29 Chelwyn StreetMiddle Ridge QLD 4350
Property Details for 29 Chelwyn St, Middle Ridge
29 Chelwyn St, Middle Ridge is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 600m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (November 2021)
INVESTORS : The perfect opportunity exists to own this beautiful home with a long lease to DHA lease until 2023 plus 1 x 3 yr option which would take it through until 2026! Perched on 600 sqm of land in one of Toowoomba's most popular suburbs it's sure to offer investors excellent long term growth prospects. The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress free investing, regardless of whether the home is tenanted.
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.
With record low interest rates and Queensland defying the odds and experiencing some of the best capital growth and highest rental yields in the country, now is the perfect time to consider investing in to the region.
LEASE FEATURES :
* Lease edition Edition 6
* Lease start date 28/06/2020
* Lease end date 27/06/2023
* Lease option 1 x 36 month
* Right to vary 1 x up to 12 months Reduction or Extension
Note: The option and right to vary is at DHAs discretion.
CURRENT RENT for 2021 : $480pw and assessed again each December.
RATES : Council and water combined approx $3200 pa
FEATURES :
* 4 bedrooms, inc master with WIR, AC & Ensuite.
* Main bathroom with shower and separate bath
* 2 separate living areas
* Open plan lounge, dining and kitchen with sliding glass doors to an outdoor undercover area
* Ceiling fans throughout with Aircon to master, main living and kitchen/dining
* Security grills to windows and doors
* Double lock up garage with remote control entry and internal access to the home
* 600sqm block
* Built in 2002
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural 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.
* * Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement & tenants 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 to pre-qualified buyers.
Information provided above has been obtained from various sources from 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, 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 29 Chelwyn St, Middle Ridge, QLD 4350
- 08 Oct 2021Sold for $595,000
- 06 Sep 2021Listed for Sale OFFERS ABOVE $579,000
- 16 May 2002Sold for $224,000
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About Middle Ridge 4350
The size of Middle Ridge is approximately 8.7 square kilometres. It has 21 parks covering nearly 22.8% of total area. The population of Middle Ridge in 2016 was 7141 people. By 2021 the population was 7595 showing a population growth of 6.4% in the area during that time. The predominant age group in Middle Ridge is 10-19 years. Households in Middle Ridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Middle Ridge work in a professional occupation.In 2021, 78.50% of the homes in Middle Ridge were owner-occupied compared with 77.60% in 2016.
Middle Ridge has 3,181 properties. Over the last 5 years, Houses in Middle Ridge have seen a 78.70% increase in median value, while Units have seen a 103.08% increase. As at 30 November 2025:
- The median value for Houses in Middle Ridge is $1,107,955 while the median value for Units is $615,400.
- Houses have a median rent of $670 while Units have a median rent of $438.
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