SOLD
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Sold on 26 Aug 2024 for $650,000

5 Sharp Court
West Wodonga VIC 3690

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1028m2
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Property Details for 5 Sharp Ct, West Wodonga

5 Sharp Ct, West Wodonga is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1028m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in West Wodonga in the last 12 months.

Building Type
House
Land Size
1028m2
Local Government
Wodonga
Lot/Plan
203/PS512395

Last Listing description (August 2024)

INVESTORS : This property represents a perfect opportunity for a savvy investor. Currently rented at $585 per week and a current DHA (Defence Housing Australia) lease in place until 2030 plus a 3 year option that could take it all the way through to 2033. Situated on a generous 1028 sqm block on a quiet street situated in the popular Country Club Estate Wodonga.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option.

LEASE DETAILS :

* Leased until 31/01/2024 - 30/01/2030
* Option available : 1 x up to 3 years
* Right to vary : 1 x up to 12 months extension
* All options/extensions are in DHA's favour.

RENT 2024 : $585PW and adjusted annually according to an independent professional valuation.

PROPERTY FEATURES:
* Large Modern lowset brick home
* 4 Bedroom inc Master with Ensuite, WIR and Air Conditioning
* 3 Separate living areas inc Family/Rumpus, Living/Dining and separate lounge
* Sliding glass doors opening to spacious outdoor entertaining area
* Ceiling fans throughout
* Easy care tiles throughout
* Double lock up garage with internal entry
* Security Screens
* Outdoor undercover patio/entertaining area
* Double gated side access
* Huge 1028 sqm block
* Built approx 2007

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

** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can’t be occupied by the owner/s until the lease ends **

***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 must be coordinated by the agent with the tenants.
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 Floorplan, lease dates, build date, land size, floor plans and size, and 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 5 Sharp Ct, West Wodonga, VIC 3690

A timeline of how this property has performed in the market
Last Sold
$650,000
26 Aug 2024
  • 26 Aug 2024
    Sold for $650,000
  • 16 Apr 2024
    Listed for Sale $669,000
  • 30 Aug 2023
    Sold for $595,000
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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 29 properties listed for sale, and 7 properties listed for rent in West wodonga on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in West wodonga.

Suburb Insights for West Wodonga 3690

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Sharon Richter
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Hudson Property
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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.