70 Peel St, Garbutt is a 4 bedroom, 4 bathroom DuplexSemi-detached with 4 parking spaces. The property has a land size of 480m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom DuplexSemi-detached sold in Garbutt in the last 12 months.
Discover a superb investment opportunity in this modern duplex, built in 2017, which features two identical units. Each side of the duplex offers two bedrooms and two bathrooms, complete with a single lock up garage. The interiors are designed for comfort and ease with tiled flooring throughout the main living spaces and plush carpeting in the bedrooms. The first bedroom boasts an ensuite adding a touch of privacy and luxury while both bedrooms are fitted with built in robes for ample storage.
The heart of each unit is the open plan kitchen, dining, and living area which flows out to an inviting covered patio courtyard ideal for relaxation or entertaining. The kitchen is equipped with modern appliances and ample cupboard space. Additionally, each unit is fully air-conditioned to ensure comfort throughout the year and laundry facilities are conveniently integrated into the garage area.
From an investment perspective, these units are currently leased through Defence Housing Australia (DHA), providing a stable rental return of $460 per week per unit, totalling $920 per week. The DHA lease remains in place until 1 July 2027, offering peace of mind with a secure long term tenant.
This property is an exceptional choice for investors seeking a hassle free addition to their portfolio with guaranteed returns and a quality build in a desirable location.
The size of Garbutt is approximately 12.0 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Garbutt in 2016 was 2396 people. By 2021 the population was 2309 showing a population decline of 3.6% in the area during that time. The predominant age group in Garbutt is 20-29 years. Households in Garbutt are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Garbutt work in a community and personal service occupation.In 2021, 41.20% of the homes in Garbutt were owner-occupied compared with 37.50% in 2016.
Garbutt has 2,442 properties. Over the last 5 years, Houses in Garbutt have seen a 101.39% increase in median value, while Units have seen a 154.62% increase. As at 31 December 2025:
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