17 Foster StreetRasmussen QLD 4815
Property Details for 17 Foster St, Rasmussen
17 Foster St, Rasmussen is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2015. The property has a land size of 647m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (December 2023)
SOLD By Lukas Syer-Sailor & Santo Spinella
If you are seeking the perfect investment opportunity, then this is the one for you! With a secure DHA (Defence Housing Australia) lease in place, you have guaranteed returns until the end of the lease in October 2025, with the option to extend for an additional 3 years. Currently rented at $450 per week and returning a solid gross yield of 5%, this is an outstanding opportunity to boost your property portfolio.
Located in the newly established Bluewattle Estate of Rasmussen, with its lush green landscapes, tranquil atmosphere and sweeping views of Mount Stuart there is so much to offer. The estate features a variety of recreational activities for residents to enjoy from beautiful parklands, walking and cycling tracks and easy access to the banks of the serene Ross River.
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 the region.
THE PROPERTY:
Built in 2015
Modern fixtures and fittings throughout
Four large bedrooms with built-in wardrobes
Primary bedroom with ensuite and walk-in-robe
Separate lounge room plus additional dinning/ family room
Stainless-steel appliances
Double lock up garage
Split-system air-conditioning throughout
Separate WC
Security screens
Internal laundry
Outdoor entertaining area/patio
647sqm block
LEASE DETAILS:
Weekly return $450 per week
Lease start date 20/10/2016
Lease end date 19/10/2025, with option to extend a further 3 years
DHA LEASE BENEFITS:
Guaranteed rent paid on time every time regardless of whether the house is tenanted
Annual independent rent reviews
At the end of each tenancy period, the property is cleaned and often refreshed
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. In accordance with DHA regulations, we advise that this property will only be available for private inspections to pre-qualified buyers. Information provided above has been obtained from various sources from which we believe to be accurate, however, Ray White Townsville accepts no liability for any errors or omissions, including but not limited to a Floorplan, 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 17 Foster St, Rasmussen, QLD 4815
- 13 Oct 2023Sold for $420,000
- 26 Sep 2023Listed for Sale $425,000
- 20 Oct 2016Sold for $395,000
Recent sales nearby
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About Rasmussen 4815
The size of Rasmussen is approximately 5.5 square kilometres. It has 9 parks covering nearly 8.9% of total area. The population of Rasmussen in 2016 was 4456 people. By 2021 the population was 4669 showing a population growth of 4.8% in the area during that time. The predominant age group in Rasmussen is 20-29 years. Households in Rasmussen are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rasmussen work in a community and personal service occupation.In 2021, 54.60% of the homes in Rasmussen were owner-occupied compared with 51.60% in 2016.
Rasmussen has 2,476 properties. Over the last 5 years, Houses in Rasmussen have seen a 145.35% increase in median value, while Units have seen a 81.88% increase. As at 31 December 2025:
- The median value for Houses in Rasmussen is $552,399 while the median value for Units is $366,537.
- Houses have a median rent of $500 while Units have a median rent of $380.
Suburb Insights for Rasmussen 4815
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