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Sold on 27 Aug 2024 for $720,000

8 Baystone Place
Raceview QLD 4305

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 681m2
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Property Details for 8 Baystone Pl, Raceview

8 Baystone Pl, Raceview is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 681m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Raceview in the last 12 months.

Building Type
House
Year Built
2010
Land Size
681m2
Local Government
Ipswich
Lot/Plan
305/SP221968

Last Listing description (August 2024)

If you're looking for a first class investment, you can't go past this Defense Housing Australia (DHA) home in Raceview.. This home has it all, located in one of Ipswich's best suburbs and just 40 minutes from Brisbane's CBD. This is the true definition of Set & Forget.

Photos are supplied under agreement by DHA and are for the purpose of illustration.

DHA lease summary:

:: DHA guaranteed rent: $568 per week
:: With a 3 year option

Owning a property which is leased to DHA offers the investor:
:: Guaranteed rent with zero vacancy
:: Most maintenance issues paid and taken care of by DHA
:: Annual rent reviews conducted by independent valuers every 12 months

With rent paid on time, every time, this is a fuss free, stress free investment. You can sit back and relax.

Accommodation & Features:
:: 4 Great Sized Bedrooms with Built in Robes
:: Master Bedroom with Walk-in Robe and En-Suite
:: Large Lounge Area
:: Open Plan Kitchen and Dining Area
:: Separate Living Area
:: Well-Appointed Main Bathroom with Separate Toilet
:: Separate Laundry
:: Double Car Lock-Up Garage
:: Covered Entertainment Area
:: Sizeable 681m2 Fenced Allotment

Investing with DHA - This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property.

Viewing of this property is exclusively available through inspection by appointment. Please note, there will be no open homes held. Inspections are available anytime, including evenings and weekends. To arrange yours, please contact us.

From all of us at Johnson Real Estate, we wish you every success in your search for your home. If you would like more detail on this home or to discuss one of the many other properties we have available please call or email us today.

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Property History for 8 Baystone Pl, Raceview, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$720,000
27 Aug 2024
  • 02 Aug 2024
    Sold for $720,000
  • 18 Jun 2024
    Listed for Sale $729,000
  • 17 Jun 2021
    Sold for $420,000
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About Raceview 4305

The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2011 was 8,686 people. By 2016 the population was 9,716 showing a population growth of 11.9% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raceview work in a trades occupation. In 2011, 51.4% of the homes in Raceview were owner-occupied compared with 53% in 2016.

Raceview has 4,455 properties. Over the last 5 years, Houses in Raceview have seen a 99.05% increase in median value, while Units have seen a 102.38% increase. As at 31 October 2024:

  • The median value for Houses in Raceview is $669,499 while the median value for Units is $421,961.
  • Houses have a median rent of $530 while Units have a median rent of $425.
There are currently 32 properties listed for sale, and 14 properties listed for rent in Raceview on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Raceview.

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