The development will be known as Midvale and is expected to be completed in January 2026. Midvale is an SDA (Specialist Disability Accommodation ) development of seven separately titled two-bedroom, two-bathroom villas that are now available for purchase off the plan.
With a projected gross return of between 9% & 9.5% over the next 10 years, this lucrative investment is one for the savvy investor.
The Midvale villas have been designed for Specialist Disability Accommodation SDA participants funded for Robust (R), and High Physical Support (HPS). The second bedroom in each villa accommodates on-site overnight assistance (OOA). The design flexibility allows for a mix of category participants at Midvale.
SDA funding is provided to eligible NDIS participants who live in SDA certified homes. The SDA subsidy the NDIS pays varies with each design category and location. The NDIS expects the participant to make a maximum reasonable rent contribution (MRRC), paid from their pension and supplement plus Commonwealth rent assistance. This presently totals $83,183 and $87,639 annually per villa for R and HPS, respectively.
For a full Information Memorandum on "Midvale", contact Richard Lowenhoff or Laura Savage today from Ray White Midland & Hills.
This property at 1/86 Victoria Parade, Midvale is a two bedroom, two bathroom villa listed for sale by Richard Lowenhoff and Laura Savage at Ray White Midland & Hills.
For more information about Midvale, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Midvale profile page.
If you would like to get in touch with Richard Lowenhoff or Laura Savage regarding 1/86 Victoria Parade, Midvale, please call Richard on 0404 030 493 or call Laura on 0437 384 911, or contact the agent via email.
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Move with Alinta EnergyMidvale is an established suburb with some commercial areas along the Great Eastern Highway. Belonging to the municipalities of the City of Swan and the Shire of Mundaring, settlement of Midvale dates from the mid-1800s with its most significant development period occurring between the 1950s and 1980s.
Defined by the homes and parks that dominate its landscape, Midvale provides residents with a quintessential suburban environment. Though home to a small commercial sector, the majority of Midvale is occupied by homes and there are numerous public open spaces like Elder Park, Moir Park, Morrison Park and Salisbury Park providing native scenery for residents to explore and enjoy. Midvale Primary School is the local school.
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