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Overview
This modern lowset brick home, built around 2018, represents an outstanding investment opportunity located in the rapidly developing suburb of Raceview, Queensland. Positioned on a generous 445 square metre block, the property benefits from a secure Defence Housing Australia (DHA) lease, ensuring stable rental income guaranteed through to November 2027 with an option extending to 2030.
The layout is thoughtfully designed to provide functional living spaces, featuring three large bedrooms, including a master bedroom with ensuite, walk-in robe, and air conditioning. The home offers two distinct living areas: a spacious family and dining zone and a separate lounge or media room, catering well to a range of lifestyles.
The kitchen is modern and well-equipped, showcasing stainless steel appliances and ample storage, supporting both everyday family meals and entertaining. Air conditioning and ceiling fans throughout, alongside easy-care tiled flooring, enhance comfort and practicality year-round.
A double lock-up garage with internal access provides convenient and secure parking, complemented by security screens for added peace of mind. The outdoor area includes a covered patio ideal for entertaining or relaxing, while the property’s fully fenced block creates a safe environment for families and pets alike.
Investors will appreciate the comprehensive DHA lease benefits, including on-time rent payments regardless of tenancy status, periodic independent rental valuations and adjustments, and maintenance coverage by DHA, making this a low-risk, hassle-free investment. The lease structure also allows for lease-end make-good repairs paid for by DHA and the flexibility to onsell to another investor during the lease term.
Raceview offers strong rental demand driven by its proximity to essential amenities such as schools, parks, shopping centers, and its convenient 5-kilometer distance from Ipswich CBD and approximately 40 kilometers to Brisbane CBD. The suburb’s ongoing growth and community development make it a promising location for capital appreciation, perfect for SMSF investors or those seeking a secure addition to their property portfolio.
Local Market Insights
In Raceview, Quiet Listings observed 58 new houses entering the market over the last 30 days, down from 75 during the previous 30-day period, with an average advertised asking price of $856,440. The property type mix of listed properties is predominantly Houses at 83%, followed by units (6%), and townhouses (6%). The most active agency for houses in the Raceview area is currently NGU Real Estate, representing 29% of new listings, followed by Ray White with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Raceview QLD 4305
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