5/29 Farm StreetNewmarket QLD 4051
Property Details for 5/29 Farm St, Newmarket
5/29 Farm St, Newmarket is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 97m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Newmarket in the last 12 months.
Last Listing description (March 2024)
Whether you are a first home buyer or investor this two bedroom unit, centrally located in the heart of Newmarket is a must inspect with features including:
# Loft style master bedroom with large built in wardrobe, ensuite and air conditioning
# Second bedroom well sized with built in wardrobe, ensuite, air conditioning and balcony
# Modern kitchen with ample bench and cupboard space featuring stainless steel appliances including a dishwasher
# Great sized covered balcony off main living area, opening the property to cooling flow through breezes and connecting the outdoor to the indoor
# Internal laundry
# Security intercom system
# Single car accommodation
# Quiet and secure complex
# Body Corporate Fees approx $5,050 per annum
# Currently vacant and ready to occupy
This unit is perfectly situated to take full advantage of the surrounded amenities including local schools, shops, public transport, parks and is only minutes by car or bus to the CBD and a stones throw away from the Stone's Corner precinct.
Property History for 5/29 Farm St, Newmarket, QLD 4051
- 10 Feb 2024Sold for $566,001
- 06 Feb 2024Listed for Sale Under Contract
- 25 Jan 2018Listed for Rent - Price not available
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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 2,500 properties. Over the last 5 years, Houses in Newmarket have seen a 60.01% increase in median value, while Units have seen a 67.18% increase. As at 30 November 2024:
- The median value for Houses in Newmarket is $1,555,450 while the median value for Units is $739,190.
- Houses have a median rent of $650 while Units have a median rent of $550.
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