OFF MARKET

11 Hartley Crescent
North Lakes QLD 4509

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 139m2
Land area: 400m2
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Property Details for 11 Hartley Cres, North Lakes

11 Hartley Cres, North Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 400m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
2011
Floor Size
139m2
Land Size
400m2
Local Government
Moreton Bay
Lot/Plan
50/SP236569

Last Listing description (May 2021)

INVESTORS : This beautiful home is a blue-chip investment with a lease to DHA (Defence Housing Australia) until 2023 + 1 x 3 year option which would take it through until 2026. Located in rapidly growing North Lakes & surrounded by modern built family homes. Situated close to everything you could need including popular schools, shops, and public transport. Featuring a modern layout with tiled living area and generously sized, carpeted bedrooms.

ABOUT NORTH LAKES REGION
Brisbanes Northern Growth Corridor is home to a large and rapidly-growing resident population of about 390,000 in Brisbanes neighbouring Moreton Bay Region, which is expected to grow to about 622,000 by 2031. This population growth will impact significantly on demand, pushing property prices well above current median values.

The area is serviced well by the bustling The North Lakes Town centre with numerous cafs and restaurants and also includes and IKEA, Westfield Shopping Centre, Costo and Bunnings. There are numerous excellent surrounding schools, parks, and top quality medical precincts. Brisbane city is approx 32 km and Caloundra is 60km North.

A 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, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option to get started.

LEASE DETAILS :
* Lease edition Edition 6C
* Lease start date 27/10/2017
* Lease end date 26/10/2023
* 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
* Note: The option and right to vary is at DHAs discretion.

CURRENT RENT : $420 pw and independently assessed annually.

FEATURES :
* 3 bedrooms, inc master with BIR, AC & Ensuite.
* Study Nook
* Main bathroom with shower and separate bath.
* Open plan lounge, dining and kitchen with sliding glass doors to an outdoor alfresco area.
* Ceiling fans throughout with Aircon to master, main living and kitchen/dining.
* Security grills to windows and doors.
* Double lock up garage with remote control entry and internal access to the home.
* Built approx 2017
* 400sqm Block
* 32km to Brisbane CBD.

RATES:
Council Approx $507 quarterly
Water Approx $250 quarterly after DHA rebate the usage.

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

*** 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 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 11 Hartley Cres, North Lakes, QLD 4509

A timeline of how this property has performed in the market
Last Sold
$480,000
23 Apr 2021
  • 23 Apr 2021
    Sold for $480,000
  • 13 Apr 2021
    Listed for Sale Not Disclosed
  • 28 Sep 2017
    Sold for $450,000
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About North Lakes 4509

The size of North Lakes is approximately 11.6 square kilometres. It has 54 parks covering nearly 18.8% of total area. The population of North Lakes in 2011 was 15,045 people. By 2016 the population was 21,670 showing a population growth of 44.0% in the area during that time. The predominant age group in North Lakes is 0-9 years. Households in North Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lakes work in a professional occupation. In 2011, 61.9% of the homes in North Lakes were owner-occupied compared with 54.8% in 2016.

North Lakes has 9,131 properties. Over the last 5 years, Houses in North Lakes have seen a 82.10% increase in median value, while Units have seen a 77.46% increase. As at 30 September 2024:

  • The median value for Houses in North Lakes is $916,514 while the median value for Units is $615,821.
  • Houses have a median rent of $640 while Units have a median rent of $560.
There are currently 63 properties listed for sale, and 105 properties listed for rent in North lakes on OnTheHouse. According to CoreLogic's data, 504 properties were sold in the past 12 months in North lakes.

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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.