FOR SALE
$659,000 Plus

Contact Agent For Address
Mcdowall QLD 4053

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 177m2
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ENTRY LEVEL INVESTING IN BRISBANE MARKET - DHA LEASED UNTIL 2027. RENT $640PW.

INVESTORS : Located just 10km from the Brisbane CBD and built in 2015 this modern townhome offers investors the opportunity to enter the Brisbane market with a assurance of guaranteed rent from DHA (Defence Housing Australia) and a long lease until 2027. Featuring 3 spacious bedrooms + separate study or multi purpose room, over 2 levels with an open plan kitchen which flows through sliding glass doors to the undercover outdoor entertainment area and yard. Located in a quiet complex with access to all the important amenities including McDowall State School, local shops and cafes, and Westfield Chermside within close proximity.
GROSS RENT FOR 2024: $640pw and adjusted annually based on the assessment from independent professional valuer.
DHA LEASE DETAILS :
* Lease start date: 19/06/2015
* Lease end date : 18/06/2027
* Lease option: Used
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options/extensions are in DHA's favour.
A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments,
all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home is repainted at DHA's expense before being handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to onsell to another investor at any time during the lease.
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Property Details for Contact Agent For Address, Mcdowall

Contact Agent For Address, Mcdowall is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 177m2. The place is currently for sale with Hudson Property.

Building Type
Townhouse
Land Size
177m2

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About Mcdowall 4053

The size of Mcdowall is approximately 4.2 square kilometres. It has 15 parks covering nearly 25.7% of total area. The population of Mcdowall in 2011 was 6,818 people. By 2016 the population was 7,228 showing a population growth of 6.0% in the area during that time. The predominant age group in Mcdowall is 40-49 years. Households in Mcdowall are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mcdowall work in a professional occupation. In 2011, 80.7% of the homes in Mcdowall were owner-occupied compared with 78.3% in 2016.

Mcdowall has 3,219 properties. Over the last 5 years, Houses in Mcdowall have seen a 83.43% increase in median value, while Units have seen a 78.45% increase. As at 31 August 2024:

  • The median value for Houses in Mcdowall is $1,192,315 while the median value for Units is $734,203.
  • Houses have a median rent of $750 while Units have a median rent of $675.
There are currently 20 properties listed for sale, and 6 properties listed for rent in Mcdowall on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Mcdowall.

Suburb Insights for Mcdowall 4053

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Contact agent
Sharon Richter
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Viv Robinson
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Hudson Property
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.