7 Montana StreetDeeragun QLD 4818
Property Details for 7 Montana St, Deeragun
7 Montana St, Deeragun is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 625m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in February 2012.
Last Listing description (June 2023)
INVESTORS : Buyers should move quickly to purchase this property as a secure investment rented to DHA (Defence Housing Australia) right through until 2024 plus a 3 year option. Currently rented at $465 pw - securing investors a very healthy 5.77% rental yield.
Ideal for investors from anywhere in the country, great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started. Situated in a quiet street on 625sqm of land, it would make the perfect family home at the end of the DHA lease where you can move in, rent out or sell. In the interim investors can enjoy all the freedom of guaranteed income, regardless of whether the home is tenanted, resulting in stress free investing.
LEASE DETAILS :
* Lease end date : 29-3-2024
* Lease option: 1 x up to 36 months
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options/extensions are in DHA's favour.
CURRENT RENT FOR 2023: $465pw and reviewed annually each December
PROPERTY FEATURES:
* Modern lowset brick home
* 4 Large Bedrooms inc Main with Ensuite, WIR and Air Con
* 2 Separate living areas inc separate Family & living rooms
* Outdoor entertaining area
* Security screens
* 625sqm block
* Built 2011
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
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.
LOCATION - Positioned on an elevated 625sqm parcel of land in the popular Oakdale Heights estate, Deeragun. Deeragun is an outer suburb of Townsville in Queensland, and is approximately 16.5 kilometres west of the Townsville CBD. The suburb is serviced by regular buses to the CBD, is located just 13.5km from the Townsville Airport. There are three schools, a Centro Shopping Centre and Medical facilities.
** 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 pre-qualified buyers.
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 Floorpan, 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 7 Montana St, Deeragun, QLD 4818
- 13 Oct 2022Listed for Sale $419,000 PLUS
- 13 Apr 2016Listed for Rent - Price not available
- 17 Feb 2012Sold for $430,000
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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 1,755 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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