Tailem Bend | SA
NEWS ALERT
We are thrilled to announce that on 23 August 2024, RPD obtained Development Approval (DA) for our Tailem Bend estate.
Own a piece of South Australia’s thriving suburban gem, Tailem Bend.
LOCATION
45-minute drive to the state capital, Adelaide, 5-minutes from The Bend Motorsport Park, and 15 minutes from Murray Bridge where comparable investments start at $170K.
GROWTH PROSPECTS
Fueled by major investments and a booming economy, Tailem Bend’s property market experienced a 13% annual growth rate, with median house prices surging and strong rental yields.
ATTRACTIONS
Enjoy the excitement of Australia’s motorsport hub with over 29 international and national series racing events at The Bend Motorsport Park.
Unparalleled Location
Minutes from Excitement:
A stone’s throw away from the world-class thrills of The Bend Motorsport Park – a multi-million dollar project with a global reputation. This iconic venue attracts thousands of visitors each year, creating a vibrant and dynamic atmosphere for competitors, enthusiasts and spectators alike.
Urban Convenience with Rural Charm:
Enjoy the best of both worlds with Tailem Bend’s charming town center. Stroll along Railway Terrace, dotted with quaint cafes and pubs, or unwind in one of the many scenic community parks. Essential amenities like butchers, supermarkets, post offices, and bottle shops are all conveniently located nearby.
Comparable Sales:
Murray Bridge, a mere 15-minute drive away, boasts a similar healthy property market, with comparable investment opportunities starting at $170,000.
Prime Market Conditions
The Tailem Bend property market is experiencing exceptional growth, with median house prices rising by 13% in the past year alone. realestate.com.au reports a median sold price of $300k for houses, while rental yields sit comfortably at 5.4%. With a 11:1 ratio of interested buyers to properties sold, these figures highlight a market primed for investment potential.
Fueled by major investments in The Bend Motorsport Park and the local meat factory, Tailem Bend is experiencing a surge in demand for quality residential estates. This influx of capital is attracting affluent residents, businesses, and immigrant families, leading to a process of gentrification and enhanced property values.
RPD has just received Development Approval for 85 lots in our Tailem Bend estate. This marks our 6th successful DA approval in the past 18 months, showcasing our consistent growth and commitment to quality developments.
Own your future in Tailem Bend. Contact RPD today to learn more.