40 Karvella St, Upper Kedron is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 700m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
When you buy this family friendly 4 bedroom investment property, Defence Housing Australia (DHA) will pay your rent every day for the remainder of the lease.
The house features 4 bedrooms - main with ensuite and walk-in robe, two large living areas and a kitchen designed for easy entertaining. The covered patio looks out over the large, fully fenced back yard. The house will be comfortable all year round with air conditioning in the living areas and main bedroom.
This property is in a high end precinct with walking paths, parks, playgrounds, shops and schools close by. Upper Kedron is 16 kms to north west of the Brisbane CBD and is a short drive to Ferny Grove train station, schools and shops.
DHA Lease Summary
End Date: 13/12/2026
Rent: $700/week
DHA Lease Options and Variations
DHA option: 1 x fixed 36 months option to increase
Right to vary: 1 x 12 month extension
DHA Current Monthly Charges Management fee: 16.5% (incl GST)
- DHA guarantee to pay the rent even if the property is vacant.
- DHA Property Care, an all-inclusive service fee, covers a range of property related services.
- The property is cleaned at the end of each tenancy period.
- The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
Contact Andrew Weston andrew@portfoliosales.com.au or Donna Krause donna@portfoliosales.com.au for more information or to arrange an inspection.
Investing with DHA - This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.
The size of Upper Kedron is approximately 8.7 square kilometres. It has 15 parks covering nearly 5.5% of total area. The population of Upper Kedron in 2016 was 4180 people. By 2021 the population was 5800 showing a population growth of 38.8% in the area during that time. The predominant age group in Upper Kedron is 40-49 years. Households in Upper Kedron are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Kedron work in a professional occupation.In 2021, 72.40% of the homes in Upper Kedron were owner-occupied compared with 69.00% in 2016.
Upper Kedron has 2,353 properties. Over the last 5 years, Houses in Upper Kedron have seen a 98.09% increase in median value. As at 31 January 2026:
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