and the Sunshine Motorway. This includes major upgrades to both interchanges and the delivery of a two way service road for local traffic on the western side of the highway between Steve Irwin Way and Tanawha Tourist Drive. The project is under major construction and expected to finished by 2020.

Griffin Suburb Profile

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Griffin is situated at the door step of the fastest growing Moreton Bay Region, only 22 km north from central Brisbane. With easy access to Brisbane Central and Brisbane’s northen suburbs, it is currently home to 2,357 residents.

Sunshine Coast

Griffin QLD 4503

Brisbane Population

Employment

Griffin is one of the largest growing areas in the Moreton Bay Region. It’s population has increased from 15,249 to 22,833 people in the past 3 years. With massive under-going and planning infrastructures, it is expected the population in Griffin / Mango Hill will reach 42,678 people by 2031.

Source: Residex, realestate.com, domain.com, http://www.yourinvestmentpropertymag.com.au, http://queenslandplaces.com.au/griffin, https://www.moretonbay.qld.gov.au/general.aspx?id=86

Investment Overview

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CAPITAL GROWTH & RENTAL RETURN PROSPECTS

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PH: 07 3198 6200 E: enquiries@probityinvestments.com www.probityinvestments.com Disclaimer: All projections and assumptions are a prediction, and whilst Probity Investments has made every effort to ensure they are based on accurate and reliable information, they may be affected by assumptions that do not necessarily eventuate, or by known or unknown risks and uncertainties. The information in this publication does not represent financial advice and should not be regarded as such. It has been prepared without taking into account your financial situation or investment objectives. You should consider the appropriateness of the information in regards to your current financial situation or needs. Probity Investments Pty Ltd accepts no responsibility for the accuracy or completeness of any such material. The information is subject to change without notice and Probity Investments Pty Ltd is under no obligation to update the information or correct any assumptions which may change over time.