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Overview
Situated approximately 17 kilometres from Brisbane CBD in the growing suburb of Doolandella, this well-maintained 3-bedroom house presents an excellent investment opportunity secured under a Defence Housing Australia (DHA) lease until 2029. Offering a strong rental yield with a current rent of approximately $700 per week, reassessed annually, this property promises steady income for investors seeking long-term growth with minimal management.
The location is particularly appealing to tenants looking for convenience and accessibility, with nearby parks, schools, childcare facilities, and shopping centers all within easy reach. Furthermore, excellent transport connections via major roads and proximity to Richlands train station enhance daily commute options.
The home itself features flexible living arrangements, including two living areas that could alternatively offer a fourth bedroom. The master suite benefits from built-in robes, air conditioning, and an ensuite, while a main bathroom provides both shower and bath. The open plan living, dining, and kitchen areas flow effortlessly to an undercover outdoor space, perfect for casual entertainment or family relaxation. Additional comforts include ceiling fans throughout, security grills on windows and doors, and a double lock-up garage with remote and internal access.
For stress-free investing, the DHA lease provides a comprehensive property care and maintenance package, along with periodic independent rental valuations and adjustments. These features minimize the hassle of property management, making the asset suitable for investors nationwide, superannuation funds, and those beginning their property portfolio. At lease conclusion, owners may choose to move in, rent privately, resell, or potentially negotiate a lease extension.
The property, built in 2012, also offers desirable indoor amenities such as broadband internet availability, built-in wardrobes, and Pay TV access. Outdoors, the fully fenced yard and secure parking further enhance tenancy appeal while ensuring privacy and security.
Local Market Insights
In Doolandella, Quiet Listings observed 24 new houses entering the market over the last 30 days, down from 27 during the previous 30-day period, with an average advertised asking price of $1,447,875. The property type mix of listed properties is predominantly Houses at 45%, followed by townhouses (38%), and commercial properties (9%). Ray White was the most active agency in this area, representing 55.8% of all new listings in the last 30 days. 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
Doolandella QLD 4077
Market Insights for Doolandella QLD 4077
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