OFF MARKET

79/6 Babarra Street
Stafford QLD 4053

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 124m2
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Property Details for 79/6 Babarra St, Stafford

79/6 Babarra St, Stafford is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 124m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2012
Floor Size
75m2
Land Size
124m2
Local Government
Brisbane
Lot/Plan
79/SP245038

Last Listing description (November 2024)

ATTENTION INVESTORS!
This meticulously crafted home, constructed in 2012, presents an excellent opportunity for astute investors seeking a safe and profitable investment as well as exceptional value for future owner occupiers!
Investors can benefit from tax depreciation advantages while enjoying the assurance of GUARANTEED rental income, making it a hassle-free investment even during periods of tenancy vacancy.

Property features:
- Ground Level unit with a spacious & private court yard area
- Spacious master bedroom complete with ensuite and air-conditioning.
- An additional well-proportioned bedroom with built in and ceiling fans
- Good size family bathroom
- Tiled open plan living area with Air conditioning
- Secure Garage Parking
- Body Corp fees $1,450 per quarter approx.
- Sinking fund balance $794,046.07
- Admin fund balance $27,925.37

Defense Housing Details & Benefits!
- Rent - $550 per week DHA Lease end 14/02/2028 36 Month (3yr) variable extension period Rent review annually each December
- Rental appraisal $630 - $660/week
- Guaranteed rent paid on time every time regardless of whether the house is occupied.
- Annual independent rent reviews.
- Zero re-letting fees for the length of the lease.
- 13% Management fee (includes all maintenance for the property) DHA Property Care, an all-inclusive service fee, covers a range of property related services.
- DHA restoration services at the end of the lease include; Approx. valued of $10,000 internal & external repaint, re-carpet previously carpeted areas

Properties of this quality, offering a secure long-term lease, are in high demand but rarely become available in the market.

Act swiftly, as this highly desirable property is unlikely to remain on the market for long! Situated in Stafford, approximately 8.7 km North of Brisbane CBD only an 18-minute drive, the property offers easy access to a plethora of amenities including local shops, bus services, and schooling options. With its proximity to parks and green spaces, residents can relish in the surrounding natural beauty, complemented by exercise parks, bike paths, and excellent BBQ facilities. Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property History for 79/6 Babarra St, Stafford, QLD 4053

A timeline of how this property has performed in the market
Last Sold
$430,000
17 Aug 2023
  • 18 Sep 2024
    Listed for Sale For Sale
  • 17 Aug 2023
    Sold for $430,000
  • 15 May 2023
    Listed for Sale Offers Over $425,000
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About Stafford 4053

The size of Stafford is approximately 3.4 square kilometres. It has 12 parks covering nearly 20.7% of total area. The population of Stafford in 2011 was 6,041 people. By 2016 the population was 6,544 showing a population growth of 8.3% in the area during that time. The predominant age group in Stafford is 20-29 years. Households in Stafford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stafford work in a professional occupation. In 2011, 53.2% of the homes in Stafford were owner-occupied compared with 47.8% in 2016.

Stafford has 3,616 properties. Over the last 5 years, Houses in Stafford have seen a 81.50% increase in median value, while Units have seen a 71.94% increase. As at 31 October 2024:

  • The median value for Houses in Stafford is $1,132,565 while the median value for Units is $642,606.
  • Houses have a median rent of $650 while Units have a median rent of $565.
There are currently 14 properties listed for sale, and 14 properties listed for rent in Stafford on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Stafford.

Suburb Insights for Stafford 4053

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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.