OFF MARKET

40 Romulus Circuit
Augustine Heights QLD 4300

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 160m2
Land area: 480m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 40 Romulus Cct, Augustine Heights

40 Romulus Cct, Augustine Heights is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 480m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
2011
Floor Size
160m2
Land Size
480m2
Local Government
Ipswich
Lot/Plan
348/SP238647

Last Listing description (August 2018)

This modern and spacious home was built in 2011 and is perfect for investors looking good long term growth and the security of guaranteed rent from a long term DHA (Defence Housing Australia) lease. With just under seven years remaining on the 12 year lease (plus a 3 yr option) you will have assurance of a guaranteed income and stress free investing regardless of wether the home is tenanted.
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
* Restoration works completed at the end of the lease
* Zero re-letting fees
LEASE FEATURES :
* Gross rent $425 pw - reviewed annually by independent valuers
* Lease restoration works completed by DHA at lease end.
* Located in growth area of Queensland on a lovely street in a quiet neighbourhood.
LEASE DETAILS :
* Leased until Feb 2025
* Option available : 1 x 36 month option
* Right to vary : 1 x up to 12 months reduction or 1 x up to 12 months extension
* All options/extensions are in DHA's favour.
PROPERTY FEATURES:
* Brick and Tile home with 4 Bedrooms - main with Ensuite & WIR
* 2 Living areas inc Shared Kitchen/Dining, Family Meals area and Lounge
* DLUG with internal access
* 480 sqm Block
* Outdoor and undercover entertaining/Alfresco area
* Airconditioning
* Outdoor patio overlooking rear yard.
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.
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property. If you would like to arrange an inspection please contact Sharon Richter of Hudson Property Agents - the Defence Properties specialists
** Photographs in this advertisement were taken whilst previously vacant between defence tenant placements in order to protect current occupants privacy & are to be used as a guide only. All inspections require a minimum notice.

Property History for 40 Romulus Cct, Augustine Heights, QLD 4300

A timeline of how this property has performed in the market
Last Sold
$450,000
22 Jun 2018
  • 22 Jun 2018
    Sold for $450,000
  • 16 Mar 2018
    Listed for Sale $479,000+
  • 16 Jan 2013
    Sold for $420,000
Sign in to see more transactions

Commute Calculator

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 2,316 properties. Over the last 5 years, Houses in Augustine Heights have seen a 63.92% increase in median value, while Units have seen a 139.79% increase. As at 30 November 2024:

  • The median value for Houses in Augustine Heights is $992,752 while the median value for Units is $766,804.
  • Houses have a median rent of $620.
There are currently 10 properties listed for sale, and 5 properties listed for rent in Augustine heights on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Augustine heights.

Suburb Insights for Augustine Heights 4300

Market Insights
Augustine Heights Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Augustine Heights Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.