OFF MARKET

20 Jowarra Street
Kallangur QLD 4503

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 127m2
Land area: 320m2
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Property Details for 20 Jowarra St, Kallangur

20 Jowarra St, Kallangur is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2009. The property has a land size of 320m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
2009
Floor Size
127m2
Land Size
320m2
Local Government
Moreton Bay
Lot/Plan
44/SP212407

Last Listing description (March 2021)

The perfect opportunity exists to own this lovely home with a long lease to DHA until February 2023 plus 1 x 3 yr option which would take it through until 2026! This is entry level investing at it's best with a long term lease locked down with DHA (Defence Housing Australia) and with Brisbane's Northern Suburbs declared as one of Australia's growth hotspots, it's sure to offer investors excellent long term growth prospects.

The DHA (Defence Housing Australia) lease offers the new owners guaranteed rental 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.

With record low interest rates, vacancy rates continuing to come down and property experts preiciting prices in this area continuing to rise, now is the perfect time to consider investing in to the region.

PROPERTY FEATURES:
* Modern low-set brick home
* 3 Large Bedroom inc Main with Ensuite, WIR and Air Con
* Single Lock Garage plus driveway parking for 2nd vehicle
* Outdoor entertaining area
* Security SCreens on all doors and windows.
* Built approx 2009

LEASE DETAILS :
* Lease edition Edition 6B
* Lease start date 11/02/2011
* Lease end date 10/02/2023
* 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
* All options and right to vary are in DHA's favour.

CURRENT RENT for 2021 : $385 per week and assessed annually.

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

RATES : Water approx $280 per qtr (after usage).
Council TBC

About KALLANGUR : Kallangur is just 26km north of the Brisbane CBD and lies at the centre of some of Australias largest urban infrastructure projects and offers a combination of affordability, good infrastructure and excellent employment opportunities. Kallangur is located on the western side of the M1 Bruce Highway opposite Master Planned Community of North Lakes. Home to North Lakes Westfield, IKEA, Costco and many other large retail outlets. Westfield North Lakes is located 25 kilometres north of the Brisbane CBD in one of the regions fastest growing areas. The centre caters to a trade area population of nearly 408,000 people. IN addition Petrie university Currently in the final stages of construction is expected to cater to 10,000 students within the next 10 years.

* 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.

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Property History for 20 Jowarra St, Kallangur, QLD 4503

A timeline of how this property has performed in the market
Last Sold
$390,000
16 Feb 2021
  • 16 Feb 2021
    Sold for $390,000
  • 04 Jan 2021
    Listed for Sale $399,000 +
  • 05 Jan 2011
    Sold for $390,000
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About Kallangur 4503

The size of Kallangur is approximately 11.3 square kilometres. It has 64 parks covering nearly 11% of total area. The population of Kallangur in 2011 was 18,982 people. By 2016 the population was 20,409 showing a population growth of 7.5% in the area during that time. The predominant age group in Kallangur is 0-9 years. Households in Kallangur are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kallangur work in a trades occupation. In 2011, 62.7% of the homes in Kallangur were owner-occupied compared with 58.3% in 2016.

Kallangur has 9,624 properties. Over the last 5 years, Houses in Kallangur have seen a 84.86% increase in median value, while Units have seen a 87.00% increase. As at 30 September 2024:

  • The median value for Houses in Kallangur is $727,518 while the median value for Units is $555,617.
  • Houses have a median rent of $550 while Units have a median rent of $490.
There are currently 64 properties listed for sale, and 40 properties listed for rent in Kallangur on OnTheHouse. According to CoreLogic's data, 412 properties were sold in the past 12 months in Kallangur.

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