8 Barratt StreetMuirhead NT 0810
Property Details for 8 Barratt St, Muirhead
8 Barratt St, Muirhead is a 4 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Muirhead in the last 12 months.
Last Listing description (December 2023)
Looking to invest?
Feeling nervous?
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 nearly 3 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 -
* 4 bedrooms, main with ensuite
* Open plan living
* There is a second living/family room
* All 4 bedrooms have tiled floors and built-in robes
* The family and dining areas adjoin the side verandah
* The home is fully air-conditioned by split-system units
* Double lock-up garage with storage space and internal access
* 630sqm lot with a generous 18m 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. $1800p.a
* Garbage collection $312p.a
DHA Lease Summary
Lease end date: January 2026
Current Rent For 2022: $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.
Property History for 8 Barratt St, Muirhead, NT 0810
- 21 Dec 2023Sold for $682,000
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0About 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 1,283 properties. Over the last 5 years, Houses in Muirhead have seen a 42.99% increase in median value, while Units have seen a 40.67% increase. As at 30 September 2024:
- The median value for Houses in Muirhead is $711,011 while the median value for Units is $687,459.
- Houses have a median rent of $800 while Units have a median rent of $765.
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