SOLD
RECENT ADVICE
Sold on 09 Jul 2024 for $400,000

2/18 Intelligence Street
Oonoonba QLD 4811

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 94m2
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Property Details for 2/18 Intelligence St, Oonoonba

2/18 Intelligence St, Oonoonba is a 2 bedroom, 2 bathroom DuplexSemi-detached with 1 parking spaces. The property has a land size of 94m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom DuplexSemi-detached sold in Oonoonba in the last 12 months.

Building Type
DuplexSemi-detached
Land Size
94m2
Local Government
Townsville City
Lot/Plan
2/SP278243

Last Listing description (July 2024)

** OFFER ACCEPTED **

INVESTORS : With a very impressive 5.67% rental yield now is the time to invest before you miss the boat! Built in 2015 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 February 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 each December according to an independent professional valuation

DHA LEASE DETAILS :
* Lease Edition 6 C
* Lease started : 22/02/2016
* Lease end date: 21/02/2028
* Note: The option and right to vary is at DHA’s discretion.

COUNCIL & WATER RATES combined - Approx $1,860 paid Half yearly
BODY CORP fees - Approx $1200 Half yearly

This fully air-conditioned modern property features two bedrooms, both with built in robes and carpet flooring. Cooling is further enhanced with tiled flooring throughout the living areas. The kitchen features stainless steel appliances including a dishwasher and stone bench tops. The laundry is complete with a clothes dryer. There is a single carport with an automatic roller door plus a covered outdoor entertainment area.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the property is tenanted.
* Annual independent rent reviews
* Most maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good including new paint and carpet(refer to the DHA Lease Agreement).
* Zero re-letting fees
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 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 pre-qualified buyers.
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, build date, land size, floor plans and size, and 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 2/18 Intelligence St, Oonoonba, QLD 4811

A timeline of how this property has performed in the market
Last Sold
$400,000
09 Jul 2024
  • 09 Jul 2024
    Sold for $400,000
  • 08 May 2024
    Listed for Sale $385,000 Plus
  • 04 Jan 2016
    Sold for $325,000
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About Oonoonba 4811

The size of Oonoonba is approximately 2.5 square kilometres. It has 1 park covering nearly 1.5% of total area. The population of Oonoonba in 2011 was 1,154 people. By 2016 the population was 1,691 showing a population growth of 46.5% in the area during that time. The predominant age group in Oonoonba is 20-29 years. Households in Oonoonba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oonoonba work in a professional occupation. In 2011, 62.5% of the homes in Oonoonba were owner-occupied compared with 55.6% in 2016.

Oonoonba has 1,303 properties. Over the last 5 years, Houses in Oonoonba have seen a 71.58% increase in median value, while Units have seen a 54.97% increase. As at 31 August 2024:

  • The median value for Houses in Oonoonba is $525,118 while the median value for Units is $366,207.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 4 properties listed for sale, and 9 properties listed for rent in Oonoonba on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Oonoonba.

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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.