SOLD
RECENT ADVICE
Sold on 07 May 2024 for $460,000

1/12 Baradine Street
Newmarket QLD 4051

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
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Property Details for 1/12 Baradine St, Newmarket

1/12 Baradine St, Newmarket is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in Newmarket in the last 12 months.

Building Type
Apartment
Floor Size
75m2

Last Listing description (May 2024)

This rare gem is located an easy walk to bus, train, shops, cinema, in addition to loads of charming local cafe's. Situated on the first level and featuring an excellent layout that maximises functionality.

Outstanding opportunity to secure this updated one bedroom unit in the heart of Newmarket. Currently vacant, so you can choose to move straight in or to rent out. Do not miss the chance to inspect as it will go fast.

• King sized bedroom with plenty of storage and double glazed windows

• East Facing balcony with leafy views
• Wide lock up garage, allowing for plenty of storage
• Small solid block of 12 units featuring a sparkling salt water pool
• Cleverley designed layout, open plan living
• Stylish kitchen featuring gas cooktop and lots of bench space
• Air conditioned living area
• Newmarket Shopping Centre & Reading Cinema only 300mtr walk away
• Less than 10 minutes from Brisbane CBD & QUT Kelvin Grove
• Charming café's, dining options and beautiful parks at your door
• Total Size - Area 75m2 including garage
• Currently Vacant , ideal if you want to move straight in or rent out

Body Corporate Levies - $748 p/qtr
Rates - $480.95 p/qtr for investors, and even less for owner occupiers
Sinking Fund balance - $55,880 at 16/4/24
Potential Rent - $400-$420 p/w providing investors outstanding returns

Property History for 1/12 Baradine St, Newmarket, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$460,000
07 May 2024
  • 29 Apr 2024
    Sold for $460,000
  • 24 Apr 2024
    Listed for Sale For Sale
  • 27 Nov 2019
    Sold for $255,000
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About Newmarket 4051

The size of Newmarket is approximately 1.7 square kilometres. It has 10 parks covering nearly 9.3% of total area. The population of Newmarket in 2011 was 4,444 people. By 2016 the population was 4,986 showing a population growth of 12.2% in the area during that time. The predominant age group in Newmarket is 20-29 years. Households in Newmarket are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newmarket work in a professional occupation. In 2011, 51.2% of the homes in Newmarket were owner-occupied compared with 46.8% in 2016.

Newmarket has 2,483 properties. Over the last 5 years, Houses in Newmarket have seen a 65.06% increase in median value, while Units have seen a 65.04% increase. As at 31 October 2024:

  • The median value for Houses in Newmarket is $1,548,234 while the median value for Units is $727,254.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Newmarket on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Newmarket.

Suburb Insights for Newmarket 4051

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Carol Summerlin
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Dixon Family Estate Agents
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.