4 Latrobe CourtWest Wodonga VIC 3690
Property Details for 4 Latrobe Ct, West Wodonga
4 Latrobe Ct, West Wodonga is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 604m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (May 2021)
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. Strong cash flow is a key ingredient to making a sound investment such as this.
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 some time, DHA will still pay the rent while it's vacant. At the end of the lease, you can make the choice to sell, rent out or live in yourself after DHA conduct their end of lease make good.
PROPERTY FEATURES:
* 4 Bedroom inc Main with Ensuite, WIR
* 3 Separate living areas inc Family/Rumpus, Living and Dining
* Ducted heating and cooling throughout
* Outdoor entertaining area
* 603 sqm block
* Built 2003
LEASE DETAILS :
* Lease edition : 5B
* Lease start date: 28/09/2007
* Lease end date: 27/09/2022
* Lease option : Used
* Right to vary: 1 x up to 12 months reduction
* All options/extensions are in DHA's favour.
RENT : Current Gross rent for 2021 is $415pw 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
RATES :
Council Approx $585 quarter
Water Approx $112 quarter (after usage rebate).
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.
Property History for 4 Latrobe Ct, West Wodonga, VIC 3690
- 16 Feb 2021Sold for $410,000
- 29 Jul 2020Listed for Sale $415,000
- 20 Aug 2007Sold for $345,000
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0About 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.
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