OFF MARKET

1/18 Samuel Court
Darling Heights QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 103m2
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Property Details for 1/18 Samuel Ct, Darling Heights

1/18 Samuel Ct, Darling Heights is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 103m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2014
Floor Size
92m2
Land Size
103m2
Local Government
Toowoomba Regional
Lot/Plan
1/SP274488

Last Listing description (May 2023)

Whether you are downsizing, a first home buyer or an astute investor, this property ticks all the boxes.

Conveniently located in a quiet cul-de-sac just moments from the University of Southern Queensland in the growing suburb of Darling Heights this unit is sure to impress.

There is the opportunity to purchase the whole complex or buy the units individually as these are strata titled!!

2 built in bedrooms with ceiling fans
Open plan living area
Tiled floors to living areas, kitchen and bathroom
Air conditioning
Well appointed kitchen with stainless steel appliances
Electric cooktop and oven
Additional ceiling fan in the lounge room
Modern bathroom with separate bath and shower
Private courtyard

All of this while being located only 800m to the University of Southern Queensland.

UNBEATABLE RETURNS WITH NRAS INCENTIVES
The National Rental Affordability Scheme (NRAS) is an Australian Government initiative to supply affordable rental dwellings. NRAS investors are eligible for substantial tax-free incentives that are not available to conventional, individual residential property investors, with each approved dwelling attracting an annual incentive for 10 years. The two key elements of the Incentive are:
A Commonwealth Government Incentive currently of $8,343.05 per dwelling per year as a refundable tax offset or payment; and
A State or Territory Government Incentive currently of $2,781.02 per dwelling per year in direct or in-kind financial support.

The future path you take with this property is flexible! You can either:
1. Continue with NRAS and reap the benefits for the remaining NRAS term with the reassurance of a solid rental income;
2. Remove it from the scheme and rent it through the standard rental market once the current lease expires - Each unit current rental appraisal $320 - $340 per week.

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Property History for 1/18 Samuel Ct, Darling Heights, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$310,000
20 Feb 2023
Listed for Rent
$250/w
15 Apr 2016
  • 09 May 2023
    Listed for Sale UNDER CONTRACT
  • 20 Feb 2023
    Sold for $310,000
  • 22 Feb 2016
    Listed for Rent $250 / week

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About Darling Heights 4350

The size of Darling Heights is approximately 6.1 square kilometres. It has 11 parks covering nearly 3.6% of total area. The population of Darling Heights in 2011 was 4,922 people. By 2016 the population was 5,211 showing a population growth of 5.9% in the area during that time. The predominant age group in Darling Heights is 20-29 years. Households in Darling Heights are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Darling Heights work in a professional occupation. In 2011, 56.8% of the homes in Darling Heights were owner-occupied compared with 52.8% in 2016.

Darling Heights has 2,014 properties.

    There are currently 12 properties listed for sale, and 4 properties listed for rent in Darling heights on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Darling heights.

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