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Sold on 07 Dec 2023 for $1,021,000

10 Indigo Crescent
Mitchelton QLD 4053

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 450m2
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Property Details for 10 Indigo Cres, Mitchelton

10 Indigo Cres, Mitchelton is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 450m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Mitchelton in the last 12 months.

Building Type
House
Land Size
450m2
Local Government
Brisbane
Lot/Plan
40/SP132801

Last Listing description (December 2023)

CALLING ALL INVESTORS - This lovely two storey family home offers the most secure investment opportunity to the savviest INVESTOR, looking for a secure investment in the sought suburb of Mitchelton. Leased by DHA (Defence Housing Australia) until 2027!

The current rent paid $850pw and assessed annually. Located in a quiet leafy street, approximately 8km from Brisbane's CBD. Boasting four generous bedrooms, 2 separate living areas and perched on a comfortable 450sqm block in a lovely pocket, surrounded by other quality homes.

Situated near Mitchelton State High school, Mitchelton Primary and many other sought-after schools, and is walking distance to the bus and less than 5 mins drive to Mitchelton Train station, direct to the CBD.

A short walk will see you at the popular Blackwood Street Café & Restaurant Precinct in Mitchelton and Brookside Shopping Centre. Surrounded by parklands and close to all amenities.

With the Brisbane property market recording record growth and predictions that this trend is set to continue for some time, now is the time to lock down your investment in the state of Queensland.

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

LEASE DETAILS:
* Lease start date 16/06/2018
* Lease end date 15/06/2027

CURRENT RENT for 2022: $850pw - reviewed annually.

FEATURES:
* 4 bedrooms, all with built-ins
* Master bedroom with Ensuite and Walk-in Robe
* Modern kitchen boasting modern appliances
* Main bathroom with shower and separate bath
* Separate powder room downstairs
* Open plan lounge, dining and kitchen
* Air-conditioned and ceiling fans throughout
* Security grills to windows and doors
* Double lock up garage with remote control entry and internal access to the home
* Covered outdoor entertaining area
* 450m2 block
* Approx. 8km to Brisbane CBD

RATES:
Council - Approx $579.25 per quarter
Water - Approx $814 per annum

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted or not
* Annual independent rent reviews
* Most non-structural 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

Properties like these don't last long, so contact us to arrange a suitable time to inspect!

** 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 Alison Euler Properties. In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.

Information provided above has been obtained from various sources from which we believe to be accurate, however, Alison Euler Properties accept no liability for any errors or omissions, including but not limited to a Floorplan, build date, land size, floor plans and size, property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.

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

Property History for 10 Indigo Cres, Mitchelton, QLD 4053

A timeline of how this property has performed in the market
Last Sold
$1,021,000
07 Dec 2023
Listed for Rent
$560/w
24 Mar 2015
  • 07 Dec 2023
    Sold for $1,021,000
  • 15 Nov 2023
    Listed for Sale FOR SALE
  • 04 Mar 2015
    Listed for Rent - Price not available
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About Mitchelton 4053

The size of Mitchelton is approximately 4.2 square kilometres. It has 17 parks covering nearly 7.3% of total area. The population of Mitchelton in 2011 was 8,011 people. By 2016 the population was 8,546 showing a population growth of 6.7% in the area during that time. The predominant age group in Mitchelton is 30-39 years. Households in Mitchelton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitchelton work in a professional occupation. In 2011, 64.4% of the homes in Mitchelton were owner-occupied compared with 60.7% in 2016.

Mitchelton has 3,953 properties. Over the last 5 years, Houses in Mitchelton have seen a 82.14% increase in median value, while Units have seen a 69.87% increase. As at 31 October 2024:

  • The median value for Houses in Mitchelton is $1,204,621 while the median value for Units is $687,464.
  • Houses have a median rent of $643 while Units have a median rent of $520.
There are currently 26 properties listed for sale, and 11 properties listed for rent in Mitchelton on OnTheHouse. According to CoreLogic's data, 190 properties were sold in the past 12 months in Mitchelton.

Suburb Insights for Mitchelton 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.