11/13 Morisset Street, Queanbeyan, NSW 2620 | Property Value & History | OnTheHouse
OFF MARKET

11/13 Morisset Street
Queanbeyan NSW 2620

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 96m2
Land area: 135m2
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Property Details for 11/13 Morisset St, Queanbeyan

11/13 Morisset St, Queanbeyan is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 135m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2014
Floor Size
96m2
Land Size
135m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
11/SP90193

Last Listing description (August 2023)

This investment-only property is for sale on behalf of a Defence Housing Australia lessor with another 4 years until the Defence Housing Australia lease expires. It cannot be lived in by owners until potentially 2026.

This DHA Mid-lease sale apartment in the fast growth area of Queanbeyan offers two bedrooms and two bathrooms. On the doorstep of Queanbeyan's vibrant retail and commercial precinct, this is a perfectly positioned investment property.

This 4th floor apartment is spacious in size with a contemporary, open plan layout and a modern kitchen with stone benches, quality joinery and appliances overlooking the living and dining areas and large North facing balcony, making this a light and bright space to live.

Both bedrooms provide built in wardrobes, the master with generous sized ensuite and the second bedroom providing easy access to the main bathroom incorporating the laundry comes complete with dryer.
Reverse cycle air conditioning keeps the apartment comfortable and there is a secure underground parking space for two cars and storage cage, as well as lift and intercom system access to the apartment.

With guaranteed year-round rental payments, whether the apartment is vacant or not, as well as the set and forget provisions a DHA investment property always offers, this is an excellent long term investment opportunity. With the lease extending in 2026, this could be a useful addition to a superannuation fund.

Once the lease expires the apartment's location makes it ideal for a variety of uses. An ongoing rental property and a safe, secure investment-only opportunity now, a multi-use property in the future.

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to read about the benefits of investing in Defence Housing Australia property.

At a glance.

Spacious 2 bedroom 2 bathroom apartment
North facing aspect
Open plan living
Quality kitchen with stone benches, quality joinery and appliances including dishwasher
Both bedrooms offer built in robes
Ensuite and main bathroom provide large walk-in showers
Laundry included in main bathroom comes with dryer
Large entertaining balcony
Light and bright
Reverse cycle heating and cooling
Built in 2014

Facts:

Living: 96m2
Balcony: 12m2
Carparking: 2 secure car spaces
Gross Rent: $2,065.40 per calendar month
Lease From: 31/03/2017 to
Lease To: 30/03/2026
Right To Vary: 1 x Up To 12 Months Reduction or Extension
Note: Lease option and Right to Vary are at DHA discretion only

Rates: $461.00 per quarter (approx.)
Strata Fees (admin & sinking funds): $985.54 per quarter (approx.)

(All measurements, amounts and values are approximate and not to be relied upon. Buyers to make their own enquiries.)

Property History for 11/13 Morisset St, Queanbeyan, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$542,500
07 Dec 2022
  • 07 Dec 2022
    Sold for $542,500
  • 04 Jul 2022
    Listed for Sale $550,000
  • 14 Mar 2017
    Sold for $397,500
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About Queanbeyan 2620

The size of Queanbeyan is approximately 2.8 square kilometres. There are 14 parks, covering nearly 15.1% of the total area. The population of Queanbeyan in 2016 was 6237 people. By 2021 the population was 6409 showing a population growth of 2.8% in the area during that time. The predominant age group in Queanbeyan is 30-39 years. Households in Queanbeyan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan work in a professional occupation.In 2021, 52.80% of the homes in Queanbeyan were owner-occupied compared with 48.60% in 2016.

Queanbeyan has 4,133 properties. Over the last 5 years, Houses in Queanbeyan have seen a 23.63% increase in median value, while Units have seen a 39.24% increase. As at 30 June 2026:

  • The median value for Houses in Queanbeyan is $792,335 while the median value for Units is $465,110.
  • Houses have a median rent of $650 while Units have a median rent of $460.
There are currently 19 properties listed for sale, and 17 properties listed for rent in Queanbeyan on OnTheHouse. According to Cotality's data, 168 properties were sold in the past 12 months in Queanbeyan.

Suburb Insights for Queanbeyan 2620

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.