25 The Bittern BoulevardBittern VIC 3918
Property Details for 25 The Bittern Bvd, Bittern
25 The Bittern Bvd, Bittern is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 699m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (June 2021)
INVESTORS : This terrific property offers the astute investor a great opportunity for good capital growth. Currently leased to Defence Housing (DHA) on a long term lease which expires in 2024 with a 3 yr option which would take it through until 2027. Currently renting at $462.28pw. Conveniently located in a sought after area of Bittern amongst beautiful surrounds and close to beaches, Bittern Fields Shopping Complex, the Sunday market and public transport.
A DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option to get started.
PROPERTY FEATURES:
* 2 Large Separate living areas plus outdoor living
* Outdoor entertaining area
* Double lock up garage with internal access
* Security Screens throughout
* 699sqm block
LEASE DETAILS :
* Lease edition 2nd Portfolio Bulk Lease Dec 06
* Lease start date 21/12/2006
* Lease end date 20/12/2024
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months reduction
* Note: The option and right to vary is at DHAs discretion.
RENT : $462.28 PW
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees
RATES :
Council approx $TBC
Water approx $TBC
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 to pre-qualified buyers.
Information provided above has been obtained from various sources from 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, 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 25 The Bittern Bvd, Bittern, VIC 3918
- 15 Apr 2021Sold for $699,000
- 31 Mar 2021Listed for Sale $695,000 - $725,000
- 14 Apr 2010Sold for $352,000
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About Bittern 3918
The size of Bittern is approximately 17.1 square kilometres. It has 17 parks covering nearly 13.3% of total area. The population of Bittern in 2011 was 3,378 people. By 2016 the population was 3,699 showing a population growth of 9.5% in the area during that time. The predominant age group in Bittern is 50-59 years. Households in Bittern are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bittern work in a trades occupation. In 2011, 85.8% of the homes in Bittern were owner-occupied compared with 83.6% in 2016.
Bittern has 1,799 properties. Over the last 5 years, Houses in Bittern have seen a 33.74% increase in median value, while Units have seen a 30.47% increase. As at 31 December 2024:
- The median value for Houses in Bittern is $899,209 while the median value for Units is $654,667.
- Houses have a median rent of $595 while Units have a median rent of $535.
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