OFF MARKET

9/18 Sagittarius Close
Elermore Vale NSW 2287

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 113m2
Land area: 356m2
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Property Details for 9/18 Sagittarius Cl, Elermore Vale

9/18 Sagittarius Cl, Elermore Vale is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 356m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
2006
Floor Size
113m2
Land Size
356m2
Local Government
Newcastle
Lot/Plan
9/DP286048

Last Listing description (February 2021)

Located within a quiet complex and boasting a shared resort-style swimming pool and BBQ area, this three bedroom unit will not last. Featuring three generous sized bedrooms with built-in-robes and ceiling fans, the home also includes two bathrooms, a main and an ensuite in the master bedroom. The living and dining areas are separated by a new kitchen which was installed in July 2020, the refit includes new cabinets, appliances, splash back and benchtops. A fully enclosed back yard provides privacy and security.

This property is located in an ideal position close to Elermore Vale Public School as well as offering easy access to John Hunter Hospital. Glendale Shopping Centre is a short 7 minute drive away and the local Elermore Vale Shopping Centre is within easy reach. Public transport allows for an easy commute to the university, Newcastle CBD and Charlestown Shopping Centre.

Built approximately 2006 and currently rented at $465pw, this DHA investment property's rental income is assessed annually (each December) and rental income is guaranteed until the end of the lease.

PROPERTY FEATURES:
* 3 bedrooms all with built-in-robes and 2 bathrooms
* Master bedroom, air conditioned, built-in-robe and en-suite
* Separate living and dining areas both with split system air conditioning
* Tiled dining and carpeted living and bedrooms
* Ceiling fans throughout
* Separate laundry
* Double auto garage with internal access
* Undercover outdoor entertaining area
* Low maintenance backyard
* Shared resort style swimming pool and BBQ area

This investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly and other extensive benefits of the DHA Property Care Services.

LEASE DETAILS :
* Lease start date: 01/04/2010
* Lease end date: 31/03/2022
* Lease option: 1 x up to 36 months
* Right to vary: 1 x up to 12 month extension
* All options/extensions are in DHA's favour

* Current Gross rent for 2021 is $475pw and reviewed annually each December
* Built approx. 2006
* Council Rates - approx. $444 per qtr.
* Water Rates - approx. $270 per qtr.
* Strata Fees - approx. $460 per qtr.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you.

* Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Jenny Andrew of Hudson Property Agents on 0414 207 279.
**In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.

Property History for 9/18 Sagittarius Cl, Elermore Vale, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$480,000
28 Jan 2021
  • 28 Jan 2021
    Sold for $480,000
  • 09 Dec 2020
    Listed for Sale Not Disclosed
  • 26 Feb 2010
    Sold for $365,000
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About Elermore Vale 2287

The size of Elermore Vale is approximately 4.8 square kilometres. It has 22 parks covering nearly 12% of total area. The population of Elermore Vale in 2011 was 5,186 people. By 2016 the population was 5,516 showing a population growth of 6.4% in the area during that time. The predominant age group in Elermore Vale is 0-9 years. Households in Elermore Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Elermore Vale work in a professional occupation. In 2011, 69.5% of the homes in Elermore Vale were owner-occupied compared with 70.3% in 2016.

Elermore Vale has 2,835 properties. Over the last 5 years, Houses in Elermore Vale have seen a 70.60% increase in median value, while Units have seen a 53.97% increase. As at 30 November 2024:

  • The median value for Houses in Elermore Vale is $865,411 while the median value for Units is $609,580.
  • Houses have a median rent of $640 while Units have a median rent of $595.
There are currently 25 properties listed for sale, and no properties listed for rent in Elermore vale on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Elermore vale.

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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.