SOLD
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Sold on 21 Mar 2024 for $501,651

36 Stoneville Circuit
Mount Louisa QLD 4814

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 660m2
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Property Details for 36 Stoneville Cct, Mount Louisa

36 Stoneville Cct, Mount Louisa is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 660m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Mount Louisa in the last 12 months.

Building Type
House
Land Size
660m2
Local Government
Townsville City
Lot/Plan
16/SP205349

Last Listing description (March 2024)

INVESTORS NOTE! This property represents a perfect opportunity for a savvy investor. With a current DHA (Defence Housing Australia) lease in place and rent guaranteed until the end of the lease, locked in until January 2026.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home is repainted at DHA's expense before being handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to onsell to another investor at any time during the lease.

With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down now is the time to lock down your investment in this region.

CURRENT GROSS RENT FOR 2024: $470pw and adjusted each December according to an independent professional valuation

LEASE DETAILS :
* Lease edition 6B
* Lease start date 17/01/2011
* Lease end date 16/01/2026
* Lease option USED
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension

PROPERTY FEATURES:
* Modern spacious low-set home
* 3 Bedrooms inc Main with Ensuite, BIR and Air Con
* 3 living areas inc Family, Separate Dining and Separate Lounge
* Double Lock up garage with secure internal & rear yard access
* Outdoor entertaining area
* Security Screens throughout
* Modern kitchen with stainless appliances and ample storage
* Dining area opens out to an outdoor patio through double glass sliders
* 660 sqm block
* Built approx 2011

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

RATES:
Combined Council & Water Rates: Approx $1,995 Biannually

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 in DHA leased homes - 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 specialist. 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, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorpan, 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.

Property History for 36 Stoneville Cct, Mount Louisa, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$501,651
21 Mar 2024
  • 21 Mar 2024
    Sold for $501,651
  • 18 Mar 2024
    Listed for Sale $489,000 Plus
  • 21 Jun 2022
    Sold for $447,000
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About Mount Louisa 4814

The size of Mount Louisa is approximately 10.2 square kilometres. It has 10 parks covering nearly 4.3% of total area. The population of Mount Louisa in 2011 was 7,992 people. By 2016 the population was 8,830 showing a population growth of 10.5% in the area during that time. The predominant age group in Mount Louisa is 0-9 years. Households in Mount Louisa are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Louisa work in a professional occupation. In 2011, 66.4% of the homes in Mount Louisa were owner-occupied compared with 62% in 2016.

Mount Louisa has 3,963 properties. Over the last 5 years, Houses in Mount Louisa have seen a 71.29% increase in median value, while Units have seen a 82.26% increase. As at 31 October 2024:

  • The median value for Houses in Mount Louisa is $598,276 while the median value for Units is $548,231.
  • Houses have a median rent of $530 while Units have a median rent of $270.
There are currently 31 properties listed for sale, and 23 properties listed for rent in Mount louisa on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Mount louisa.

Suburb Insights for Mount Louisa 4814

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Sharon Richter
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Sage Merlin
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Hudson Property
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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.