OFF MARKET

5/18 Peel Street
Newmarket QLD 4051

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 90m2
Land area: 111m2
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Property Details for 5/18 Peel St, Newmarket

5/18 Peel St, Newmarket is a 2 bedroom, 2 bathroom Unit and was built in 2008. The property has a land size of 111m2 and floor size of 90m2.

Building Type
Unit
Year Built
2008
Floor Size
90m2
Land Size
111m2
Local Government
Brisbane

Last Listing description (October 2019)

Perfectly positioned at the back of the block, is this stunning modern 2 bedroom unit. Only sharing one common wall makes this unit desirable as you won't even know you have neighbours! It also boasts a large outdoor entertaining area complete with a patio, artificial grass and a landscaped garden.

Features Include:


Modern kitchen with quality appliances
Open plan living & dining areas
Two well sized bedrooms, both with built in robes
Master bedroom with ensuite
Split system air conditioning in both bedrooms and the lounge/dining area
Private access from the courtyard to the side street
Large outdoor courtyard with a covered patio, artificial grass and a landscaped garden
Pets on application

This unique property would be perfectly suited to a buyer looking for a stylish modern home with the advantage of a large outdoor entertaining area.

Access can be gained via the front door or discreetly from Peel Street through your courtyard. The expansive open plan living and dining areas flow seamlessly out to an elevated north facing courtyard capturing the breezes, this is the ideal place for entertaining.

From the open plan living/kitchen area you will walk down the hallway to find the large main bathroom/laundry. Just a few more steps and you will find yourself at the second bedroom with built in robes. Finally the master bedroom complete with an ensuite and built in robes.

A single car space in the secure undercover car park has been allocated this this unit.

Located on the corner of Abuklea Street and Peel Street, this really is a very rare opportunity to secure a large apartment with an even larger court yard. Inspect this weekend as this won't last long!!

Rates approx $406.90 per quarter
Body Corporate Fees approx $614.59 per quarter

Property History for 5/18 Peel St, Newmarket, QLD 4051

A timeline of how this property has performed in the market
  • 07 Aug 2019
    Listed for Sale For Sale

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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 2,499 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.
There are currently 6 properties listed for sale, and 13 properties listed for rent in Newmarket on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Newmarket.

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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.