OFF MARKET

16 Charlton Road
Killara VIC 3691

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 244m2
Land area: 745m2
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Property Details for 16 Charlton Rd, Killara

16 Charlton Rd, Killara is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2018. The property has a land size of 745m2 and floor size of 244m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
2018
Floor Size
244m2
Land Size
745m2
Local Government
Wodonga
Lot/Plan
143/PS706033

Last Listing description (February 2023)

INVESTORS : This beautifully designed home is near new making it a perfect and secure investment. Rented to DHA (Defence Housing Australia) until 2024 plus an additional 3 year option - which would take it through until 2027! At the end of the lease the home will enjoy a repaint and recarpet by DHA as part of a lease end make good. When completed the owners can move in, rent out, sell or discuss a new lease with DHA.
Located in the popular suburb of Killara, Wodonga, part of the Albury-Wodonga region - named one of Australias hottest regional property markets, and bound to offer investors good capital growth in the long term.
Investors can still enjoy tax depreciation benefits along with the freedom of guaranteed income, resulting in stress free investing regardless of whether the home is tenanted. DHA leased investment properties are ideal for investors from anywhere in the country. Great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started.

LEASE DETAILS :
* Lease edition Edition 6
* Lease start date 13/12/2018
* Lease end date 13/12/2024
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Note: The option and right to vary are at DHAs discretion.

CURRENT RENT for 2022: $550 PW and reassessed annually at market value by an independent valuer

PROPERTY FEATURES:
* Modern low-set brick home
* 5 Spacious bedrooms or 4 Bedroom plus a separate study at the front of the home, offering a perfect flexible space ideally located for a nursery
* Large Master suite with generous his & hers walk-in robes and spacious ensuite with separate toilet
* 3 living areas
* Modern gourmet kitchen with stainless steel appliances inc 900mm Cooktop and spacious walk-in pantry
* Kitchen/Dining area opening to the outdoor undercover entertaining area with views over Hume Hill
* Ducted heating and cooling throughout
* Security screens to doors and windows
* Spacious 745 sqm block
* Highly sought after Triple garage parking with drive through access to rear yard
* Separate single garage can be used as a workshop/project/storage space
* Overlooking creek with plenty of wildlife
* Close proximity to both Latchford & Bandiana Barracks
* Side access perfect for boat, car or caravan
* Driveway parking for 2 additional cars
* Built Approx 2017

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

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of a rental guarantee and a no fuss investment property; let DHA do all the hard work for you.

RATES :
Water - approx $TBC quarter (after usage rebate from DHA)
Council - Approx $TBC quarter

** 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 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 16 Charlton Rd, Killara, VIC 3691

A timeline of how this property has performed in the market
Last Sold
$657,000
20 Dec 2022
  • 20 Dec 2022
    Sold for $657,000
  • 10 Aug 2022
    Listed for Sale $650,000 - $680,000
  • 03 Feb 2016
    Sold for $150,000

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About Killara 3691

The size of Killara is approximately 1.7 square kilometres. It has 1 park covering nearly 7.2% of total area. The population of Killara in 2011 was 583 people. By 2016 the population was 624 showing a population growth of 7.0% in the area during that time. The predominant age group in Killara is 30-39 years. Households in Killara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Killara work in a trades occupation. In 2011, 62.1% of the homes in Killara were owner-occupied compared with 71.7% in 2016.

Killara has 706 properties. Over the last 5 years, Houses in Killara have seen a 49.84% increase in median value, while Units have seen a 54.03% increase. As at 31 October 2024:

  • The median value for Houses in Killara is $670,558 while the median value for Units is $372,323.
  • Houses have a median rent of $600.
There are currently 5 properties listed for sale, and 1 property listed for rent in Killara on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Killara.

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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.