42 Dampier CrescentBurdell QLD 4818
Property Details for 42 Dampier Cres, Burdell
42 Dampier Cres, Burdell is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 576m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2023)
INVESTORS: If you are searching for a stress free investment, this property located in Burdell, Townsville will suit you perfectly! There is a secure DHA (Defence Housing Australia) lease in place with your rent guaranteed until the end of the lease in January 2025 with a 3 year option up to January 2028.
Currently renting at $500pw resulting in a healthy yield of approx 5.54%. This modern and spacious home is perfect for investors. 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 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 in the region.
LEASE DETAILS :
* Lease edition Lease Edition 6B
* Lease start date 04/01/2013
* Lease end date 03/01/2025
* 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
CURRENT RENT for 2023 : $500PW and adjusted each December according to an independent professional valuation.
PROPERTY FEATURES:
* Modern lowset brick home
* 4 Bedroom inc Main with Ensuite, WIR and Air Con
* Separate living areas inc Family, Dining and Living
* Double sliding doors open from dining to undercover outdoor living
* Air conditioning in Master suite and loving areas
* Security screens
* Double Lock up garage with internal access
* Outdoor entertaining area
* 576 sqm block
* Built approx 2012.
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rental valuations
* Most maintenance paid for by DHA
* The lessor is entitled to a full repaint inside and out as part of the lease end make good
* 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.
** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however cant be occupied by the owner/s until the lease ends **
***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.
Information provided above has been obtained from various sources 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, and 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 42 Dampier Cres, Burdell, QLD 4818
- 28 Aug 2023Sold for $475,000
- 02 Jun 2023Listed for Sale Offers Above $469,000
- 16 Nov 2012Sold for $435,000
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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.
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