Secure a Smart DHA Investment in Sought-After Oonoonba
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About this property
Positioned in one of Townsville's most in-demand suburbs, this stylish DHA-leased apartment offers peace of mind and long-term value. One of only two in a modern duplex, it represents a rare opportunity to secure a guaranteed return in a growth location. With a current rental income guaranteed until January 2028, this low-maintenance property is leased to Defence Housing Australia - meaning your income is assured whether the property is tenanted or not. For more on the benefits of DHA investment, visit dha.gov.au. Located just minutes from the CBD and local beaches, a short drive to Lavarack Barracks and the Townsville Hospital, this home offers the ultimate in convenience and lifestyle appeal. Property Highlights: • Fully tiled open plan living and dining area flowing onto a covered patio • Two spacious bedrooms with built-in robes, air conditioning, and ceiling fans • Master suite with sleek ensuite, walk-in robe, and gloss cabinetry • Contemporary kitchen with stainless steel appliances and generous pantry • High ceilings, full air conditioning, and an abundance of natural light • Modern main bathroom with quality finishes and stylish vanity • Covered outdoor entertaining space and easy-care • Fully fenced Additional Information: * Current Rent - $520.00 per week. * DHA lease end - 28 January 2028. Variable extension period has already been exercised. * Body Corp - $2,304.25 approx. per half year (Sinking & Admin) * Council rates - Approx. $1,836.05 per half year inc water DHA properties come with a lease that guarantees monthly payments, whether the property is vacant or occupied. It's truly a set-and-forget investment, as DHA manages all day-to-day maintenance throughout the lease term. In accordance with DHA regulations, we advise that this property will only be available for private inspections and pre qualified buyers. This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 1
- Land Area
- 104 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Oonoonba
This 2-bedroom apartment in Oonoonba, QLD 4811 sits within reach of public transport, local shops local amenities. It is listed 29% below the $699,000 median of 57 comparable apartmentswithin 5 km.
What's nearby
- Clayton Street (bus) — 886 m away
- Unnamed — 1.6 km away
- Wes Barrett Park — 190 m away
- Bicentennial Park — 940 m away
- Oonoonba Park — 1.0 km away
Oonoonba at a glance
Full suburb profile- Population
- 2,050
- Median age
- 31
- Household income
- $1,510/wk
- Median rent
- $320/wk
- Median mortgage
- $1,430/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Oonoonba price trend
Median sold · House 3 bed
Compound growth +13.5% / yr over 4 yrs
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Full Oonoonba marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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