ELLENBROOK AVELEY AREA SUMMARY

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1 ELLENBROOK AVELE AREA SUMMAR Located just over 20km to the north east of the Perth CBD, the Ellenbrook Aveley area is one of the fastest growing communities in the Perth North region. It is located just 20 minutes from Perth Airport and on the western edge of the Swan Valley Wine & Tourist Region. The Perth CBD is within easy driving distance (35 to 45 mins), as are the Midland Town Centre and the Morley Regional Precinct. Nearby recreational facilities include The Vines Resort, with two, internationally renowned 18 Hole Championship Golf Courses. Distinguishing Ellenbrook Aveley from other new areas is its already established infrastructure. With a bustling town centre, schools, shops and recreation centres already operating, Ellenbrook is a self-sufficient town, ensuring residents won t need to travel far for their needs. With anticipated population growth over the next 5 years, future developments include the Stage 3 of The Shops at Ellenbrook, medical facilities and land has already been set aside for a future train station in the town centre. The Ellenbrook Aveley area is expected to eventually house around 60,000 people and will provide a community providing the convenience of inner city living without the hustle and bustle of the city. The area supports a wide cross section of workforce, with large industrial areas nearby and a thriving construction industry, with Perth CBD and Midland Town Centre within easy reach. The nearest shopping facilities are located in the Ellenbrook Town Centre however, one of Perth s largest retail precincts, Morley Galleria is just 20 minutes away. JDL Strategies - JDL Property Research Head Office: Suite 11, Glenham Plaza 17 Karp Crt, Bundall QLD 4217 T: E: property@jdlstrategies.com.au

2 LOCATION BEACH 20 Mins TOWN CENTRE PERTH Mins AIRPORT 20 Mins SWAN VALLE MIDLAND 10 Mins The Ellenbrook - Aveley area has an existing town centre, with an abundance of retail and commercial options, including a recently extended shopping centre and a new Masters store. The Indian Ocean is located just 20 mins away and offers pristine beaches, as well as beachside parklands, BBQ s and other recreational facilities. Major employment hubs in the proximity include Wangara, Midland and Malaga Industrial Estates, as well as the Morley Galleria Commercial/Retail Precinct. The surrounding area provides a wide range of public amenities, which include a State Swim centre, library, and sporting ovals, as well as the nearby Whiteman Park and Caversham Wildlife Park. Some of Perth s largest industrial areas are located close to the Wellard - Meadow Springs area. The Kwinana Industrial Hub is set to be supported by a new port at James Point.

3 WH INVEST HERE? STRONG POPULATION GROWTH The Ellenbrook - Aveley area is one of Perth s fastest growing population centres, with over 30,000 residents already calling the area home. This figure is forecast to exceed 50,000 by 2030, not to mention the surrounding areas/suburbs, which are currently being developed or in the planning stages of development. EFFICIENT TRANSPORT LINKS Transport infrastructure in the area includes a very efficient bus network which operates throughout Ellenbrook and Aveley. There are also ample connecting services, facilitating access to Midland Town Centre, Morley Galleria, Mirrabooka Bus Station and Bassendean and Midland Train Station. In addition, the surrounding road network also provides convenient access to Perth CBD, Airport, and major highways. EXCEPTIONAL EMPLOMENT OPPORTUNITIES As previously mentioned, the area s proximity to Perth Airport ensures convenient access for Fly-In Fly-Out (FIFO) workers. The continually expanding nearby industrial areas of Wangara and Malaga serve as the closest employment hubs for blue collar workers. Retail centres in Ellenbrook, Aveley, Morley and Midland offer a vast array of employment opportunities, whilst the Perth CBD and Midland cater to the white collar workforce. GREAT SHOPPING ON OUR DOORSTEP The Shops at Ellenbrook recently underwent further expansion and together with the rest of the Town Centre, it caters for most of the residents retail needs. There is also the newly opened Masters store, as well as a light commercial precinct. Further shopping amenities are available a short drive away in Midland and Morley.

