OFF MARKET

1/23 Erneton Street
Newmarket QLD 4051

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 103m2
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Property Details for 1/23 Erneton St, Newmarket

1/23 Erneton St, Newmarket is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 103m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1985
Floor Size
61m2
Land Size
103m2
Local Government
Brisbane
Lot/Plan
1/SP135160

Last Listing description (October 2022)

When the location you seek needs easy access to cafes, transport and major shopping venues, this well-positioned apartment delivers on all accounts. Bright and tastefully appointed throughout, it provides an ultra-convenient home in the heart of Newmarket with excellent entry-level or investment rewards.

The property is set in a well-maintained brick building and offers exceptional value with good proportions, great natural light and a perfect positioning. Its flexible floorplan features a good-sized double bedroom plus two separate studies, one could be a second bedroom, along with an air-conditioned open living space, well-appointed kitchen and a private sunny balcony.

As an added bonus, the property comes complete with a huge separate storeroom and lock-up garage with laundry. It offers the perfect balance of easy living and convenience, with Reading Newmarket Shopping Centre, Coles, an array of restaurants, Newmarket Hotel and cinemas, within comfortable walking distance.

Features include:
A huge lock-up storeroom and separate garage on title
Well-proportioned interiors are smartly presented throughout
A flexible floorplan with one double bedroom plus two studies
An air-conditioned living area and a well-appointed kitchen
A great investment in an area with strong rental demand
Plenty of opportunity to add extra value through renovation
Close to shopping, cinema and Newmarket's train station
A great location that's 4.3km from Brisbane's CBD

Phone Haydn Denovan for more information or to arrange an inspection

Property History for 1/23 Erneton St, Newmarket, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$360,000
28 Jul 2022
Listed for Rent
$295/w
17 Jun 2008
  • 28 Jul 2022
    Sold for $360,000
  • 20 Jun 2022
    Listed for Sale $368,000
  • 16 Apr 2014
    Sold for $293,000
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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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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.