SOLD
Sold on 28 May 2024 for $1,500,888

52 Garden Terrace
Newmarket QLD 4051

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 180m2
Land area: 405m2
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Property Details for 52 Garden Tce, Newmarket

52 Garden Tce, Newmarket is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1930. The property has a land size of 405m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Newmarket in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
180m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
21/RP19970

Last Listing description (July 2024)

Here's an opportunity that doesn't come around every day - the ability to purchase two stand-alone properties on the one parcel of land. 52 Garden Terrace is perfect for savvy property investors or downsizers looking to make some passive income from their primary place of residence - you could live in one of the houses and rent the other out, or rent out both for great returns- the choice is yours!

Conveniently located only 5KM away from the Brisbane CBD and walking distance to the Newmarket Shopping Centre, the property at the front of the block is a well-maintained Queenslander cottage with built-in wardrobes, air-conditioning and charming character features throughout.

Features of this property include:

- Three bedrooms with air conditioning
- Original pine floors and VJ walls
- Fully appointed kitchen with serving bar to rear deck
- Fully fenced yard
- Internal laundry
- Bathroom with separate shower and free-standing bathtub
- Rear entertaining deck surrounded by a leafy outlook
- Solarhart hot water heating
- 3 car spaces
- Close to Newmarket State School and walking distance to Newmarket shopping centre and train station

The second property on offer is a modern, dual-level townhouse that was built in 2013. The ground floor is an entertainer's delight, with an open-plan layout and a modern kitchen that connects through to an outdoor alfresco dining area with a grassy yard, which is perfect for pets.

Features include:

- 2 bed, 2 bath, 1 study nook, 1 car
- Timber floors, built in robes & ceiling fans to bedrooms
- Ducted air conditioning throughout
- Outdoor alfresco dining area with grassy yard
- Secure and private location
- Electric security gate and privacy screens
- Water tank
- Smoke alarms installed

And then there's the location. Walking distance to the Newmarket Shopping Centre, the Newmarket Pool, Train Station, and most importantly for young families, you are an easy walk away from the highly sought-after Newmarket State School. So give Judi or Michael a call today before you miss out on this exceptional opportunity!

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Property History for 52 Garden Tce, Newmarket, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$1,500,888
28 May 2024
Listed for Rent
13 Apr 2022
  • 28 May 2024
    Sold for $1,500,888
  • 16 Apr 2024
    Listed for Sale $1,530,000 for 2 houses!
  • 05 Apr 2022
    Listed 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 2,484 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 12 properties listed for sale, and 19 properties listed for rent in Newmarket on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in Newmarket.

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