SOLD
Sold on 28 Feb 2024 for $740,000

9 Gibbes Street
Thornton NSW 2322

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 578m2
Sold By
Dylan Abela
River Realty - Thornton
John Birrell
River Realty - Thornton
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Property Details for 9 Gibbes St, Thornton

9 Gibbes St, Thornton is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 578m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Thornton in the last 12 months.

Building Type
House
Year Built
2016
Land Size
578m2
Local Government
Maitland
Lot/Plan
231/DP1209054

Last Listing description (April 2024)

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The Agent Loves
"I love that this home boasts so much space and light-filled rooms. As well as an incredible investment opportunity to begin or expand your portfolio".

The Location
Located in the quiet and leafy neighbourhood of Thornton, this modern home is less than a 10-minute drive to Stockland Green Hills, local parks, and other popular facilities. This family-friendly setting also offers close proximity to Thornton Public School and Francis Greenway High School, together with several transport options, including the nearby Thornton train station.

Maitland CBD - 14 min (10.5km)
Stockland Green Hills - 7 min (4.9km)
Newcastle CBD - 34 min (28.8km)

The Snapshot
Situated in Thornton's prime location, this Defence Housing Australia property guarantees a rental return, making it a fantastic choice for keen investors. This contemporary home features three bedrooms, with the master offering an ensuite and walk-in robe. Multiple living spaces complement a generous kitchen with stone benchtops and quality appliances. Enjoy unmatched security with tenancy primarily by Australian Defence Force personnel and their families, ensuring uninterrupted rental return.

The Home
Nestled in the highly sought-after location of Thornton, this property offers an exclusive Defence Housing Australia opportunity with a guaranteed rental return. Representing both reliability and potential, it stands as a fantastic choice for those looking to begin or expand their investment portfolio.

This modern brick and tile home, set on a 578 sqm allotment, offers 3 bedrooms - three with built-in robes and a master featuring an ensuite and walk-in robe. Highlighted by multiple living areas, the property showcases a well-appointed kitchen with stone benchtops and premium appliances. Additionally, there is an undercover entertainment space, a low-maintenance garden, secure fencing, and a double garage with interior access.
When purchasing a DHA investment property, you receive one of the most secure property investments available in Australia. When the property is tenanted, it's exclusively by Australian Defence Force personnel and their families. And when it's not, you continue to receive full rent.

DHA LEASE DETAILS:
- Lease start date: June 2016
- Lease end date: June 2025
- Lease option for extension ? 36 months
- Right to vary available - NIL
- All options/extensions are in DHA's favour
- Current gross rent $630 per week and is reviewed annually each December.

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

**Investing with DHA - This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit Defence Housing Australia | Homepage to learn about the benefits of investing in Defence Housing Australia property.**

**Photos are supplied under an agreement by DHA and are for illustration purposes only.**

SMS 9Thornton to 0428 166 755 for a link to the online property brochure.

Property History for 9 Gibbes St, Thornton, NSW 2322

A timeline of how this property has performed in the market
Last Sold
$740,000
28 Feb 2024
  • 28 Feb 2024
    Sold for $740,000
  • 27 Sep 2023
    Listed for Sale Not Disclosed
  • 09 Jun 2016
    Sold for $490,000

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About Thornton 2322

The size of Thornton is approximately 16.6 square kilometres. It has 6 parks covering nearly 1.2% of total area. The population of Thornton in 2011 was 7,861 people. By 2016 the population was 8,060 showing a population growth of 2.5% in the area during that time. The predominant age group in Thornton is 0-9 years. Households in Thornton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornton work in a trades occupation. In 2011, 80.9% of the homes in Thornton were owner-occupied compared with 77.3% in 2016.

Thornton has 5,144 properties. Over the last 5 years, Houses in Thornton have seen a 61.54% increase in median value, while Units have seen a 45.79% increase. As at 31 August 2024:

  • The median value for Houses in Thornton is $804,544 while the median value for Units is $495,984.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 17 properties listed for sale, and 7 properties listed for rent in Thornton on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Thornton.

Suburb Insights for Thornton 2322

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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.