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Sold on 30 Jun 2024 - Price Unavailable

3/32 Terrace Street
Newmarket QLD 4051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 96m2
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Property Details for 3/32 Terrace St, Newmarket

3/32 Terrace St, Newmarket is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 96m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Newmarket in the last 12 months.

Building Type
Unit
Land Size
96m2
Local Government
Brisbane
Lot/Plan
3/BUP6795

Last Listing description (June 2024)

This very welcoming apartment is on the first level and is one of only six in the complex in an elevated position in a wide leafy street. The prime location affords easy access to the Airport link and Clem 7 tunnel with the Brisbane CBD only a 10min drive and linking you with the north and south coasts. Newmarket train station is just a short walk (400m) and is only four stops to Brisbane Central Station. Newmarket Village (3 minute drive) has everything you’ll need and is a favourite with locals with a wide variety of stores including Coles supermarket, with the Newmarket Hotel right next door.
The renovated kitchen is a delight to step in to - open on two sides to ensure a light and airy ambience yet designed to be functional, including a full-length benchtop with returns to maximise working space – it just works. The air-conditioned open-plan living and dining space is very roomy and the brick contrast wall is a notable feature. This living space looks out over the very useably-sized balcony with that favourable northeasterly aspect.

Both bedrooms have built-in robes and are easily roomy enough to accommodate queen-sized beds, or a single bed and study desk.
My clients have advised that they are serious sellers, looking for a serious buyer.

3/32 TERRACE STREET AT A GLANCE
2 bedroom, 1 bathroom, 1 car lock-up garage
Split system air conditioning in living/dining
NBN internet access
Renovated, functional light & airy kitchen
Renovated bathroom; internal laundry
Built-in robes in both bedrooms
Toilet separate from bathroom
Favourable north-east facing aspect, elevated position
Lock-up garage, remote controlled door
Year built: 1985
Council Rates: $479.70 per quarter
Body Corporate Fees: $4,010 per annum
Rental Appraisal as at 19th June 2024: $525-$575pw

LOCATION
Prime location close to all amenities
Newmarket Train Station 400m, just 4 stops to Brisbane CBD
Newmarket Village Shopping, cafes, medical etc (3 minute drive)
School catchments:
Newmarket State School (Prep to year 6) 300m
Kelvin Grove State College (Years 7-12) 2.5km
Brisbane CBD 5km
(All distances approximate, direct line)

Property History for 3/32 Terrace St, Newmarket, QLD 4051

A timeline of how this property has performed in the market
Last Sold
30 Jun 2024
Listed for Rent
$460/w
05 Sep 2023
  • 30 Jun 2024
    Sold for $609,000
  • 17 Jun 2024
    Listed for Sale Sold
  • 31 Aug 2023
    Listed for Rent $460 / week
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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 2,487 properties. Over the last 5 years, Houses in Newmarket have seen a 76.49% increase in median value, while Units have seen a 55.60% increase. As at 30 September 2024:

  • The median value for Houses in Newmarket is $1,539,925 while the median value for Units is $691,176.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 9 properties listed for sale, and 14 properties listed for rent in Newmarket on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Newmarket.

Suburb Insights for Newmarket 4051

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Mark Macgillivray
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PLUM PROPERTY PTY LTD
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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.