SOLD
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Sold on 18 Dec 2023 for $740,000

31 Giancarlo Crescent
Doolandella QLD 4077

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 400m2
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Property Details for 31 Giancarlo Cres, Doolandella

31 Giancarlo Cres, Doolandella is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 400m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Doolandella in the last 12 months.

Building Type
House
Land Size
400m2
Local Government
Brisbane
Lot/Plan
38/SP231582

Last Listing description (December 2023)

INVESTORS : If you are searching for a no fuss investment, this property located in DOOLANDELLA, approx 17km from the Brisbane CBD, will suit you perfectly! This property represents an excellent opportunity for savvy investors to purchase this no-fuss, stress-free investment on a long term DHA (Defence Housing Australia) lease until June 2025 with a 3 year option which could take it through until 2028.

At lease end the home is repainted inside and out as part of the lease end 'make good' and at DHA's expense before being handed back for you to move in, rent out privately or sell OR you can also choose to discuss DHA's requirements for the home on a longer term basis with the potential to lock in a new lease. You're also free to onsell to another investor at any time during the lease.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed to offer buyers a stress free experience. Ideal for those investors located anywhere in the country, purchasing as an individual or through self managed super funds, and perfect for those starting their property portfolio and looking for a safe and secure option.

CURRENT RENT for 2024: $585pw and adjusted each January to realign with current market rent through an independent professional valuation

LEASE FEATURES :
* Lease edition Edition 6B
* Lease start date 25/06/2013
* Lease end date 24/06/2025
* Lease option 1 x 36 month option
* Right to vary 1 x up to 12 months Reduction or Extension
Note: The option and right to vary is at DHA’s discretion.

FEATURES :
* 4 bedrooms with 2 living areas
* Flexible Multi purpose room as a separate Lounge or family room
* Master with Walk in robe, Air con & Ensuite.
* Main bathroom with shower and separate bath
* Open plan lounge, dining and kitchen with sliding glass doors to an outdoor undercover area
* Ceiling fans throughout with Aircon to master, main living and kitchen/dining
* Security grills to windows and doors
* Double lock up garage with remote control entry and internal access to the home
* Year Built - 2012

RATES: Council Rates - approx $1,920 per year
Water Rates - TBC

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* 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 can’t 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 and must be coordinated by the agent with the tenants.
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 floorplan, lease dates, 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 sol

Property History for 31 Giancarlo Cres, Doolandella, QLD 4077

A timeline of how this property has performed in the market
Last Sold
$740,000
18 Dec 2023
Listed for Rent
$540/w
17 Oct 2022
  • 18 Dec 2023
    Sold for $740,000
  • 25 Nov 2023
    Listed for Sale $699,000 Plus
  • 25 Oct 2017
    Sold for $478,000
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About Doolandella 4077

The size of Doolandella is approximately 3.5 square kilometres. It has 5 parks covering nearly 9.9% of total area. The population of Doolandella in 2011 was 3,104 people. By 2016 the population was 4,821 showing a population growth of 55.3% in the area during that time. The predominant age group in Doolandella is 30-39 years. Households in Doolandella are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Doolandella work in a professional occupation. In 2011, 67.2% of the homes in Doolandella were owner-occupied compared with 59.7% in 2016.

Doolandella has 2,958 properties. Over the last 5 years, Houses in Doolandella have seen a 87.99% increase in median value, while Units have seen a 83.23% increase. As at 31 October 2024:

  • The median value for Houses in Doolandella is $886,552 while the median value for Units is $565,297.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 30 properties listed for sale, and 7 properties listed for rent in Doolandella on OnTheHouse. According to CoreLogic's data, 182 properties were sold in the past 12 months in Doolandella.

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Sharon Richter
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Viv Robinson
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Hudson Property
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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.