160 Thornton StreetRaceview QLD 4305
Property Details for 160 Thornton St, Raceview
160 Thornton St, Raceview is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 401m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (October 2023)
INVESTORS: This home is perfect for entry level investors looking for good long term growth and security with a DHA (Defence Housing Australia) lease in place until August 2029 + 1 x 3yr option which could take it up to October 2032!
Set in beautiful surroundings in one of the fastest growing regions in South East Queensland. Raceview is centrally located and only a short distance from schools, shops, parks, sporting facilities, major shopping centres and public transport. If you are looking to invest in an area that is close to all amenities then you'd be wise to consider this property.
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 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 into the region.
CURRENT GROSS RENT : $480 per week and adjusted each December according to an independent professional valuation
LEASE DETAILS :
* Lease edition Lease Edition 6C
* Lease start date 15/03/2017
* Lease end date 14/03/2029
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months reduction and 1 x up to 12 months extension
* Note: The option and right to vary is at DHA?s discretion.
PROPERTY FEATURES:
* Modern low-set home
* 3 Bedrooms inc Main with Ensuite, BIR and Air Con
* 2 living areas inc Family, dining and Separate Lounge
* Double Lock up garage with secure internal access
* Outdoor entertaining area
* Security Screens throughout
* Modern kitchen with stainless appliances and ample storage
* Dining area opens out to an outdoor patio through double glass sliders
* 401 sqm block
* Built approx 2017
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 is paid for by DHA
* The lessor is also entitled to a lease-end make-good which includes a full repaint and recarpet (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 160 Thornton St, Raceview, QLD 4305
- 19 Jun 2023Sold for $550,000
- 05 Jun 2023Listed for Sale $525,000 plus
- 26 Feb 2021Sold for $429,000
Recent sales nearby
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0About Raceview 4305
The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2016 was 9721 people. By 2021 the population was 9699 showing a population decline of 0.2% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Raceview work in a community and personal service occupation.In 2021, 57.00% of the homes in Raceview were owner-occupied compared with 53.00% in 2016.
Raceview has 4,527 properties. Over the last 5 years, Houses in Raceview have seen a 125.49% increase in median value, while Units have seen a 120.78% increase. As at 30 November 2025:
- The median value for Houses in Raceview is $802,560 while the median value for Units is $506,691.
- Houses have a median rent of $580 while Units have a median rent of $460.
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