4 WH INVEST HERE? RECREATIONAL FACILITIES The Ellenbrook - Aveley and surrounding areas have a wide variety of recreational facilities. These include dozens of parks and playgrounds throughout both suburbs, as well as the Vines Resort Golf Course and Whiteman Park. Other amenities include a recreation centre, skate park, the Swan Valley Tourist & Wine region, John Forrest National Park, Swan River, Bells Rapids and Caversham Wildlife Park. THE BEST OF EDUCATION There are a total of 10 schools (6 Primary and 4 Secondary) in the area. These include both public and private schools, with several early learning centres and a public library. In addition, university campuses at Joondalup and Mount Lawley are both located approximately 30 mins away. RENTAL DEMAND & CAPITAL GROWTH Rental demand throughout the Perth metropolitan area continues to go from strength to strength. The vacancy rate is currently below 2%, with strong interest in quality built, brand new family homes. This trend is likely to continue for the foreseeable future. The capital values in the Ellenbrook - Aveley area have been largely stagnant over the last couple of years however, there is increasing evidence of a marked recovery in the Perth residential market. Some forecasts estimate that prices should improve by as much as 20% by 2015, with the number of listings continuing to drop. Given the area s existing and planned infrastructure, as well as proximity to aforementioned amenities, properties in these estates are set to appreciate in line with these forecasts.

5 WH INVEST HERE?

6 WH INVEST HERE? TOURIST ATTRACTIONS AND WINERIES IN THE SWAN VALLE

7 SCHOOLS 44 Point Checklist The area has great educational facilities, with both private and public schools throughout. There are also TAFE Campuses and Universities with a 30 min drive of the area. PROPERT SELECTION DNAMICS - ELLENBROOK - AVELE The following checklist evaluates important localised issues pre-researched for all property investment recommendations made by JDL Strategies. All of these features are essential for any property to offer minimum risk and sound capital growth potential. Property that meets all of these standards is rare. Childcare Centres Primary School Secondary Schools Universities Private Schools SHOPS Major shopping centres in the locality include the Ellenbrook Town Centre, as well as Midland Town Centre and the Morley Galleria. Convenient Local Shops Major Shops Motor Dealerships PUBLIC TRANSPORT There is an extensive bus network operating throughout the Ellenbrook - Aveley area, which also connects local residents to Midland Train Station and Morley Bus Station. Train Buses N Trams (if applicable) N Not Applicable

8 MEDICAL There are two medical centres in Ellenbrook, as well as a Hospital Campus at Midland and other medical facilities in the surrounding areas. Local Doctors Specialists Chemists Medical Centres Hospitals RECREATIONAL Ellenbrook offers a wide variety of recreational facilities, including several ovals, parks, sports clubs and a state swim centre. Parks/Theme Ovals Sports Clubs Social Clubs Community Centres ENVIRONMENT Experiencing the warm Mediterranean climate that the south west of WA is renowned for, the area offers an excellent lifestyle. Landscaping Topography Cleanliness Liveability WORK Industrial estates such as Wangara, Malaga and Midvale support the blue collar workers, whilst the Midland and Perth CBD s cater for the white collar workforce. Blue Collar White Collar 44 Point Checklist

9 LOCAL INFRASTRUCTURE The Ellenbrook Aveley area offers fantastic infrastructure, which includes two, world class gold courses, fast food outlets and the tourist attractions of the nearby Swan Valley. Restaurants Movies Taverns/Pubs Service Stations Video Stores Fast Food Outlets Security Golf Courses Hotels/Accommodation LOCATION The area is located only 22kms to the north of the Perth CBD and less than 20kms from Perth Airport,. Either Water / CBD / Capital City Access to Motorways Strong Rental Demand with Limited Supply 44 Point Checklist SUPPORTING PROPERT Above & below in Value Mainly Freestanding Dwellings Strong Building Covenants Strong Re-sale Demand Low Tenant Ratio