25 Golden Wattle CrescentThornton NSW 2322
Property Details for 25 Golden Wattle Cres, Thornton
25 Golden Wattle Cres, Thornton is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 560m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (January 2022)
This large 4-bedroom, 2-bathroom DHA investment property is situated in a quiet street and offers plenty of space both inside and out. The main bedroom has a WIR and ensuite, the remaining three bedrooms all have BIR's. The living space features open plan kitchen, with gas cooktop and breakfast bar, family and dining with a separate family room. Other features include reverse cycle air conditioning, DLUG with internal access, full security screens and an easy maintenance 560 sqm allotment.
Thornton is a great suburb with easy access to the freeway heading North and South, out to the Hunter Valley Wineries, Port Stephens and into Newcastle. Thornton has a small shopping center and Stockland Greenhills is the closest shopping center complex approx. a 10 mins drive. Thornton Public and Francis Greenway High are two schools located within this suburb.
Built approximately 2005 and currently rented at $500pw, assessed annually and rental income guaranteed to be paid weekly, without fail until the end of the lease.
PLEASE NOTE: DHA has provided a Letter of Offer which extends the lease on this property a further 3-years with an additional 3-year option to extend, a new lease agreement will be put in place prior to the lease end expiry date in Nov 2022.
PROPERTY FEATURES:
* 4 spacious bedrooms / 2 bathrooms
* Master bedroom with WIR and en-suite
* Spacious open plan living and dining area
* Large versatile kitchen overlooking with gas cooktop
* Separate family area
* Tiled living and carpeted bedrooms
* Separate laundry
* Air-conditioning and heating plus ceiling fans throughout
* Undercover outdoor entertaining area
* Safety screens throughout
* Double lock up garage
* Large fully fenced backyard with water tank
* Council & Water Rates approx. $2,930 per annum (water usage reimbursed by DHA)
This investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance and other extensive benefits of the DHA Property Care Services.
LEASE DETAILS :
* Lease Edition: Edition 5b
* Lease start date: 12/11/2007
* Lease end date: 11/11/2022 (see below for changes to the lease end date based on the Letter of Offer)
* Lease option: Used
* Right to vary: Used
* All options/extensions are in DHA's favour
* Current Gross rent $500pw and reviewed annually each December
* Built approx. 2005
Under the Letter of Offer, new lease details will be as follows:
* Lease Term: 3 years
* Lease Start Date: 12 November 2022
* Lease End Date: 11 November 2025
* Variable Extension Period: 36 months
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural 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 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 Jenny Andrew of Hudson Property Agents.
**In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
***The rent displayed is the 2021 rental figure, please note, DHA has recently performed a rent revaluation on this property. Please enquire with the agent to confirm the 2021 rental figure***
Property History for 25 Golden Wattle Cres, Thornton, NSW 2322
- 22 Nov 2021Sold for $705,000
- 08 Oct 2021Listed for Sale Range $670,000 - $710,000
- 16 Jul 2015Sold for $440,000
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About Thornton 2322
The size of Thornton is approximately 16.6 square kilometres. It has 6 parks covering nearly 1.2% of total area. The population of Thornton in 2016 was 8062 people. By 2021 the population was 10690 showing a population growth of 32.6% in the area during that time. The predominant age group in Thornton is 20-29 years. Households in Thornton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornton work in a trades occupation.In 2021, 64.30% of the homes in Thornton were owner-occupied compared with 77.30% in 2016.
Thornton has 5,262 properties. Over the last 5 years, Houses in Thornton have seen a 58.17% increase in median value, while Units have seen a 70.51% increase. As at 31 January 2026:
- The median value for Houses in Thornton is $921,272 while the median value for Units is $617,880.
- Houses have a median rent of $660 while Units have a median rent of $600.
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