OFF MARKET

23 Capricorn Drive
Burdell QLD 4818

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 660m2
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Property Details for 23 Capricorn Dr, Burdell

23 Capricorn Dr, Burdell is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 660m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
2010
Floor Size
150m2
Land Size
660m2
Local Government
Townsville City
Lot/Plan
232/SP216354

Last Listing description (March 2021)

This home is perfect for investors looking for good long term growth and security with the lease right through until August 2022 with an option of up to 3yrs. The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress free investing, regardless of wether the home is tenanted.

Burdell is a northern suburb of the City of Townsville with approx 9000 people. It is only a short drive to local shops, schools and restaurants. The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress-free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started.

With record low interest rates and Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is on the way back from its previous downturn, now is the perfect time to consider investing into the region.

LEASE DETAILS :
* Lease edition 6B
* Lease start date 18/08/2010
* Lease end date 17/08/2022
* 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 Gross rent for $425pw and reviewed annually each December. Guaranteed not to drop belo $425pw for the life of the lease.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is occupied.
* Annual independent rent reviews.
* Zero re-letting fees for the length of the lease.
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* At the end of each tenancy period, the property is professionally cleaned.
* 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).

PROPERTY FEATURES:
* 660 sqm Block
* 4 good size Bedrooms, inc Master with AC, WIR and ensuite.
* Outdoor entertaining area.
* Air conditioning in Master, main living and kitchen dining.

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.
* Investing with DHA - This DHA leased property is available for immediate 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 - the Defence Properties specialists.
* In accordance with DHA regulations, we advise that this property address is not able to advertised publicly and the property will only be available for private inspections.
* Photos are supplied under agreement by DHA, and are for illustration purposes only.
***The rent displayed is the 2020 rental figure, please note, DHA has recently performed a rent revaluation on this property. Please enquire with the agent to confirm the 2021 rental figure***

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Property History for 23 Capricorn Dr, Burdell, QLD 4818

A timeline of how this property has performed in the market
Last Sold
$375,000
25 Jan 2021
  • 25 Jan 2021
    Sold for $375,000
  • 13 Nov 2020
    Listed for Sale Offers above $369,000
  • 22 Dec 2018
    Listed for Sale $340,000 - $370,000
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About Burdell 4818

The size of Burdell is approximately 15.4 square kilometres. It has 6 parks covering nearly 2.6% of total area. The population of Burdell in 2011 was 5,658 people. By 2016 the population was 5,826 showing a population growth of 3.0% in the area during that time. The predominant age group in Burdell is 20-29 years. Households in Burdell are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burdell work in a trades occupation. In 2011, 65.6% of the homes in Burdell were owner-occupied compared with 48.1% in 2016.

Burdell has 3,475 properties. Over the last 5 years, Houses in Burdell have seen a 76.28% increase in median value, while Units have seen a 99.89% increase. As at 31 October 2024:

  • The median value for Houses in Burdell is $609,591 while the median value for Units is $585,590.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 27 properties listed for sale, and 21 properties listed for rent in Burdell on OnTheHouse. According to CoreLogic's data, 303 properties were sold in the past 12 months in Burdell.

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