SOLD

3/40-42 Diamond Circuit, Rutherford, NSW 2320


Shine Bright Like A Diamond

When starting out on your property journey, an opportunity to enter the market in a brand-new property seldom presents itself. Today we welcome you to the brilliant establishment at 40-42 Diamond Crt, Rutherford.


Three of the seven free standing villas in the complex are almost finished construction and are ready to market for the astute purchaser ready to get in before completion.

This villas offers three bedrooms, a double remote garage with internal access and an undercover alfresco area in a fully fenced grassed yard. Being free standing and having a yard gives the illusion of your own small house rather than being in built up living but in a price range that provides an opportunity to enter the market, invest or downsize alike.


Being brand new the complex will attract first home buyers eligible for the First Home Buyer – New Home Scheme, stamp duty exemption and abolishment of Insurance duty on lenders’ mortgage insurance. For more information about the benefits of purchasing a brand new first home go to https://www.revenue.nsw.gov.au/grants-schemes/first-home-buyer/new-homes.

Equally, investors will pay keen attention to the development when looking to maximise depreciation tax incentives and reduce maintenance costs for a more predictable rental return. Considering Rutherford was named the number 2 suburb in NSW for investment
2019 by Money Magazine, the suburb has achieved a yield of 4.9% in the suburb over the last 12 months and an annual capital growth rate of 2.15% for units and villas it is no wonder the predictions for investment in the area are positive.

Alternately, downsizers looking to make the most of the governments non-concessional contribution to super when downsizing from the family home over the age of 65 will see many benefits of this sweet spot of the market with home maintenance kept at a minimum, a healthy balance between community living and the independence and privacy of a free standing property, the proximity to the services Rutherford Shopping Precinct offers and the access this price point offers without compromising on the quality of your home. For more information of what is available for downsizers of the age of 65 go to https://www.moneysmart.gov.au/superannuation-and-retirement/income-sources-in-retirement/selling-the-family-home

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