61 Augustus BoulevardUrraween QLD 4655
Property Details for 61 Augustus Bvd, Urraween
61 Augustus Bvd, Urraween is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 375m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (November 2021)
Reap the rewards of what is arguably the best investment property current on the Hervey Bay market. Alternatively this home is equally suitable for someone looking to downsize without compromise. Centrally located in the Augustus Estate Urraween - you are only moment from local schools, and the Eli Waters shopping complex.
Tenanted at $284/week (from 30th October) under a ten year NRAS agreement (expires 29/10/2024) which means you can lock it away and enjoy the guaranteed benefits this scheme provides - this agreement can be terminated for those looking to occupy the property themselves or who prefer to rent it out at current market value through their choice of agent.
The very basic explanation is that in exchange for charging 74.99% of the market rent to the tenant the State & Federal Government will pay an annual incentive payment.
The incentive amount ($11,124.07) for the current NRAS year is below, the State Government payment is cash to a bank account and the Federal Government payment is a fully refundable tax offset that your accountant claims on your tax return. It will either reduce your tax liability or if it is greater than the tax you owe it will be paid to you as a refund.
Property features:
* Well presented 7 year old home
* Light & airy open plan tiled living
* Two bedrooms each with built in robes
* Central main bathroom with bath and shower
* Double garage with remote access
* Laundry
* Undercover outdoor area
* 375m2 fully fenced low maintenance block
* Freehold stand alone home (no body corp fee's)
* NBN FTTP
NRAS investment property acquisition is rare - contact today to secure this property.
Property History for 61 Augustus Bvd, Urraween, QLD 4655
- 24 Aug 2021Sold for $362,000
- 16 Aug 2021Listed for Sale Under Offer
- 20 Jan 2017Listed for Rent - Price not available
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0About Urraween 4655
The size of Urraween is approximately 7.5 square kilometres. It has 16 parks covering nearly 9.1% of total area. The population of Urraween in 2011 was 5,914 people. By 2016 the population was 6,980 showing a population growth of 18.0% in the area during that time. The predominant age group in Urraween is 70-79 years. Households in Urraween are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Urraween work in a professional occupation. In 2011, 68.4% of the homes in Urraween were owner-occupied compared with 70.7% in 2016.
Urraween has 4,118 properties. Over the last 5 years, Houses in Urraween have seen a 82.78% increase in median value, while Units have seen a 96.10% increase. As at 31 October 2024:
- The median value for Houses in Urraween is $688,876 while the median value for Units is $526,580.
- Houses have a median rent of $600 while Units have a median rent of $450.
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