OFF MARKET

16 Silvereye Crescent
Albany Creek QLD 4035

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 194m2
Land area: 744m2
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Property Details for 16 Silvereye Cres, Albany Creek

16 Silvereye Cres, Albany Creek is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1999. The property has a land size of 744m2 and floor size of 194m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Year Built
1999
Floor Size
194m2
Land Size
744m2
Local Government
Moreton Bay
Lot/Plan
70/RP869060

Last Listing description (July 2018)

This expansive 4 bedroom home is for sale on behalf of a Defence Housing Australia lessor and has a DHA lease in place. (Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property). It has guaranteed rent 52 weeks of every year until 2021 (with further option). This is an opportunity to enter the investment market with a 'set-and-forget' property. There are excellent re-sale prospects in Albany Creek at the conclusion of the lease.
This home boasts large living areas, generous master bedroom with walk in robes and en-suite. The family and living rooms open out to a large entertaining area, overlooking the huge back yard.
OTHER FEATURES:

* Double lock up garage with remote entry
* Polished timber flooring in the living areas
* Ceiling Fans and security locks on window and door
* Air conditioning
* 744 m2 Block
LEASE DETAILS
Lease start date: 23/01/2015
Lease end date: 22/01/2021
Lease option: 1 x up to 36 months (Note the option and right to vary is at DHA's discretion)
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
Rental guarantee: $530pw
SUBURB OVERVIEW - ALBANY CREEK
Albany Creek, about 15km northwest from Brisbane's CBD in the Moreton Bay Shire, has experienced strong capital growth and increasing population in recent years. Bordering on 1700 acres of State Forest, Albany Creek is a popular suburb for young families with many residents travelling to Brisbane city and surrounding suburbs for work during the week. There is ample public transport options in the area. It is home to plenty of parks, walk and bikeways, retail outlets, restaurants and child care facilities. There are also a number of primary and secondary schools in the area.
With good access to the Sunshine Coast and the South Pine River, there are many recreational activities for residents to enjoy.
For more information or to arrange a private inspection please contact me at Richardson & Wrench Wilston/Windsor, your DHA specialist.
**In accordance with DHA regulations we advise that this property will be available for private inspection only and to pre-qualified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.

Property History for 16 Silvereye Cres, Albany Creek, QLD 4035

A timeline of how this property has performed in the market
Last Sold
$550,000
27 May 2018
  • 27 May 2018
    Sold for $550,000
  • 01 Feb 2018
    Listed for Sale Offers Over $550,000
  • 17 Dec 1998
    Sold for $242,000
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About Albany Creek 4035

The size of Albany Creek is approximately 9.7 square kilometres. It has 48 parks covering nearly 20.8% of total area. The population of Albany Creek in 2011 was 15,860 people. By 2016 the population was 15,775 showing a population decline of 0.5% in the area during that time. The predominant age group in Albany Creek is 50-59 years. Households in Albany Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albany Creek work in a professional occupation. In 2011, 82.6% of the homes in Albany Creek were owner-occupied compared with 80.7% in 2016.

Albany Creek has 6,658 properties. Over the last 5 years, Houses in Albany Creek have seen a 78.52% increase in median value, while Units have seen a 92.45% increase. As at 31 October 2024:

  • The median value for Houses in Albany Creek is $1,123,485 while the median value for Units is $777,723.
  • Houses have a median rent of $720 while Units have a median rent of $660.
There are currently 50 properties listed for sale, and 10 properties listed for rent in Albany creek on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Albany creek.

Suburb Insights for Albany Creek 4035

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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.