OFF MARKET

3 Stuart Place
Sale VIC 3850

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 166m2
Land area: 800m2
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Property Details for 3 Stuart Pl, Sale

3 Stuart Pl, Sale is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 800m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
2010
Floor Size
166m2
Land Size
800m2
Local Government
Wellington
Lot/Plan
30/PS605263

Last Listing description (May 2023)

INVESTORS : If you are searching for a no fuss investment, this property located in a quiet street in regional Sale, Victoria, will suit perfectly. There is a secure DHA (Defence Housing Australia) lease in place with your rent guaranteed until the end of the lease in 2025. At the end of the lease the owners can move in, rent out or sell with the benefit of a thorough make good including a full repaint and recarpet conducted at DHA's expense.

Sale is located 220km South East of Melbourne, in Victoria's Gippsland region, and supports a capacity of approximately 700 RAAF personnel. The base plays a major role in training the next generation of Air Force personnel & with the Governments recent $400M upgrade the base is set to become the home of Defence Force aviation training for decades to come.

LEASE DETAILS :

* Lease edition: Edition 6
* Lease start date: 23/08/2010
* Lease end date: 22/08/2025
* Lease option: USED
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Current Gross rent for 2023: $520pw and reviewed annually each December.

PROPERTY FEATURES:
* Modern lowset brick home
* 3 Bedroom inc Main with Ensuite, Air conditioning and walk in robe
* 2 Separate living areas inc Family/Rumpus and Living/Dining
* Double garage with internal entry
* Outdoor entertaining area
* Generous 800sqm flat block
* Security screens
* Built approx 2010

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most 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 rental guarantee and a no fuss investment property; let DHA do all the hard work for you.

*** Investing in DHA leased homes - 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 - the Defence properties specialist. 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.

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Property History for 3 Stuart Pl, Sale, VIC 3850

A timeline of how this property has performed in the market
Last Sold
$500,000
03 Apr 2023
  • 03 Apr 2023
    Sold for $500,000
  • 10 Jun 2022
    Listed for Sale $510,000
  • 10 Jun 2016
    Sold for $370,000
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About Sale 3850

The size of Sale is approximately 46 square kilometres. It has 35 parks covering nearly 2.8% of total area. The population of Sale in 2011 was 13,185 people. By 2016 the population was 13,673 showing a population growth of 3.7% in the area during that time. The predominant age group in Sale is 0-9 years. Households in Sale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sale work in a professional occupation. In 2011, 64.9% of the homes in Sale were owner-occupied compared with 63.9% in 2016.

Sale has 8,739 properties. Over the last 5 years, Houses in Sale have seen a 47.96% increase in median value, while Units have seen a 56.68% increase. As at 31 October 2024:

  • The median value for Houses in Sale is $470,209 while the median value for Units is $326,571.
  • Houses have a median rent of $470 while Units have a median rent of $363.
There are currently 145 properties listed for sale, and 37 properties listed for rent in Sale on OnTheHouse. According to CoreLogic's data, 316 properties were sold in the past 12 months in Sale.

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