SOLD
Sold on 11 Jul 2024 for $835,000

3 Blue Gum Way
North Nowra NSW 2541

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 164m2
Land area: 915m2
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Property Details for 3 Blue Gum Way, North Nowra

3 Blue Gum Way, North Nowra is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 2004. The property has a land size of 915m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in North Nowra in the last 12 months.

Building Type
House
Year Built
2004
Floor Size
164m2
Land Size
915m2
Local Government
Shoalhaven
Lot/Plan
19/DP1036406

Last Listing description (August 2024)

Proudly positioned on a 915sqm parcel of land, this four-bedroom home presents the perfect opportunity for those looking to expand their investment portfolios. Nestled in a peaceful family-friendly neighbourhood, the home boasts a free-flowing floorplan & open-concept design. With dual living areas, open kitchen & dining space, four well-appointed bedrooms & generous outdoor entertaining zone.

This property may also suit someone wanting a solid investment now but also a great home to move into at the end of the DHA contract. DHA lease until 20th of December 2026 | Current rent $570 per week.

Property features:

- Brick & colorbond construction
- Double lock-up garage, plus double detached colorbond garage in rear yard
- Corner block, side yard access
- Fully fenced, private yard
- Master-bedroom with ensuite & walk-in robe
- All bedrooms feature built-in robes
- Reverse cycle air-conditioning
- Kitchen with gas cooktop, electric oven, ample storage & breakfast bar
- Large family-sized bathroom with corner bath, shower & toilet
- Internal laundry

DHA Lease Benefits:
- Guaranteed rent: DHA guarantees the rent for the entire lease period, even if the property is vacant. This provides a stable and predictable income stream for investors.
- Long-term leases: DHA offers lease terms of up to 12 years, with the possibility of extension. This can provide investors with peace of mind and long-term financial security.
- Reduced vacancy risk: Because DHA guarantees the rent, there is no risk of the property being vacant and generating no income.
- Property maintenance: DHA takes care of most non-structural repairs and maintenance under the Property Care Contract, which can save investors time and money.
- Market rent reviews: DHA conducts annual rent reviews to ensure that investors are receiving market value rent for their property.

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

For more information, contact Jared Cochrane on 0404 210 824.

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Property History for 3 Blue Gum Way, North Nowra, NSW 2541

A timeline of how this property has performed in the market
Last Sold
$835,000
11 Jul 2024
  • 11 Jul 2024
    Sold for $835,000
  • 03 Jul 2024
    Listed for Sale $850,000
  • 11 Mar 2024
    Listed for Sale $850,000
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About North Nowra 2541

The size of North Nowra is approximately 10.2 square kilometres. It has 25 parks covering nearly 23.8% of total area. The population of North Nowra in 2011 was 5,394 people. By 2016 the population was 5,826 showing a population growth of 8.0% in the area during that time. The predominant age group in North Nowra is 0-9 years. Households in North Nowra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Nowra work in a professional occupation. In 2011, 70.3% of the homes in North Nowra were owner-occupied compared with 69.2% in 2016.

North Nowra has 2,744 properties. Over the last 5 years, Houses in North Nowra have seen a 57.89% increase in median value, while Units have seen a 44.06% increase. As at 31 July 2024:

  • The median value for Houses in North Nowra is $677,051 while the median value for Units is $442,089.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 13 properties listed for sale, and 5 properties listed for rent in North nowra on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in North nowra.

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