SOLD
Sold on 31 Jul 2024 for $310,000

342/41-51 Oonoonba Road
Idalia QLD 4811

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 76m2
Land area: 109m2
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Property Details for 342/41-51 Oonoonba Rd, Idalia

342/41-51 Oonoonba Rd, Idalia is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 109m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Idalia in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
76m2
Land Size
109m2
Local Government
Townsville City
Lot/Plan
342/SP212313

Last Listing description (October 2024)

INVESTORS: With a very impressive yield now is the time to invest before you miss the boat! This property presents the perfect option for those looking to start their property portfolio by offering investors the opportunity to enter the market with an assurance of guaranteed rent from DHA (Defence Housing Australia) and a lease until November 2025 with a 3 year option that would take it through until 2028.

The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress-free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started.

CURRENT RENT 2024: $420pw and adjusted annually based on the assessment from independent professional valuer based on comparable rentals.

DHA LEASE DETAILS :
Lease Start date: 22 November 2022
Lease end date: 21 November 2025
Lease option : 1 x 36 month option
* Note: The option and right to vary is at DHA?s discretion.

COUNCIL & WATER RATES: $1,600 per half year
BODY CORP fees: Approx $1800 per quarter

PROPERTY FEATURES :
* 2 Air-conditioned bedrooms inc master with access to ensuite and 2nd bedroom with access to a private bathroom
* Open-plan living
* Private area for entertainment
* Modern bathrooms
* Undercover car parking and storage facilities

This unit offers great resort style living with a large pool and spa, BBQ pavilions & fully air conditioned gym.

Situated opposite Oonoonba state school very close to Army base, University, Hospital and precinct shops.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most 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

** 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 due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.

Property History for 342/41-51 Oonoonba Rd, Idalia, QLD 4811

A timeline of how this property has performed in the market
Last Sold
$310,000
31 Jul 2024
  • 31 Jul 2024
    Sold for $310,000
  • 09 Jul 2024
    Listed for Sale $299,000 plus
  • 13 May 2015
    Sold for $280,000
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About Idalia 4811

The size of Idalia is approximately 3.5 square kilometres. It has 8 parks covering nearly 13.1% of total area. The population of Idalia in 2011 was 3,595 people. By 2016 the population was 4,451 showing a population growth of 23.8% in the area during that time. The predominant age group in Idalia is 20-29 years. Households in Idalia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Idalia work in a professional occupation. In 2011, 53.9% of the homes in Idalia were owner-occupied compared with 52.4% in 2016.

Idalia has 1,913 properties. Over the last 5 years, Houses in Idalia have seen a 75.71% increase in median value, while Units have seen a 93.47% increase. As at 31 October 2024:

  • The median value for Houses in Idalia is $676,586 while the median value for Units is $370,842.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 12 properties listed for rent in Idalia on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Idalia.

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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.