Investor Insight

The ASX-listed ASF Group have released the final opportunity to buy in their unrepeatable gated Hope Island community, The Peninsula.

Peninsula Collection&nbsp;is the final instalment of apartments in the master-planned development on Harbourview Drive, which is located in the highly sought-after Hope Island Resort.

ASF has already sold out Peninsula Homes, a collection of 17 townhouses, Peninsula Residences, comprising&nbsp;40&nbsp;apartments, and Peninsula Terraces, just 22 terraces, which sit along side the Peninsula Collection.

The Peninsula Collection has 63 apartments, starting from a low $565,000 for the three-bedroom apartments. Since the official launch of Peninsula Collection last month, more than 10 apartments have already been snapped up

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They&#39;re likely to be popular with investors, particularly&nbsp;internationally, with Hope Island Resort featuring Foreign Investment Review Board (FIRB) exemption. This gives investors a global re-sale market for future capital returns seldom found in other developments in Australia.

The project is also&nbsp;offering a three-year rental guarantee of five per cent&nbsp;per annum, along with the option for&nbsp;property management services.

Hope Island apartments&nbsp;have seen 3.8&nbsp;per cent price growth per annum over the past 10 years, according to SQM Research. In the last 12 months, apartments have seen&nbsp;16.5 per cent growth.

This can be attributed to a number of factors, not least of which is shortage of supply.&nbsp;According to property consultants Urbis in 2019, The North Shore precinct, which includes Hope Island, was the most undersupplied market on the Gold Coast for apartment buyers. A situation which hasn&#39;t see much improvement until recently with five&nbsp;new apartment developments set for Hope Island.

Rental stock has also remained extremely tight on Hope Island.

The&nbsp;2032 Brisbane Olympics announcement is also backing up this data, ensuring&nbsp;investment from both private and public sectors&nbsp;upwards of hundreds of millions of dollars in infrastructure and more&nbsp;in the near and long term.

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Three-bedroom apartments in Peninsula start&nbsp;from $565,000,&nbsp;below the&nbsp;suburb median of $579,000, according to SQM.

Rents have also been on the rise with rental asking prices up 24.8 per cent&nbsp;in the past year and 4.4 per cent per annum for the past 10 years.

&#39;The Peninsula, as an exclusive gated community development on Hope Island Resort&#39;s unique river canal, is located within&nbsp;one kilometre of three golf courses, across the road from the Azzura Greens Resort and&nbsp;Links Hope Island Golf Club.

It&#39;s one of the closest new developments near the Hope Island Shopping Centre, reachable on buggy or foot.

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The Peninsula Collection has 63 apartments, starting from a low $565,000 for the three-bedroom apartments

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Hope Island's Peninsula Collection apartments show great appeal to interstate and international investors

Investors have been attracted&nbsp;Dahua Group&#39;s recently completed their $300 million&nbsp;apartment development Hawthorn Park, their biggest apartment development in Melbourne.

They&#39;ve been alerted to the area due to its&nbsp;recent median price growth of 10 per cent,&nbsp;as well as Hawthorn East&#39;s&nbsp;increasing&nbsp;median rental growth.

Over the ten-year period to March 2021,&nbsp;Hawthorn East apartments have seen six&nbsp;per cent&nbsp;median rental growth per annum, according to the Department of&nbsp;Human Services and Urbis.

The suburb is comprised of 40 per cent renters, DHS found, with SQM Research calculating&nbsp;a current rental yield of 3.5 per cent in Hawthorn East being inline with Melbourne&#39;s overall yield.

Dahua said looking forward, high demand driven by the catchment&rsquo;s proximity to education, transport and amenity, coupled with the ongoing growth of the renal market, is likely to attract market interest from interstate and overseas investors.

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The suburb is renter friendly&nbsp;due to that connectivity to the&nbsp;city. Three train lines run near the&nbsp;33 Camberwell Road development, which has a very high walk score of 90 and has been labelled a walker&rsquo;s paradise.

The city is within cycle distance for residence, given the 7.6 kilometre commute to the CBD on Melbourne&#39;s many bicycle lanes.&nbsp;The nearby Gardiner&rsquo;s Creek Trail links with the Capital City Trail and Main Yarra Trail.

Infrastructure around Hawthorn Park is already in place, with four major shopping areas&nbsp;including Camberwell Junction,&nbsp;Glenferrie Road,&nbsp;Camberwell Road and&nbsp;Burwood Road close by.

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Designed by Rothelowman, Hawthorn features a number of exclusive amenities including Melbourne&rsquo;s first suspended sky pool, theatre rooms and sky lounge. They have delivered a mix of 330&nbsp;one, two, three and four-bedroom townhome and apartment residences.

Hawthorn Park is a residential mid-rise that is strategically located amongst Hawthorn East&rsquo;s key transport, education, lifestyle and amenity offerings. It is also attractive for families, due to the nearby educational facilities that include;

<ul>
	<li>Auburn Primary School</li>
	<li>Camberwell Primary School</li>
	<li>SEDA College (Victoria)</li>
	<li>Swinburne Senior Secondary College</li>
	<li>Preshil, The Margaret Lyttle Memorial School</li>
	<li>Swinburne University of Technology</li>
	<li>University of Divinity</li>
	<li>University of Melbourne</li>
</ul>

The project also features over 2000 sqm of parkland curated by acclaimed landscape architect Jack Merlo.

As well as the pool, Hawthorn Park features a fully-equipped gym with a yoga and meditation studio and massage suites, hammock lounge, an indoor residents lounge and a garden pavilion.

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Hawthorn Park is a residential mid-rise that is strategically located amongst Hawthorn East’s key transport, education, lifestyle and amenity offerings

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