OFF MARKET

7 Ventura Way
Bellbird Park QLD 4300

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 142m2
Land area: 700m2
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Property Details for 7 Ventura Way, Bellbird Park

7 Ventura Way, Bellbird Park is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 700m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
2013
Floor Size
142m2
Land Size
700m2
Local Government
Ipswich
Lot/Plan
57/SP234775

Last Listing description (October 2023)

Located in the sought-after suburb of Bellbird Park, this stunning family home offers the perfect blend of modern style and functionality. This property is currently leased to Defence Housing Australia (DHA) and for sale on behalf of a DHA lessor.

This stunning four-bedroom home boasts an open-plan living and dining area, modern kitchen, separate media room and covered outdoor entertainment area. The spacious bedrooms feature built-in robes, and the master bedroom includes an ensuite. Other features include air conditioning, ceiling fans, and a double lock-up garage with internal access. This property is ideally situated near shops, schools, and public transport, making it the perfect investment opportunity.

* Built in 2011 and boasting a 700sqm allotment

* Open plan design with a modern approach to style
* Offering living and sitting spaces indoor and outdoor
* Four spacious bedrooms
* Two bathrooms
* Double lock up garage
* Air conditioning and ceiling fans throughout
* Conveniently located near parks, schools, shopping centres and transportation
* In the Greater Springfield Region - a well planned and fast growing community
* Close to Augusta State School and Bellbird Park State Secondary College
* Great access to community amenities, recreational & healthcare facilities

DHA Lease Summary:
* Current rental per week: $467.46 per week (After management fees and adjusted each December according to an independent professional valuation)
* Lease start date: 03/06/2013
* Lease end date: 02/06/2025

DHA Lease Options and Variations:
* Option Available: 1 x up to 36 months (extension)
* Right to Vary Available: 1 x up to 12 months reduction and 1 x up to 12 months extension

WHY DHA
Investing in a DHA (Defence Housing Australia) investment home is an ideal option for those seeking a secure and hassle-free investment. DHA offers a long-term lease of up to 12 years, with guaranteed rental payments for the duration of the lease, ensuring a steady and reliable cash flow for investors. DHA properties are located in high-demand rental areas, particularly in proximity to ADF bases, guaranteeing a constant pool of potential tenants. Moreover, DHA takes care of all maintenance and repairs for the property during the lease term, reducing the management burden for investors. DHA properties are built to a high standard and maintained to a high standard, which can result in higher resale value compared to non-DHA properties. With DHA's attractive incentives, such as a lease-end restoration guarantee and the ability to transfer the lease to a new owner, investing in a DHA property is a smart investment strategy for those looking for a secure and stable long-term investment.

DHA Lease Benefits:
* Guaranteed rent is paid 52 weeks a year (DHA guarantee to pay the rent even if the property is vacant).
* Rent is paid a month in advance
* Rent is reviewed in December every year by a registered valuer
* 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 restoration guarantee (refer to the DHA Lease Agreement)

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

In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.

Property History for 7 Ventura Way, Bellbird Park, QLD 4300

A timeline of how this property has performed in the market
Last Sold
$630,000
17 Aug 2023
  • 17 Aug 2023
    Sold for $630,000
  • 11 Jul 2023
    Listed for Sale For Sale
  • 01 Aug 2017
    Listed for Sale Rent to Buy
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About Bellbird Park 4300

The size of Bellbird Park is approximately 6.5 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Bellbird Park in 2011 was 5,029 people. By 2016 the population was 6,728 showing a population growth of 33.8% in the area during that time. The predominant age group in Bellbird Park is 0-9 years. Households in Bellbird Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellbird Park work in a trades occupation. In 2011, 64.6% of the homes in Bellbird Park were owner-occupied compared with 57.4% in 2016.

Bellbird Park has 4,221 properties. Over the last 5 years, Houses in Bellbird Park have seen a 95.32% increase in median value, while Units have seen a 103.34% increase. As at 30 September 2024:

  • The median value for Houses in Bellbird Park is $753,222 while the median value for Units is $440,330.
  • Houses have a median rent of $565 while Units have a median rent of $380.
There are currently 23 properties listed for sale, and 10 properties listed for rent in Bellbird park on OnTheHouse. According to CoreLogic's data, 280 properties were sold in the past 12 months in Bellbird park.

Suburb Insights for Bellbird Park 4300

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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.