OFF MARKET

131 Bicentennial Drive
Jerrabomberra NSW 2619

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 131m2
Land area: 769m2
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Property Details for 131 Bicentennial Dr, Jerrabomberra

131 Bicentennial Dr, Jerrabomberra is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1989. The property has a land size of 769m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
House
Year Built
1989
Floor Size
131m2
Land Size
769m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
207/DP787239

Last Listing description (April 2016)

Being a Defence Housing Australia home this is the perfect investment opportunity in a great location for the future. In an elevated position with three good sized bedrooms, a large patio area and secure rear yard with mature trees this is an ideal home for the astute investor who may want to live in later. Located close to schools, shopping centres with easy access to Canberra this is the one!
As you enter the home you have the formal lounge, dining to one side of the entrance, with the master bedroom on the other side with views to the front garden. The master bedroom has built in robes and an ensuite. The hub of the home is the kitchen and living area with views to an excellent outdoor living area with a mature garden. A benefit to this home is the separation the master bedroom has from the other good sized bedrooms with built in robes and their own separate toilet and bathroom with bath. With ducted evaporative cooling your comfort is assured during summer.
A level, secure rear yard is another feature to this home, with good balance between the undercover patio area and lawn. The double lockable garage has a single roller door that allows access through to the rear yard. With raised garden beds in the rear yard, it is obvious that past tenants have made this place a home.

As this property is currently rented out through DHA, security and regular rental income is assured. This is your time to secure a property with an excellent rental return with a long-term lease, regular rent reviews and scheduled maintenance. The current lease ends May 2019 with guaranteed weekly rent of $490 per week.
Now is the time to sit back and watch the rent roll in, an opportunity not to be missed. Reluctantly this home must be sold.
With potential for a gross yield in excess of 4.8% this is one of the best DHA homes available!
Features:
Long-term secure lease expires May 2019
Guaranteed rental return from DHA
Single level home in an elevated position
Good sized bedrooms all with BIR
Ducted gas heating and cooling
Separate toilet
Lockable double garage with rear yard access
Large secure rear yard with mature trees
Rates: $651.65 per quarter (approx.)
Block size: 769 m2
Land value: $294,000 (approx.)

Property History for 131 Bicentennial Dr, Jerrabomberra, NSW 2619

A timeline of how this property has performed in the market
Last Sold
$530,000
07 Apr 2016
  • 07 Apr 2016
    Sold for $530,000
  • 22 Jan 2016
    Listed for Sale $520,000 - $540,000
  • 22 Aug 2011
    Listed for Sale $490,000
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About Jerrabomberra 2619

The size of Jerrabomberra is approximately 11.3 square kilometres. It has 17 parks covering nearly 21.9% of total area. The population of Jerrabomberra in 2011 was 9,420 people. By 2016 the population was 9,523 showing a population growth of 1.1% in the area during that time. The predominant age group in Jerrabomberra is 40-49 years. Households in Jerrabomberra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Jerrabomberra work in a professional occupation. In 2011, 77.3% of the homes in Jerrabomberra were owner-occupied compared with 77.2% in 2016.

Jerrabomberra has 3,586 properties. Over the last 5 years, Houses in Jerrabomberra have seen a 54.38% increase in median value, while Units have seen a 60.28% increase. As at 31 October 2024:

  • The median value for Houses in Jerrabomberra is $1,150,746 while the median value for Units is $744,865.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Jerrabomberra on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Jerrabomberra.

Suburb Insights for Jerrabomberra 2619

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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.