FOR SALE
Buyer interest above $399,000

3/5 Gatfield Street
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Long Term Investment Opportunity on CBD Fringe

Perfectly positioned within walking distance to schools, shopping and public transport links, this modern, pet friendly two-bedroom unit is calling all investors seeking a long term investment opportunity!
This comfortable home offers accessibility and convenience with its air-conditioned open plan living, two spacious bedrooms equipped with built-in robes and 2 well-maintained bathrooms with modern fixtures.
This property is situated in one of Toowoomba's most established and sought-after suburbs which has seen consistent growth year on year. It offers comfortable living for tenants while remaining a fantastic investment opportunity due to its close proximity to key locations and amenities. Secure your future with this incredible property that combines comfortability with accessibility.
Currently tenanted for $400 per week, until 31/10/2025.
Features include but aren't limited to:
• Two spacious bedrooms with built-ins
• Ensuite off main bedroom
• Air conditioned, open plan living
• Single lock up garage
• Walking distance to key locations and transport links
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Property Details for 3/5 Gatfield St, Newtown

3/5 Gatfield St, Newtown is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with Ray White Toowoomba.

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Unit

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About Newtown 4350

The size of Newtown is approximately 5.5 square kilometres. It has 15 parks covering nearly 15.4% of total area. The population of Newtown in 2011 was 9,564 people. By 2016 the population was 9,587 showing a population growth of 0.2% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newtown work in a trades occupation. In 2011, 55.1% of the homes in Newtown were owner-occupied compared with 52.3% in 2016.

Newtown has 5,363 properties. Over the last 5 years, Houses in Newtown have seen a 90.12% increase in median value, while Units have seen a 97.49% increase. As at 31 October 2024:

  • The median value for Houses in Newtown is $566,755 while the median value for Units is $435,631.
  • Houses have a median rent of $470 while Units have a median rent of $390.
There are currently 35 properties listed for sale, and 27 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 308 properties were sold in the past 12 months in Newtown.

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Corey Foelz
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Ray White Toowoomba
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