OFF MARKET

16 Goonawarra Street
Gobbagombalin NSW 2650

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 652m2
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Property Details for 16 Goonawarra St, Gobbagombalin

16 Goonawarra St, Gobbagombalin is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 652m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
2015
Land Size
652m2
Local Government
Wagga Wagga
Lot/Plan
137/DP1200506

Last Listing description (August 2021)

This modern, 4 bedroom home will undoubtedly catch the eye of the discerning investor looking for a long term, Defence Housing Australia (DHA) lease.
The property is located in the rapidly growing suburb of Gobbagombalin, Wagga Wagga; north of the Murrumbidgee River. With a 3 kms drive to Charles Sturt University and a 10 minute drive to Waggas town centre, this investment property is well located in a suburb which is quickly transitioning from a rural residential area to a more urban one.

Price: $565,000

Rent: $460 PW
Gross yield: 4.23%
Lease: 12 years + 3 year option
Constructed: 2015

Property Details
4 bedrooms, main bedroom with walk in robe and ensuite
Additional 3 good size bedrooms all with built in robes
Undercover porch to entry or via internal access through double garage
Open plan kitchen /dining and family room
Separate carpeted lounge room
linen press and coat cupboard for additional storage
laundry with extra storage
Undercover entertaining area
Child and pet friendly, fully fenced back yard

Estella Public School: 1.8 km approx
Riverina Anglican College 3.2 km approx.
Charles Sturt University- 2.8 km approx.
Wagga CBD- 6.7 km approx..

Lease details:
Leased to Defence Housing Australia (DHA)
Lease edition: 6C
Current weekly rent: $460 p.w
Lease end date: 20/07/2029
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 16 Goonawarra St, Gobbagombalin, NSW 2650

A timeline of how this property has performed in the market
Last Sold
$580,000
08 Jul 2021
  • 08 Jul 2021
    Sold for $580,000
  • 02 Jul 2021
    Listed for Sale $565,000
  • 05 Jun 2017
    Sold for $435,000
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About Gobbagombalin 2650

The size of Gobbagombalin is approximately 39.5 square kilometres. The population of Gobbagombalin in 2011 was 363 people. By 2016 the population was 474 showing a population growth of 30.6% in the area during that time. The predominant age group in Gobbagombalin is 20-29 years. Households in Gobbagombalin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gobbagombalin work in a professional occupation. In 2011, 73.8% of the homes in Gobbagombalin were owner-occupied compared with 73.9% in 2016.

Gobbagombalin has 1,451 properties. Over the last 5 years, Houses in Gobbagombalin have seen a 65.98% increase in median value, while Units have seen a 35.71% increase. As at 31 October 2024:

  • The median value for Houses in Gobbagombalin is $758,241 while the median value for Units is $526,311.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 31 properties listed for sale, and 5 properties listed for rent in Gobbagombalin on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Gobbagombalin.

Suburb Insights for Gobbagombalin 2650

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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.