FOR SALE
For Sale By Negotiation

323 Bridge Street
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 1338m2
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CALLING ALL INVESTORS

The Feel
This investment opportunity presents a renovated 2-bedroom character home with strong potential for future development. The property comes with Development Approval (DA) and conditions to subdivide into two separate lots, providing an excellent opportunity to capitalize on future growth or maximize rental income. Currently leased for 12 months at $900 per week, the property offers immediate cash flow while you plan for its potential redevelopment. With its prime location and subdivision potential, this property is a smart choice for investors seeking both short-term returns and long-term capital gains.
The Features
– Character home
– House & Yard leased 12mths @ $900/week
– Close to schools, shopping centres and sporting facilities
– Possible redevelopment opportunities
– DA approval for subdivision
– 1,338m2 allotment
RealWay Property Partners proudly present 323 Bridge Street, Newtown. For more information or to book your private inspection, please call Ricky Smith on 0400 131 317.

Property Details for 323 Bridge St, Newtown

323 Bridge St, Newtown is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1338m2. The place is currently for sale with RealWay Property Partners - Toowoomba.

Building Type
House
Land Size
1338m2

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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 5,385 properties. Over the last 5 years, Houses in Newtown have seen a 94.34% increase in median value, while Units have seen a 94.66% increase. As at 30 November 2024:

  • The median value for Houses in Newtown is $580,068 while the median value for Units is $433,005.
  • Houses have a median rent of $480 while Units have a median rent of $390.
There are currently 29 properties listed for sale, and 21 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 310 properties were sold in the past 12 months in Newtown.

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Ricky Smith
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RealWay Property Partners - Toowoomba
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