OFF MARKET

49 David Miller Crescent
Casey ACT 2913

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 128m2
Land area: 391m2
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Property Details for 49 David Miller Cres, Casey

49 David Miller Cres, Casey is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 391m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
2012
Floor Size
128m2
Land Size
391m2
Local Government
Gungahlin
Lot/Plan
CASEY: Block 7, Section 35

Last Listing description (December 2021)

This modern, 3 bedroom home will undoubtedly catch the eye of the discerning investor looking for a long term, Defence Housing Australia (DHA) lease.
This investment property is located in the rapidly growing suburb of Casey. With a good choice of: local schools, shops, and Canberra CBD only 20 minutes away, this is an ideal property to get guaranteed rent on for a minimum of 6 years and after the lease expires you can move in and call it home.

Price: $820,000

Rent: $570 PW (reviewed annually)
Gross yield: 3.6 %
Lease: 7/01/2026+ 3 year option
Constructed: 2010

Property Details
3 bedrooms, main bedroom with walk in robe and ensuite
Additional 2 good size bedrooms all with built in robes
Undercover porch to entry
Open plan kitchen /family and lounge room
Neutral palette Kitchen with gas top cooking and electric oven
Main bathroom with separate toilet
laundry with extra storage with additional linen cupboard near bathroom
Covered outdoor patio
Double remote garage with internal and rear access to yard
Child and pet friendly, fully fenced back yard
Security screens to windows and doors
Ducted air conditioning/heating and ceiling fans
EER: 4.5

Residence: 121 sqm
Garage: 35sqm
Block: 391 sqm

Whats Nearby?
(Distance & Times are approximate)
Casey Market Town: 750 m (2 min)
Ngunnawal Primary School: 2.4km (4min)
Ngunnawal Child Care; 2.3 (4min)
St john Paul II College: 1.2km (2min)
Holy spirit Catholic Primary School: 2.4km (4min)
Gold Creek High School: 2.1km (4min)
Canberra CBD: 18.7km (20 min)
Canberra Airport: 23km (21 min)

Lease details:
Leased to Defence Housing Australia (DHA)
Lease edition: 6
Current weekly rent: $570 p.w
Lease end date: 07/01/2026
Option available: 1 x up to 36 months (refer to the DHA Lease Agreement)
Right to Vary available: 1 x up to 12 months Reduction and 1 x up to 12 months Extension (refer to the DHA Lease Agreement)
All options and variations are exercised at DHAs discretion

DHA lease benefits:
DHA guarantee to pay the rent even if the property is vacant.
DHA Property Care, an all-inclusive service fee, covers a range of property related services.
The property is cleaned at the end of each tenancy period.
The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.
Photos are supplied under agreement by DHA and are for illustration purposes only.

In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.

To find out more about this great investment opportunity, or if you would like to arrange an inspection, please contact Tracee Stuart at Hudson Property; the Defence Specialists.

Property History for 49 David Miller Cres, Casey, ACT 2913

A timeline of how this property has performed in the market
Last Sold
$820,000
16 Nov 2021
  • 16 Nov 2021
    Sold for $820,000
  • 13 Oct 2021
    Listed for Sale Not Disclosed
  • 05 May 2010
    Sold for $203,000
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About Casey 2913

The size of Casey is approximately 2.6 square kilometres. It has 4 parks covering nearly 27% of total area. The population of Casey in 2011 was 1,490 people. By 2016 the population was 5,752 showing a population growth of 286.0% in the area during that time. The predominant age group in Casey is 30-39 years. Households in Casey are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Casey work in a professional occupation. In 2011, 74.5% of the homes in Casey were owner-occupied compared with 72.2% in 2016.

Casey has 2,500 properties. Over the last 5 years, Houses in Casey have seen a 45.59% increase in median value, while Units have seen a 40.86% increase. As at 31 October 2024:

  • The median value for Houses in Casey is $982,118 while the median value for Units is $639,212.
  • Houses have a median rent of $665 while Units have a median rent of $585.
There are currently 12 properties listed for sale, and 7 properties listed for rent in Casey on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Casey.

Suburb Insights for Casey 2913

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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.