OFF MARKET

15 Coopers Road
West Wodonga VIC 3690

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 170m2
Land area: 621m2
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Property Details for 15 Coopers Rd, West Wodonga

15 Coopers Rd, West Wodonga is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 621m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
2010
Floor Size
170m2
Land Size
621m2
Local Government
Wodonga
Lot/Plan
171/PS610922

Last Listing description (September 2020)

Available to a savvy investor is this modern 4 bedroom home owned independently and leased back by DHA (Defence Housing Australia). You will receive guaranteed rent from the perfect tenant (DHA) that will provide an ongoing income stream into the long term. A strong cash flow is the key ingredient to making a sound investment.

While independently purchased properties are vulnerable to fluctuating demand for rental properties, there is no risk of vacancy costs with your DHA property. Even if the property is without a tenant for a period of time, DHA will still pay the rent while it's vacant.

PROPERTY FEATURES:

* Modern lowset brick home
* 4 Bedroom inc Main with Ensuite, WIR and Air Con
* 2 Separate living areas inc Family/Rumpus and Living/Dining
* Outdoor entertaining area
* 607 sqm block
* Built 2010

LEASE DETAILS :
* Leased until 01/12/2022
* Option available : 1 x up to 36 month option
* Right to vary : 1 x up to 12 months reduction and 1 x up to 12 months extension
* All options/extensions are in DHA's favour.
* Current Gross rent $405pw and reviewed annually each December.

DHA LEASE BENEFITS:
* DHA guarantee to pay the rent even if the property is vacant.
* Annual independent rent reviews
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* At the end of each tenancy period, the property is professionally cleaned.
* 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 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 - the Defence Properties specialists.

* In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
* Photos are supplied under agreement by DHA, and are for illustration purposes only.

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Property History for 15 Coopers Rd, West Wodonga, VIC 3690

A timeline of how this property has performed in the market
Last Sold
$400,000
30 Jul 2020
  • 30 Jul 2020
    Sold for $400,000
  • 04 Jun 2019
    Listed for Sale $410,000
  • 07 Jan 2011
    Sold for $350,000

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About West Wodonga 3690

The size of West Wodonga is approximately 44.1 square kilometres. It has 39 parks covering nearly 3.6% of total area. The population of West Wodonga in 2011 was 14,057 people. By 2016 the population was 14,570 showing a population growth of 3.6% in the area during that time. The predominant age group in West Wodonga is 0-9 years. Households in West Wodonga are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Wodonga work in a professional occupation. In 2011, 59.8% of the homes in West Wodonga were owner-occupied compared with 60.7% in 2016.

West Wodonga has 7,375 properties. Over the last 5 years, Houses in West Wodonga have seen a 64.20% increase in median value, while Units have seen a 61.67% increase. As at 31 October 2024:

  • The median value for Houses in West Wodonga is $582,707 while the median value for Units is $352,445.
  • Houses have a median rent of $495 while Units have a median rent of $350.
There are currently 31 properties listed for sale, and 8 properties listed for rent in West wodonga on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in West wodonga.

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