17 Dunes CrescentNorth Lakes QLD 4509
Property Details for 17 Dunes Cres, North Lakes
17 Dunes Cres, North Lakes is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2010. The property has a land size of 406m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in January 2020.
Last Listing description (February 2020)
This home in North Lakes is the perfect opportunity for investors looking to break in to the property investment market, with opportunity for good long term growth and security with approx 4.5 years still remaining on the 12 year lease (+ a 3 yr option). The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress free investing, regardless of whether the home is tenanted.
Positioned in the popular suburb of North Lakes - 26 km from the Brisbane CBD. There are huge growth predictions for this area. North Lakes is one of the fastest growing suburbs in the state, with the population almost doubling between 2011 and now. The lower unemployment rates and higher median incomes in North Lakes indicate that the suburb is surrounded by a robust economy that allows residents to enjoy higher standards of living.
PROPERTY FEATURES:
* 3 Bedroom inc Main with Ensuite, WIR and Air Con
* 2 Separate living area
* Outdoor entertaining area
* Single Lock up Garage & Drive way parking
* Built approx 2012
LEASE DETAILS :
* Leased until 23/02/2024
* Option available : 1 x up to 36 month option
* 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 Gross rent $420pw and reviewed annually each December.
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 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 - the Defence Properties specialists.
* In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
* Photos are supplied under agreement by DHA, and are for illustration purposes only.
Property History for 17 Dunes Cres, North Lakes, QLD 4509
- 10 Jan 2020Sold for $405,000
- 28 Oct 2019Listed for Sale $399,000 +
- 15 Mar 2012Listed for Rent - Price not available
Recent sales nearby
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About North Lakes 4509
The size of North Lakes is approximately 11.6 square kilometres. There are 54 parks, covering nearly 18.8% of the total area. The population of North Lakes in 2016 was 21671 people. By 2021 the population was 23030 showing a population growth of 6.3% in the area during that time. The predominant age group in North Lakes is 10-19 years. Households in North Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lakes work in a professional occupation.In 2021, 59.10% of the homes in North Lakes were owner-occupied compared with 54.80% in 2016.
North Lakes has 9,233 properties. Over the last 5 years, Houses in North Lakes have seen a 87.31% increase in median value, while Units have seen a 118.07% increase. As at 31 July 2026:
- The median value for Houses in North Lakes is $1,137,537 while the median value for Units is $853,880.
- Houses have a median rent of $690 while Units have a median rent of $650.
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