16 Sovereign TerraceIdalia QLD 4811
Property Details for 16 Sovereign Tce, Idalia
16 Sovereign Tce, Idalia is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 495m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (January 2024)
INVESTORS : The perfect opportunity exists to own this lovely home with a long lease to Defence Housing Australia (DHA) until APRIL 2026 and sure to offer investors excellent long-term growth prospects. Located in Idalia and is popular with families, the suburb has it all - close to schools - public and private primary/secondary schools, shopping centres, sports facilities, Ross River Creek, the CBD, the hospital, JCU, and restaurants while the parks and the river walks/bike paths are excellent.
A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments,
all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home is repainted at DHA's expense before being handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to onsell to another investor at any time during the lease.
With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is on the way back from its previous downturn, now is the perfect time to consider investing in to the region.
LEASE DETAILS :
* Lease edition 6
* Lease start date 29/04/2020
* Lease end date 28/04/2026
* Lease option Used
* Right to vary 1 x up to 12 months Reduction
* Note: The option and right to vary is at DHA?s discretion.
CURRENT RENT for 2023: $530 per week and adjusted each December according to an independent professional valuation
PROPERTY FEATURES:
* Modern low-set brick home
* 4 Bedroom inc Main with Ensuite, Walk In Robe and Air Con.
* Spacious bedrooms 2, 3 & 4 with Built in robes and ceiling fans.
* Generous Study space flexible enough to use for kids play/TV zone
* Separate Media/Lounge at front of the home
* Air conditioned living areas
* 2 Separate living areas
* Security screens throughout
* Family area opening through double glass doors to outdoor undercover area
* Large 495 sqm block
* Built approx 2010
* Flood free
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
** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can?t be occupied by the owner/s until the lease ends **
***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.
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 16 Sovereign Tce, Idalia, QLD 4811
- 26 Oct 2023Sold for $495,000
- 05 Jun 2023Listed for Sale Offers Above $489,000
- 03 Feb 2010Sold for $217,900
Recent sales nearby
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About Idalia 4811
The size of Idalia is approximately 3.5 square kilometres. It has 8 parks covering nearly 13.1% of total area. The population of Idalia in 2016 was 4438 people. By 2021 the population was 4563 showing a population growth of 2.8% in the area during that time. The predominant age group in Idalia is 20-29 years. Households in Idalia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Idalia work in a professional occupation.In 2021, 56.50% of the homes in Idalia were owner-occupied compared with 52.40% in 2016.
Idalia has 1,919 properties. Over the last 5 years, Houses in Idalia have seen a 77.65% increase in median value, while Units have seen a 95.83% increase. As at 30 November 2025:
- The median value for Houses in Idalia is $762,204 while the median value for Units is $448,169.
- Houses have a median rent of $650 while Units have a median rent of $480.
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