OFF MARKET

18 Foster Street
Newmarket QLD 4051

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 1245m2
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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.

Building Type
House
Floor Size
103m2
Land Size
1245m2
Local Government
Brisbane
Lot/Plan
21/RP52468

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

A timeline of how this property has performed in the market
Last Sold
$1,600,000
14 Mar 2023
  • 14 Mar 2023
    Sold for $1,600,000
  • 22 Feb 2023
    Listed for Sale Auction, Tuesday 14 March at 5:00pm | In Rooms
  • 06 Apr 1989
    Sold for $98,500
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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.