42 Emerald DriveMeroo Meadow NSW 2540
Property Details for 42 Emerald Dr, Meroo Meadow
42 Emerald Dr, Meroo Meadow is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 651m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in May 2014.
Last Listing description (May 2014)
This beautiful 4 bedroom home located in Emerald Drive, Meroo Meadow is sure to be a favorite with the investors. It is under a current DHA lease until December 2018.
What is a DHA Lease?
DHA stands for Defence Housing Australia. DHA manages your property and provides quality tenants from the Defence Force.
What are the benefits?
When you lease through DHA, rent is payable from commencement of the term of the lease, for the life of the lease. Rent is accrued daily and is paid monthly in advance, directly into your bank account; rent is even paid if the property isn't occupied.
A distinguishing feature of a DHA lease is DHA Property Care, an extensive range of property related services they provide throughout the lease term for a single service fee.
These services include:
Property management
Market rent review
Repair and maintenance
Emergency repair
Lease-end restoration
As the end of the lease agreement approaches, they ensure your property is returned in good order by providing a restoration service.
They ensure the property is professionally cleaned; appliances are clean and in good working order; and the dwelling, grounds and landscaping are in a neat and tidy condition.
Where the lease term is 6 years or longer, they paint the property internally. Where the lease term is 9 years or more, they also replace the carpet and paint externally (except where this is the responsibility of a Body Corporate).
This means that with minimal effort, you can move in, rent privately or sell the property as you wish.
Lease Start Date: 21/12/2006
Lease End Date: 20/12/2018
Please enquire as to current rental income.
Property History for 42 Emerald Dr, Meroo Meadow, NSW 2540
- 20 May 2014Sold for $420,000
- 07 Nov 2013Listed for Sale $420,000
- 08 Mar 2010Sold for $340,000
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About Meroo Meadow 2540
The size of Meroo Meadow is approximately 17.8 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Meroo Meadow in 2011 was 350 people. By 2016 the population was 486 showing a population growth of 38.9% in the area during that time. The predominant age group in Meroo Meadow is 40-49 years. Households in Meroo Meadow are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Meroo Meadow work in a professional occupation. In 2011, 76% of the homes in Meroo Meadow were owner-occupied compared with 82.2% in 2016.
Meroo Meadow has 237 properties. Over the last 5 years, Houses in Meroo Meadow have seen a 58.89% increase in median value, while Units have seen a 20.26% increase. As at 31 October 2024:
- The median value for Houses in Meroo Meadow is $1,037,932 while the median value for Units is $627,161.
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