Property Details for Lot 3 Mount French Rd, Dugandan
Last Listing description (August 2023)
Located in the stunning town of Dugandan and within 2km of Boonah's teeming town center, this property offers an exceptional investment opportunity. Dugandan is nestled among world-heritage listed areas, seeming in natural beauty. Residents of the region have access to exceptional environment views that provide a relaxing lifestyle. Residents looking for a property that escapes the bustling cities and constant noise will find this estate extremely welcoming and convenient. The town is 50km South of Ipswich and 40km West of Beaudesert.
The heritage and country charm of the Scenic Rim has produced considerable progression in the region's tourism, with numerous wineries, farm stays, and bed & breakfast businesses. Residents also have an array of activities available in the region including gliding clubs, rose farms, a golf club and bush walking. There are also multiple schools within close proximity of the estate.
Build Details:
Build Price: $406,447
Total build features: 4 beds, 2 baths, 2 cars
Rental estimate: see letter: $500 to $540 per week income
Estimated Rental Yield on Investment: 4.02% - 4.34%
Inclusions: Full list attached
Land Details:
Land Size: 791m2
Land Price: $240,000
Land Registration: October 2022
Fixed Price - Turn-key contract:
Two contract purchase - Land contract plus HIA Building contract.
Expression of Interest (EOI) to hold - $1000 fully refundable deposit.
Land settlement 35 days from date of contract or 14 days from the registration of title (July 2022)
5% deposit paid on unconditional for Building Contract - progressive drawdowns on the HIA build contract.
Property History for Lot 3 Mount French Rd, Dugandan, QLD 4310
- 12 Apr 2022Listed for Sale $646,447
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About Dugandan 4310
The size of Dugandan is approximately 14.5 square kilometres. It has 4 parks covering nearly 2.5% of total area. The population of Dugandan in 2011 was 395 people. By 2016 the population was 613 showing a population growth of 55.2% in the area during that time. The predominant age group in Dugandan is 60-69 years. Households in Dugandan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dugandan work in a labourer occupation. In 2011, 67.1% of the homes in Dugandan were owner-occupied compared with 78.7% in 2016.
Dugandan has 391 properties. Over the last 5 years, Houses in Dugandan have seen a 108.04% increase in median value, while Units have seen a -26.17% decrease. As at 31 October 2024:
- The median value for Houses in Dugandan is $792,572 while the median value for Units is $519,417.
- Houses have a median rent of $380.
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