Geelong consultant + builder with investor values: How savvy Hampton investors continue to make big investment waves across the bay
Victoria’s regional cities present many opportunities for the astute investors or individuals looking for a guaranteed return on investment. The 2020-21 property market has played a vital role in getting property investors to review inner-city investments as international property investors dive and the average rental vacancies rise within Melbourne. It’s been a catalyst amongst property investors as buyers move from the city and come back to the building game following the slow downfall of Melbourne inner city property values. More investors are now looking to regional parts of Victoria such as Geelong and the Surf Coast that usually record strong price growth and have the benefit to overflow from the strong population growth occurring in Melbourne.
Geelong ranks as one of the Top 5 markets in Australia, in terms of sales volumes and potential for price growth – supplying a diverse range of property for different budgets. Suburbs across the region are among the most profitable in regional Victoria. There is a renewed demand in homes and investor interest in Geelong and the Bellarine Peninsula and it comes as no surprise that Geelong continues to emerge as an incredibly strong local economy – a busy market, driven by its affordability.
Our client’s investment journey started with Project Circular a little less than 5 years ago in which we have helped grow their property portfolio significantly. Living and working across the bay in Hampton, our clients had to think beyond their own backyard and tap into a growing market to make their property portfolio to work and grow – quickly.
‘We were on the hunt for a market that would allow us to do more with our money, and the Geelong property market is perfect strategic platform whilst partnering with Project Circular to make it all happen. It meant that instead of investing our money into an already built apartment and struggle to obtain consistent rent in a declining inner-city rental market, Geelong gave us the option to buy land, subdivide, build, rent and / or sell.’
The competition and liveability options in Geelong are growing rapidly, with population growth a strong driving factor behind significant infrastructure and commercial investment. Greater Geelong is becoming the hub for savvy investors as we’re witnessing the increased investment by clients of building long-term industry relationships with like-minded financial institutions, architects, builders, joint-venture partners, landowners and sales agents and developers to unlock the maximum value in each of their investments.
‘When looking for a builder, Project Circular were the only consultant and builder with investor values in a packed marketplace. Adrian was quickly able to help us strike hot investment sites and transparently detail the potential return on our residential property with detailed price plans.’
By 2047, Greater Geelong will be internationally recognised as a clever and creative city-region that is forward looking, enterprising and adaptive. Momentum in property investment is predicted to rise due to the combined impact of population growth, diversified industries, new infrastructure and increasing recognition of the regions potential. First-time builds and seasonal investors are recognising that buyers and renters are prioritising lifestyle as a leading investment factor. Project Circular understand the local Geelong area and we have the experience to help you improve the likelihood your application to build will be approved. From here, we deliver exceptional high-end results to surpass client’s expectations.
‘Despite living across the bay, throughout the build process, we were across every detail. Project Circular implemented a detailed quality control plan throughout; underpinning each development through accountability for contractors, regular project meetings and maintaining complete records of costs, variations and quality.’
‘Project Circular is paramount to our success. Working with Adrian directly, ensured the quality and construction of the development. He went beyond the brief and is a partner who not only just satisfied the qualification criteria but with whom we, the client has a positive synergy with. This streamlines the entire delivery process and ensures a consistent quality to build.’
We take pride in our partnership network, treating clients and suppliers as part of our own family with whom we share a mutually respectful and beneficial relationship. Our affiliations go beyond the terms of contract or standard business relationship. Instead, we take the time to develop collegial, collaborative partnerships, and foster open community to deliver the best result for each development. This is the key point-of-difference, because it means with our consultant and builder offering the investor can specify exactly what they want in a property – from build to financial goals.
‘Adrian is central to the vision and progress of our investment developments. For him, it is imperative that he continues to manage the relationship from the commencement to the handover process, working in tandem with suppliers and trades and prioritising clear communication. As an investor, we appreciate this hands-on approach, which has led to several longstanding partnerships.’
Don’t waste time spinning your wheels without getting results and trying to fit into an investment market that doesn’t give you options. ‘Adrian and his team aren’t regular builders, they’re an investment vehicle – always ensuring our investment is well matched to the outcome and goals we’re wanting to achieve.’
Investor update: this multi-site investment property broke suburb records in the December 2020 property market and our clients and are now in the process of finding a new investment in Geelong. Check out our most recent Projects to learn more about these projects and our clients next investment moves.