28 Margaret St, Newtown is a 3 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 142m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
Property website: www.28margaretstreet.com
An excellent location in the heart of Newtown gives this two-level terrace enormous lifestyle appeal. Creative buyers will immediately recognise the excellent value that accompanies this outstanding renovation opportunity that is situated within a short stroll to King Street s host of cafes, dining and transport options.
The interiors are tired and worn out and definitely in need of an upgrade or complete overhaul. The generous floorplan includes a large lounge and dining space, a gas kitchen and a third bedroom that lies beyond the bathroom. Upstairs bedrooms include one with access to a front balcony plus there is roof space that could be used for storage. At the rear is a good sized, yet overgrown backyard that includes a paved area and external laundry.
The size of Newtown is approximately 1.6 square kilometres. It has 18 parks covering nearly 3.7% of total area. The population of Newtown in 2011 was 14,148 people. By 2016 the population was 15,009 showing a population growth of 6.1% 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 over $4000 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 41.2% of the homes in Newtown were owner-occupied compared with 38.5% in 2016.
Newtown has 9,306 properties. Over the last 5 years, Houses in Newtown have seen a 37.40% increase in median value, while Units have seen a 24.85% increase. As at 31 October 2024:
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