31 Millbrae StreetDeeragun QLD 4818
Property Details for 31 Millbrae St, Deeragun
31 Millbrae St, Deeragun is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 594m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (April 2025)
ONLY SIX YEARS OLD this solid investment property has the government incentive scheme NRAS (National Rental Affordability Scheme). The scheme offers tax-free financial incentives to investors along with long-term tenants in place.
For more information on this scheme visit:
https://www.dss.gov.au/our-responsibilities/housing-support/programmes-services/national-rental-affordability-scheme
Benefits of investing with NRAS
An annual tax-free incentive that is indexed over ten years (or remainder of scheme)
Increased income
A positive cash flow investment
Reducing tax burden through potential negative gearing benefits
Tax deductions on interest payments
Investors may exit the scheme at any time without incurring exit penalties
The property can be sold with remaining NRAS incentive to another investor
The property can be sold without the NRAS
The property
Modern rendered masonry three bedroom home.
Master with ensuite
Built in robes to all rooms
Fully air-conditioned.
Great Open plan living with a modern colour scheme
Double Lock Up Garage
Outdoor Alfresco area
This home was built in 2011 and has current tenants with the NRAS scheme in place.
MARKET RENT $328
NRAS RENT $245
Rebate $83
Property History for 31 Millbrae St, Deeragun, QLD 4818
- 17 Aug 2023Listed for Sale $309,000
- 03 Mar 2022Sold for $330,000
- 16 Feb 2022Listed for Sale $329,000-$339,000
Recent sales nearby
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About Deeragun 4818
The size of Deeragun is approximately 7.1 square kilometres. It has 5 parks covering nearly 3.2% of total area. The population of Deeragun in 2016 was 4250 people. By 2021 the population was 4273 showing a population growth of 0.5% in the area during that time. The predominant age group in Deeragun is 0-9 years. Households in Deeragun are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Deeragun work in a trades occupation.In 2021, 58.50% of the homes in Deeragun were owner-occupied compared with 55.60% in 2016.
Deeragun has 1,754 properties. Over the last 5 years, Houses in Deeragun have seen a 120.71% increase in median value, while Units have seen a 131.29% increase. As at 31 December 2025:
- The median value for Houses in Deeragun is $637,085 while the median value for Units is $704,725.
- Houses have a median rent of $540 while Units have a median rent of $408.
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