9 Glebe Drive, Sale, VIC 3850 | Property Value & History | OnTheHouse
FOR SALE

9 Glebe Drive
Sale VIC 3850

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 210m2
Land area: 978m2
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Property Details for 9 Glebe Dr, Sale

9 Glebe Dr, Sale is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 978m2 and floor size of 210m2.This Property is currently listed for sale with Hudson Property

Building Type
House
Year Built
2008
Floor Size
210m2
Land Size
978m2
Local Government
Wellington
Lot/Plan
14/PS605238

Last Listing description (July 2026)

INVESTORS : We are proud to present investors with this desirable home, currently under lease to DHA (Defence Housing Australia) until 2030 with a three year option that would take it through until 2033. Currently rented at $580 per week and assessed annually with an independent & professional valuation to obtain updated market rent, before being adjusted accordingly on the 1st of January every year.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as :
* Guaranteed rental income

* Comprehensive property care/maintenance package
* Annual independent registered rental valuations and adjustments
* Sell anytime to another investor
Designed for stress free investing and ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home would be handed back for you to do as you like - move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're are free to sell to another investor at any time during or at the end of the lease.

Sale is located 220km South East of Melbourne, in Victoria's Gippsland region, and supports a capacity of approximately 700 RAAF personnel. The base plays a major role in training the next generation of Air Force personnel & with the Governments recent $400M upgrade the base is set to become the home of Defence Force aviation training for decades to come.

LEASE DETAILS :
* Lease start date: 21/04/2024
* Lease end date: 20/04/2030
* Lease option: 1 x 36 months
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension

RENT 2026 : $580pw and adjusted annually based on the assessment from independent registered valuer.

PROPERTY FEATURES:
* Modern lowset brick home
* 4 Bedroom inc Main with Ensuite, Air conditioning and walk in robe
* 3 Separate living areas inc Lounge, Living/Casual Dining and Family/Dining room.
* Double garage with internal entry
* Outdoor entertaining area
* Generous 978sqm flat block
* Security screens
* Evaporative cooling and gas ducted heating throughout.
* Built approx 2008

COUNCIL RATES : Approx $718 per quarter
WATER RATES : Approx. $65 per quarter plus usage of approx. $411 per quarter which can be claimed from DHA.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most 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 in DHA leased homes - 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 specialist. 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 9 Glebe Dr, Sale, VIC 3850

A timeline of how this property has performed in the market
Last Sold
$530,000
09 Nov 2022
Listed for Rent
$400/w
24 Jan 2015
  • 18 Jun 2026
    Listed for Sale $640,000 - $670,000
  • 09 Nov 2022
    Sold for $530,000
  • 11 Oct 2022
    Listed for Sale Not Disclosed
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About Sale 3850

The size of Sale is approximately 46.0 square kilometres. There are 35 parks, covering nearly 2.8% of the total area. The population of Sale in 2016 was 13673 people. By 2021 the population was 14296 showing a population growth of 4.6% in the area during that time. The predominant age group in Sale is 30-39 years. Households in Sale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sale work in a professional occupation.In 2021, 64.50% of the homes in Sale were owner-occupied compared with 63.90% in 2016.

Sale has 8,980 properties. Over the last 5 years, Houses in Sale have seen a 48.39% increase in median value, while Units have seen a 41.16% increase. As at 30 June 2026:

  • The median value for Houses in Sale is $577,935 while the median value for Units is $364,355.
  • Houses have a median rent of $520 while Units have a median rent of $405.
There are currently 115 properties listed for sale, and 33 properties listed for rent in Sale on OnTheHouse. According to Cotality's data, 535 properties were sold in the past 12 months in Sale.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.