8 Foster StreetRasmussen QLD 4815
Property Details for 8 Foster St, Rasmussen
8 Foster St, Rasmussen is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 528m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (August 2022)
INVESTORS : This modern home offers the astute investor a great opportunity for good capital growth. Currently leased to Defence Housing (DHA) on a long term lease which expires in 2027 with a 3 yr option that could take it through until 2030! Rent is currently paid at $470pw which represents an excellent rental yield of 6.11%.
The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress free investing, regardless of whether the home is tenanted. An investment property leased to DHA is ideal for investors from anywhere in the country, superannuation funds, and is a perfect investment for those starting their property portfolio and looking for a safe and secure option to get started.
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 to the region.
LEASE FEATURES
* Lease edition : 6B
* Lease start date : 21/04/2015
* Lease end date : 20/04/2027
* 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
* CURRENT RENT for 2022 : $470pw and assessed annually by independent valuers for market value.
FEATURES:
* 4 bedrooms inc Master bedroom with air-conditioning, walk-in robe and ensuite
* Two large living areas
* Open plan dining, kitchen and family air-conditioned flows out to the undercover entertaining area through glass sliding doors.
* Air conditioning and fans throughout
* Separate laundry
* Double Lock up auto garage with storage and internal entry to the home
* Large undercover outdoor entertaining area perfect for alfresco living and dining
* Safety screens throughout
* Smoke alarms and electrical safety switch
* 528 SQM of land
* Built 2015
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
RATES :
Council & Water Rates are approx $1760 half-yearly
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. 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 8 Foster St, Rasmussen, QLD 4815
- 16 Jun 2022Sold for $435,000
- 06 Jun 2022Listed for Sale Offers Above $399,000
- 12 Mar 2015Sold for $425,000
Recent sales nearby
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0About 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 2,474 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.
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