8 Sunning StreetShaw QLD 4818
Property Details for 8 Sunning St, Shaw
8 Sunning St, Shaw is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 416m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
Last Listing description (August 2023)
A solid investment property with the government incentive scheme NRAS (National Rental Affordability Scheme). The scheme offers tax-free financial incentives to investors along with long-term tenants in place.
For more information on this scheme visit:
https://www.dss.gov.au/our-responsibilities/housing-support/programmes-services/national-rental-affordability-scheme
Benefits of investing with NRAS
An annual tax-free incentive that is indexed over ten years (or remainder of scheme)
Increased income
A positive cash flow investment
Reducing tax burden through potential negative gearing benefits
Tax deductions on interest payments
Investors may exit the scheme at any time without incurring exit penalties
The property can be sold with remaining NRAS incentive to another investor
The property can be sold without the NRAS
The property
Modern rendered masonry four bedroom home. Master with ensuite. All rooms with built in robes.
Fully air-conditioned. Open plan living with a modern colour scheme.
This home was built in 2013 and has current tenants with the NRAS scheme in place.
MARKET RENT $ 365
REBATE $ 92
NRAS RENT $ 273
Property History for 8 Sunning St, Shaw, QLD 4818
- 17 Aug 2023Listed for Sale Not Disclosed
- 10 Aug 2019Sold for $297,000
- 21 Dec 2016Listed for Sale $339,000
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0About Shaw 4818
The size of Shaw is approximately 7.7 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Shaw in 2011 was 2,225 people. By 2016 the population was 543 showing a population decline of 75.6% in the area during that time. The predominant age group in Shaw is 20-29 years. Households in Shaw are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shaw work in a community and personal service occupation. In 2011, 90.8% of the homes in Shaw were owner-occupied compared with 47.7% in 2016.
Shaw has 526 properties. Over the last 5 years, Houses in Shaw have seen a 51.40% increase in median value. As at 31 August 2024:
- The median value for Houses in Shaw is $559,292 while the median value for Units is $617,535.
- Houses have a median rent of $520.
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