SOLD
RECENT ADVICE
Sold on 22 Dec 2023 for $332,000

2/26 Dorney Street
Oonoonba QLD 4811

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 112m2
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Property Details for 2/26 Dorney St, Oonoonba

2/26 Dorney St, Oonoonba is a 2 bedroom, 2 bathroom DuplexSemi-detached with 1 parking spaces. The property has a floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom DuplexSemi-detached sold in Oonoonba in the last 12 months.

Building Type
DuplexSemi-detached
Floor Size
112m2
Local Government
Townsville City
Lot/Plan
1/SP289507

Last Listing description (December 2023)

INVESTORS : With a very impressive 6.14% rental yield, now is the time to invest before you miss the boat! Built in 2016 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 long lease until June 2027 + 1 x 3 Year option which would take it through until 2030!!

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 free to sell 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 and property experts reporting Townsville as a major hotspot for producing good capital growth options, now is the time to lock down your investment.

LEASE DETAILS :
* Lease edition 6c
* Lease start date 27/06/2018
* Lease end date 26/06/2027
* Lease option 1 x 36 month option
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options/extensions are in DHA's FAVOUR.

CURRENT GROSS RENT for 2024: $440pw and adjusted each January to realign with current market rent through an independent professional valuation

COUNCIL & WATER RATES TBC
BODY CORP fees - TBC

This fully air-conditioned modern property features two bedrooms, both with built in robes and tiled flooring. The modern kitchen features ample storage and stainless steel appliances 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 Floorpan, 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 2/26 Dorney St, Oonoonba, QLD 4811

A timeline of how this property has performed in the market
Last Sold
$332,000
22 Dec 2023
  • 22 Dec 2023
    Sold for $332,000
  • 01 Dec 2023
    Listed for Sale $339,000
  • 04 Jun 2018
    Sold for $290,000
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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 1,302 properties. Over the last 5 years, Houses in Oonoonba have seen a 66.30% increase in median value, while Units have seen a 44.63% increase. As at 30 September 2024:

  • The median value for Houses in Oonoonba is $534,393 while the median value for Units is $365,851.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 4 properties listed for sale, and 5 properties listed for rent in Oonoonba on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Oonoonba.

Suburb Insights for Oonoonba 4811

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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.