OFF MARKET

5/24 Terrace Street
Newmarket QLD 4051

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 109m2
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Property Details for 5/24 Terrace St, Newmarket

5/24 Terrace St, Newmarket is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 109m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2015.

Building Type
Unit
Year Built
1998
Floor Size
75m2
Land Size
109m2
Local Government
Brisbane
Lot/Plan
5/SP100241

Last Listing description (May 2021)

Simply move in and enjoy! Located in a small complex within walking distance to Newmarket train station, shops, restaurants and Newmarket Swimming Pool. Easy access to the CBD via bus or train. It's all at your fingertips!

You will love:

- 2 spacious bedrooms with built ins
- Main with Ensuite
- Open plan air conditioned living
- Modern kitchen with dishwasher
- Covered lovely front balcony
- Air conditioning
- Fans
- Internal laundry
- One car garage
- Water included in the rent

Sorry, no pets.

Property History for 5/24 Terrace St, Newmarket, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$426,000
27 Feb 2015
Listed for Rent
$395/w
26 May 2021
  • 17 May 2021
    Listed for Rent $395 / week
  • 20 Oct 2017
    Listed for Rent $380 / week
  • 17 Mar 2015
    Listed for Rent $420 / 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 2,499 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.