OFF MARKET

11 Schneider Street
Muirhead NT 0810

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 167m2
Land area: 599m2
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Property Details for 11 Schneider St, Muirhead

11 Schneider St, Muirhead is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 599m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2014
Floor Size
167m2
Land Size
599m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 11240/LTO2013/067C

Last Listing description (April 2023)

When buying a property investment, the quality of the tenant is paramount.

Collect the rent from Australia's best residential tenant - Defence Housing.
Rest easy with their renowned management of the property during the lease period.

There are still 5 years to run on the main lease of this home - plus a further 3 option period on top.

This modern home is a good investment, as it is well-built and located in one of our most popular suburbs. Here are some features -

* 3 bedrooms, main with ensuite
* Separate formal study area
* All 3 bedrooms have tiled floors and built-in robes
* The family and dining areas adjoin the side verandah
* There is a second living/family room
* The home is fully air-conditioned by split-system units
* Double lock-up garage with storage space and internal access
* 599sqm lot with a generous 20m frontage
* Side parking area for boat, trailer or caravan
* Neighbourhood of similar-quality homes
* Casuarina Square, Hospital and University are all close by
* Darwin city rates approx. $1770p.a
* Garbage collection $312p.a

DHA Lease Summary
Lease end date: December 2027
Current Rent For 2023: $825 per week
Rent reviewed each year at 31st December - rent cannot go below $825pw

DHA Lease Options and Variations
Lease option: Up to 3-year lease-option period - option in favour of DHA
Right to vary: 1 x up to 12 months Reduction/Extension in the lease term

Note: The right to vary the term of the lease is at DHA's discretion.

* DHA guarantee to pay the rent even if the property is vacant.
* DHA Property Care, an all-inclusive service fee, covers a range of property-related services.
* The property is cleaned at the end of each tenancy period.
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
* A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and
applies to commencement rent).

Investing with DHA - This property is for sale on behalf of a DHA lessor and has a DHA (Defence Housing Australia) lease in place.

Visit dha.gov.au to learn about the benefits of investing in DHA property.

DHA regulations mean that this property will be available for private inspection only and to prequalified buyers only.

The rent displayed is the 2023 rental figure.

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

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Property History for 11 Schneider St, Muirhead, NT 0810

A timeline of how this property has performed in the market
Last Sold
$682,000
15 May 2023
  • 15 May 2023
    Sold for $682,000
  • 05 Oct 2022
    Listed for Sale $720 000
  • 15 Dec 2015
    Sold for $740,000

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About Muirhead 0810

The size of Muirhead is approximately 1.7 square kilometres. It has 11 parks covering nearly 9.3% of total area. The population of Muirhead in 2006 was 84,116 people. By 2016 the population was 2,418 showing a population decline of 97.1% in the area during that time. The predominant age group in Muirhead is 30-39 years. Households in Muirhead are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Muirhead work in a professional occupation. In 2006, 31.6% of the homes in Muirhead were owner-occupied compared with 46.1% in 2016.

Muirhead has 1,281 properties. Over the last 5 years, Houses in Muirhead have seen a 34.96% increase in median value, while Units have seen a 35.65% increase. As at 31 October 2024:

  • The median value for Houses in Muirhead is $696,239 while the median value for Units is $682,378.
  • Houses have a median rent of $800 while Units have a median rent of $765.
There are currently 21 properties listed for sale, and 6 properties listed for rent in Muirhead on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Muirhead.

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