FOR SALE
By Negotiation

Contact Agent For Address
Watson ACT 2602

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 256m2
Land area: 518m2
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OPPORTUNITY KNOCKS - actually it is bashing down the door

Defence Housing Australia end of lease: 20/12/2027
Lease options: Already exercised
Gross Rent: $945.56 per week
Management Fee: 16.5%
Market Rent Review: 1st January 2025, with automatic 2.5% increase on 1/1/26 and 1/1/27 until the end of the lease.
For owner/occupiers: buy now and talk to your accountant about claiming 100% of the stamp duty, and receive guaranteed rent until you move into your new home in 2027.
For investors: DHA investment properties are renowned as being excellent value for money with great returns - and this 2.5% automatic increase was not continued by DHA beyond 2007. Discuss options with DHA at the end of this lease, or continue renting the property in the private rental market.
The rarity of this opportunity, with a prized Inner North location, a rare 2.5% increase in 2026 and 2027, plus the flexible floorplan of either a five bedroom ensuite home with two living areas or a four bedroom ensuite home with three living areas means you need to keep reading.
On offer is this well maintained, contemporary five bedroom ensuite home built by Prestige Building Services to exacting standards, with a different floorplan to other DHA properties. There are not many DHA houses in the Inner North.
Upon entering the home, the large feature wall separates the entry to the large formal lounge and dining room. The living spaces provide plenty of room for both formal and informal entertaining, together with a well-equipped kitchen, complete with easy access to the back yard and outdoor entertainment areas.
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Property Details for Contact Agent For Address, Watson

Contact Agent For Address, Watson is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 518m2 and floor size of 256m2. The place is currently for sale with Blackshaw Manuka.

Building Type
House
Floor Size
256m2
Land Size
518m2

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About Watson 2602

The size of Watson is approximately 3.7 square kilometres. It has 9 parks covering nearly 16% of total area. The population of Watson in 2011 was 5,121 people. By 2016 the population was 5,880 showing a population growth of 14.8% in the area during that time. The predominant age group in Watson is 30-39 years. Households in Watson are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watson work in a professional occupation. In 2011, 59.8% of the homes in Watson were owner-occupied compared with 57.2% in 2016.

Watson has 3,135 properties. Over the last 5 years, Houses in Watson have seen a 40.87% increase in median value, while Units have seen a 55.57% increase. As at 30 November 2024:

  • The median value for Houses in Watson is $1,059,231 while the median value for Units is $623,920.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 11 properties listed for rent in Watson on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Watson.

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Contact agent
Christine Shaw
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Blackshaw Manuka
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