OFF MARKET

40 Quinn Close
Augustine Heights QLD 4300

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 143m2
Land area: 508m2
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Property Details for 40 Quinn Cl, Augustine Heights

40 Quinn Cl, Augustine Heights is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 508m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
House
Year Built
2010
Floor Size
143m2
Land Size
508m2
Local Government
Ipswich
Lot/Plan
134/SP226958

Last Listing description (April 2023)

INVESTORS : This property is leased to DHA on a long lease through to 2026 plus 1 x 3 yr option which could take it through until 2029. Located in AUGUSTINE HEIGHTS, one of South East Queensland's growth suburbs, approx 35mins from Brisbane CBD. Situated in a quiet, well established family friendly neighbourhood, close to numerous local schools, shops and public transport and offering all the convenience residents require for comfortable living. Investors will love the security of the long term lease in place with DHA (Defence Housing Australia) offering guaranteed rent.

A DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option to get started.

With record low interest rates, South East Queensland experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Queensland's growth is to continue well in to the future, now is the perfect time to consider investing into the region.

CURRENT RENT FOR 2022: $500PW and assessed annually.

LEASE DETAILS
* Lease edition 6B
* Lease start : 8/9/2014
* Lease end : 7/9/2026
* Lease option : 1 x up to 36 months
* Right to vary : 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options/extensions are in DHA's favour.

CURRENT RENT FOR 2022: $500PW and assessed annually

PROPERTY FEATURES:
* 3 Bedrooms - master with private Ensuite, Air con & Built in robe
* 2 Living areas inc Shared Kitchen/Dining, Family Meals area and Separate lounge
* Modern Kitchen with SS appliances, ample bench space and storage.
* DLUG with internal access
* 508 sqm Block
* Outdoor and undercover entertaining/Alfresco area
* Airconditioning
* Located in growth area of Queensland on a lovely street in a quiet neighbourhood.
* Built approx 2010
* Woolworths and local Restaurants less than 5 minutes drive
* Central to public and private schools
* Orion Shopping Precinct and Springfield Central Train Station less than 10 minutes drive

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
* Zero re-letting fees

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you.

ABOUT AUGUSTINE HEIGHTS
Augustine Heights is part of Greater Springfield region. In 2013, the population of Greater Springfield was estimated around 30,000, with a projection to grow to 105,000 residents by 2030. ... The plan is to have a group of suburbs with the population of Darwin by 2030. Located just 33km southwest of Brisbane CBD and 13km southeast of Ipswich and excellent transport, medical, education and lifestyle facilities.

*** Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Sharon Richter of Hudson Property Agents. In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
Information provided above has been obtained from various sources from which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorpan, build date, land size, floor plans and size, property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.

Property History for 40 Quinn Cl, Augustine Heights, QLD 4300

A timeline of how this property has performed in the market
Last Sold
$425,000
13 Aug 2014
  • 28 Mar 2022
    Listed for Sale Offers over $625,000
  • 13 Aug 2014
    Sold for $425,000
  • 30 Sep 2009
    Sold for $2,700,000

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About Augustine Heights 4300

The size of Augustine Heights is approximately 5.1 square kilometres. It has 8 parks covering nearly 5.9% of total area. The population of Augustine Heights in 2011 was 1,971 people. By 2016 the population was 4,835 showing a population growth of 145.3% in the area during that time. The predominant age group in Augustine Heights is 0-9 years. Households in Augustine Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Augustine Heights work in a professional occupation. In 2011, 67.3% of the homes in Augustine Heights were owner-occupied compared with 53% in 2016.

Augustine Heights has 2,318 properties. Over the last 5 years, Houses in Augustine Heights have seen a 60.96% increase in median value, while Units have seen a 132.19% increase. As at 31 July 2024:

  • The median value for Houses in Augustine Heights is $972,733 while the median value for Units is $789,052.
  • Houses have a median rent of $598.
There are currently 9 properties listed for sale, and 9 properties listed for rent in Augustine heights on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Augustine heights.

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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.