18 Foster StreetNewmarket QLD 4051
Property Details for 18 Foster St, Newmarket
18 Foster St, Newmarket is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1245m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (May 2023)
Situated in an elevated Newmarket Street, this deceased estate has been proudly retained by the same family for almost 50 years. 18 and 18A Foster Street is a large land holding of 1245m2.
The original condition character home on the block can be removed and is not listed as a demolition control property so if you are looking for a development site for units/townhouses, this is an ideal block in a hotly contested location.
The existing home consists of 3 bedrooms and 1 bathroom with a large shed with 3 phase power at rear. A little bit of TLC and the home could provide holding income or renovate the existing home back to its former glory on a massive land parcel.
This inner-city location was high and dry and is beautifully positioned near public transportation and is in close proximity to top sporting grounds such as Brisbane Football Club, Broncos Club and Ballymore; educational facilities and schools such as Newmarket State school, St Ambrose's Primary, QUT Kelvin Grove and Kelvin Grove State College.
Considered a trendy inner-city location with easy access to nightlife and dining and entertainment hubs, this is a fantastic opportunity with so much potential.
Please contact Keith Mahon on 0487 250 982 for additional information.
Property History for 18 Foster St, Newmarket, QLD 4051
- 14 Mar 2023Sold for $1,600,000
- 22 Feb 2023Listed for Sale Auction, Tuesday 14 March at 5:00pm | In Rooms
- 06 Apr 1989Sold for $98,500
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0About 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 2,499 properties. Over the last 5 years, Houses in Newmarket have seen a 81.62% increase in median value, while Units have seen a 38.72% increase. As at 31 July 2024:
- The median value for Houses in Newmarket is $1,499,436 while the median value for Units is $603,806.
- Houses have a median rent of $700 while Units have a median rent of $530.
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