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Sold on 02 Oct 2024 for $510,000

2/606 South Pine Road
Everton Park QLD 4053

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 145m2
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Property Details for 2/606 South Pine Rd, Everton Park

2/606 South Pine Rd, Everton Park is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 145m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Everton Park in the last 12 months.

Building Type
Unit
Land Size
145m2
Local Government
Brisbane
Lot/Plan
2/SP291361

Last Listing description (October 2024)

Situated in the highly sought-after community of Everton Park, this conveniently located apartment offers the perfect blend of modern style and functionality. This property is currently leased to Defence Housing Australia (DHA) and for sale on behalf of a DHA lessor.

This well maintained 2-bedroom apartment boasts an open-plan living area, modern kitchen, and covered outdoor entertainment area. The spacious bedrooms feature built-in robes, with the main bedroom including an ensuite. Other features include air conditioning, ceiling fans, and a single car space located in a secure under cover car park. This property is ideally situated near shops, schools, and public transport, making it the perfect investment opportunity.

* Built in 2018 and boasting 145sqm under roof

* Spacious open plan design with a modern approach to style with natural light
* Offering living and sitting spaces indoor and outdoor
* Two spacious bedrooms
* Two modern bathrooms
* Single car space in under covered parking
* Air conditioning and ceiling fans throughout
* Conveniently located near parks, schools, shopping centres and transportation
* Positioned in the Southern Corridor of Everton Park - a well-planned and fast growing community
* Great access to community amenities, recreational & healthcare facilities
* Located 12km From Brisbane CBD

DHA Lease Summary:
* Current rental per week: $436.48 per week (After management fees and adjusted each December according to an independent professional valuation)
* Lease start date: 20/08/2018
* Lease end date: 27/09/2027

WHY DHA
Investing in a DHA (Defence Housing Australia) investment home is an ideal option for those seeking a secure and hassle-free investment. DHA offers a long-term lease of up to 12 years, with guaranteed rental payments for the duration of the lease, ensuring a steady and reliable cash flow for investors. DHA properties are located in high-demand rental areas, particularly in proximity to ADF bases, guaranteeing a constant pool of potential tenants. Moreover, DHA takes care of all maintenance and repairs for the property during the lease term, reducing the management burden for investors. DHA properties are built to a high standard and maintained to a high standard, which can result in higher resale value compared to non-DHA properties. With DHA's attractive incentives, such as a lease-end restoration guarantee and the ability to transfer the lease to a new owner, investing in a DHA property is a smart investment strategy for those looking for a secure and stable long-term investment.

DHA Lease Benefits:
* Guaranteed rent is paid 52 weeks a year (DHA guarantee to pay the rent even if the property is vacant).
* Rent is paid a month in advance
* Rent is reviewed in December every year by a registered valuer
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* The property is cleaned at the end of each tenancy period.
* The lessor may also be entitled to a lease-end restoration guarantee (refer to the DHA Lease Agreement)

Visit www.dha.gov.au to learn more about the benefits of investing in a DHA property.

In accordance with DHA regulations we advise that this property will be available for private inspection only and to pre-qualified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.

Disclaimer: This property is being without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Important: All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Property History for 2/606 South Pine Rd, Everton Park, QLD 4053

A timeline of how this property has performed in the market
Last Sold
$510,000
02 Oct 2024
  • 18 Sep 2024
    Sold for $510,000
  • 10 Sep 2024
    Listed for Sale For Sale
  • 28 Sep 2018
    Sold for $390,000

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About Everton Park 4053

The size of Everton Park is approximately 4.4 square kilometres. It has 16 parks covering nearly 8.1% of total area. The population of Everton Park in 2011 was 8,325 people. By 2016 the population was 8,870 showing a population growth of 6.5% in the area during that time. The predominant age group in Everton Park is 20-29 years. Households in Everton Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Everton Park work in a professional occupation. In 2011, 66.9% of the homes in Everton Park were owner-occupied compared with 61% in 2016.

Everton Park has 5,290 properties. Over the last 5 years, Houses in Everton Park have seen a 83.49% increase in median value, while Units have seen a 76.54% increase. As at 31 October 2024:

  • The median value for Houses in Everton Park is $1,113,620 while the median value for Units is $676,368.
  • Houses have a median rent of $673 while Units have a median rent of $570.
There are currently 41 properties listed for sale, and 22 properties listed for rent in Everton park on OnTheHouse. According to CoreLogic's data, 261 properties were sold in the past 12 months in Everton park.

Suburb Insights for Everton Park 4053

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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.