OFF MARKET

5 Rhiannon Drive
Flinders View QLD 4305

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 150m2
Land area: 562m2
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Property Details for 5 Rhiannon Dr, Flinders View

5 Rhiannon Dr, Flinders View is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2007. The property has a land size of 562m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
2007
Floor Size
150m2
Land Size
562m2
Local Government
Ipswich
Lot/Plan
31/SP158665

Last Listing description (July 2021)

INVESTORS ! : This 4 bedroom home is located in Flinders view & close to all amenities. The home was built in 2008 and is located approx. 30 mins from Brisbane CBD, 5 mins from Ipswich CBD, and only a short drive to shopping centres, transport, and private and public schools.
This is a modern 4 bedroom home, owned independently and leased to DHA (Defence Housing Australia). You will receive guaranteed rent from the perfect tenant (DHA), that will provide an ongoing income stream into the long term. Strong cash flow is a key ingredient to making a sound investment such as this.
While independently purchased properties are vulnerable to fluctuating demand for rental properties, there is no risk of vacancy costs with your DHA property. Even if the property is without a tenant for some time, DHA will still pay the rent while it's vacant. At the end of the lease, you can make the choice to sell, rent out or live in yourself after DHA conduct their end of lease make good.

PROPERTY FEATURES:
* Modern lowset brick home
* 4 Bedroom inc Main with Ensuite, BIR and Air Con
* 2 Separate living areas plus outdoor entertaining area
* Double Lock-up Garage with internal access
* Ceiling fans throughout
* Air-conditioned living, Dining and main bedroom
* Security screens throughout
* Kitchen with modern appliances and ample storage

LEASE DETAILS :
* Lease edition 6
* Lease start date 21/02/2021
* Lease end date 20/02/2024
* 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
* Note: The option and right to vary is at DHAs discretion.

RENT : Current Gross for 2021 is $380pw and reviewed annually each December.

DHA LEASE BENEFITS:
* DHA guarantee to pay the rent even if the property is vacant.
* Annual independent rent reviews
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* At the end of each tenancy period, the property is professionally cleaned.
* 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.

* 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 - the Defence Properties specialists.

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

Property History for 5 Rhiannon Dr, Flinders View, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$395,000
15 Jun 2021
  • 15 Jun 2021
    Sold for $395,000
  • 22 Feb 2021
    Listed for Sale $379,000 Plus
  • 13 Sep 2017
    Sold for $350,000
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About Flinders View 4305

The size of Flinders View is approximately 5.4 square kilometres. It has 17 parks covering nearly 7.9% of total area. The population of Flinders View in 2011 was 5,862 people. By 2016 the population was 5,821 showing a population decline of 0.7% in the area during that time. The predominant age group in Flinders View is 0-9 years. Households in Flinders View are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Flinders View work in a trades occupation. In 2011, 68.2% of the homes in Flinders View were owner-occupied compared with 69.5% in 2016.

Flinders View has 2,525 properties. Over the last 5 years, Houses in Flinders View have seen a 97.50% increase in median value, while Units have seen a 18.28% increase. As at 31 October 2024:

  • The median value for Houses in Flinders View is $745,758 while the median value for Units is $219,100.
  • Houses have a median rent of $510 while Units have a median rent of $390.
There are currently 22 properties listed for sale, and 7 properties listed for rent in Flinders view on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Flinders view.

Suburb Insights for Flinders View 4305

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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.