11/7 Foambark Street, Mcdowall, QLD 4053 | Property Value & History | OnTheHouse
OFF MARKET

11/7 Foambark Street
Mcdowall QLD 4053

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 127m2
Land area: 177m2
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Property Details for 11/7 Foambark St, Mcdowall

11/7 Foambark St, Mcdowall is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2014. The property has a land size of 177m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Townhouse
Year Built
2014
Floor Size
127m2
Land Size
177m2
Local Government
Brisbane
Lot/Plan
11/SP270207

Last Listing description (December 2024)

INVESTORS : Located just 10km from the Brisbane CBD and built in 2015 this modern townhome offers investors the opportunity to enter the Brisbane market with a assurance of guaranteed rent from DHA (Defence Housing Australia) and a long lease until 2027. Featuring 3 spacious bedrooms + separate study or multi purpose room, over 2 levels with an open plan kitchen which flows through sliding glass doors to the undercover outdoor entertainment area and yard. Located in a quiet complex with access to all the important amenities including McDowall State School, local shops and cafes, and Westfield Chermside within close proximity.

GROSS RENT FOR 2024: $640pw and adjusted annually based on the assessment from independent professional valuer.

DHA LEASE DETAILS :

* Lease start date: 19/06/2015
* Lease end date : 18/06/2027
* Lease option: Used
* 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.

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.

COUNCIL RATES: Approx $430 Per Quarter
WATER RATES: Approx $330 Per Quarter
BODY CORP FEES : Approx $2240 Per annum

ABOUT MCDOWALL :
McDowall beckons with its peaceful ambience and excellent liveability, all within easy reach of Brisbane's bustling heart. This leafy suburb, just 10km north of the CBD, offers a charming village atmosphere with convenient access to Westfield Chermside for all your shopping needs. Parks and green spaces abound, perfect for families and nature lovers, while excellent schools solidify McDowall's position as an ideal place to call home.

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 and must be coordinated by the agent with the tenants.
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 Floorplan, lease dates, build date, land size, floor plans and size, and property condition. Interested parties should make their own enquiries and conduct their due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.

Property History for 11/7 Foambark St, Mcdowall, QLD 4053

A timeline of how this property has performed in the market
Last Sold
$655,000
04 Nov 2024
  • 04 Nov 2024
    Sold for $655,000
  • 05 Jul 2024
    Listed for Sale $659,000 Plus
  • 19 Jun 2015
    Sold for $460,000
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About Mcdowall 4053

The size of Mcdowall is approximately 4.2 square kilometres. It has 15 parks covering nearly 25.7% of total area. The population of Mcdowall in 2016 was 7237 people. By 2021 the population was 7612 showing a population growth of 5.2% in the area during that time. The predominant age group in Mcdowall is 40-49 years. Households in Mcdowall are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mcdowall work in a professional occupation.In 2021, 76.80% of the homes in Mcdowall were owner-occupied compared with 78.30% in 2016.

Mcdowall has 3,301 properties. Over the last 5 years, Houses in Mcdowall have seen a 93.44% increase in median value, while Units have seen a 109.33% increase. As at 30 November 2025:

  • The median value for Houses in Mcdowall is $1,371,038 while the median value for Units is $887,041.
  • Houses have a median rent of $820 while Units have a median rent of $725.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Mcdowall on OnTheHouse. According to Cotality's data, 103 properties were sold in the past 12 months in Mcdowall.

Suburb Insights for Mcdowall 4053

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.