OFF MARKET

7 Gallagher Close
Queanbeyan West NSW 2620

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 188m2
Land area: 736m2
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Property Details for 7 Gallagher Cl, Queanbeyan West

7 Gallagher Cl, Queanbeyan West is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 736m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
House
Year Built
2005
Floor Size
188m2
Land Size
736m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
26/DP1074038

Last Listing description (March 2017)

This DHA investment equals 'peace of mind' from a long lease, guaranteed rental income paid monthly in advance, restoration provisions at lease end and other extensive DHA Property Care Services.
Positioned in a street with other quality houses this is sure to impress the astute investor.
This sound DHA investment is currently being rented at $560 per week which expires on 19/12/2020 with a right to vary one year extension/reduction. The security of having a guaranteed lease and strong rental income for many investors is the ideal situation.

This four bedroom home is spacious from the moment you walk in. It has been built with the double garage on street level. As you walk into the home you are greeted with a formal living area, through to the informal living off the very functional kitchen. A spacious wooden entertaining deck is sure to impress, whilst the gardens are easy care and easy to maintain. The property provides comfort of living all year round with ducted heating and cooling. Both the bathroom and ensuite are modern.
Features Include:
. Solid spacious home with great street appeal
. Two storey across three split levels with double garage
. Large 7m long combined lounge and dining room
. Open plan family/meals and kitchen area
. Four bedrooms ensuite home with two living areas
. Functional kitchen with corner pantry and gas cooktop and electric oven
. Bathroom with separate bath and shower
. Segregated master bedroom with balcony, walk in robe and ensuite
. Bedrooms 2, 3 and 4 all have built in robes
. Spacious covered entertaining deck/verandah from family room
. Spacious laundry with storage
. Ducted gas heating and evaporative cooling
Rates: $2,348.41 per annum (approx.)
Block size: 711 m2 (approx.)
Land value: $221,000 (approx.)
Contact Christine Shaw or Jane Ahern to arrange a private viewing appointment.
DHA Lease: 20/12/2005 to 19/12/2020
Lease Option: Already Exercised
Right to Vary Available: Plus/minus 1 x 12 month reduction or extension
Gross Rent $560 per week with annual reviews
*Approx. Gross Yield calculated on $560,000 sale price
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 read about the benefits of investing in Defence Housing Australia property.

Property History for 7 Gallagher Cl, Queanbeyan West, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$560,000
28 Mar 2017
  • 28 Mar 2017
    Sold for $560,000
  • 01 Feb 2017
    Listed for Sale $560,000
  • 06 Feb 2013
    Listed for Sale Not Disclosed
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About Queanbeyan West 2620

The size of Queanbeyan West is approximately 2.8 square kilometres. It has 13 parks covering nearly 28.2% of total area. The population of Queanbeyan West in 2011 was 3,156 people. By 2016 the population was 3,142 showing a population decline of 0.4% in the area during that time. The predominant age group in Queanbeyan West is 20-29 years. Households in Queanbeyan West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan West work in a clerical occupation. In 2011, 64.3% of the homes in Queanbeyan West were owner-occupied compared with 62.7% in 2016.

Queanbeyan West has 1,726 properties. Over the last 5 years, Houses in Queanbeyan West have seen a 56.48% increase in median value, while Units have seen a 23.14% increase. As at 31 October 2024:

  • The median value for Houses in Queanbeyan West is $852,840 while the median value for Units is $455,149.
  • Houses have a median rent of $665 while Units have a median rent of $483.
There are currently 1 property listed for sale, and 5 properties listed for rent in Queanbeyan west on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Queanbeyan west.

Suburb Insights for Queanbeyan West 2620

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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.