SOLD
Sold on 20 Jun 2024 for $1,500,000

55 Banks Street
Newmarket QLD 4051

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 131m2
Land area: 607m2
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Property Details for 55 Banks St, Newmarket

55 Banks St, Newmarket is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 607m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Newmarket in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
131m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
6/RP55839

Last Listing description (September 2019)

This light and airy 1940's home offers so much more than you might think, with all the conveniences of vibrant family living at your fingertips. Tastefully renovated over two levels with elevated tree-lined northerly views and fantastic entertaining from covered rear deck, spectacular kitchen plus a teenager's retreat. Clear instruction to sell - Be Quick!

The home's lower level is comprised of a spacious rumpus room which flows on to the home's lower alfresco deck and yard. Encompassing all the desired features of a self-sufficient teenager's retreat, the floorplan of the house offers a variety of living combinations. Upon entering you are greeted with the living and dining area with detailed ceilings and polished floors. Moving through the home, the upper level of the residence gives way to the centrepiece of the updated modern gourmet kitchen. This elegant space remains soaked in natural light all year round and is thoughtfully complemented by a faultless transition to the home's upper entertaining balcony. The combination of interior ambience and exterior functionality allows for an unparalleled experience for both guests and family alike!


Embracing privacy, the residence's three double bedrooms main with ensuite are separate from the main living areas, which is perfect for young families as well as couples. Ample yard space for outdoor sports and entertaining, the expansive grassed area has perimeter trees for privacy and room for a pool or trampoline.

Special features of this captivating home include:

Elegant solid timber flooring
Custom cornices
High ceilings
Recently renovated gourmet kitchen with premium stone benchtops
Spacious covered entertaining deck with stunning northly aspect which is perfect in summer or winter
Reverse cycle air conditioning
Solar electricity with 2.1kw inverter
Plantation shutters
Two undercover carports
Open plan living and dining room
Study nook
Workshop downstairs + ample storage

With all the amenities of Newmarket at your fingertips, and nature in the form of Banks Street Reserve at your doorstep, this superior home truly offers the best of both worlds. Just a minutes' walk to Newmarket State School and 5km from the CBD, with Newmarket Reading Village approx. 1km away providing movie cinemas, fabulous restaurants, cafes and shopping including Coles, this abode is the gateway to the vibrant and coveted inner-city lifestyle. Make your family's dream a reality! Contact Ian Cuneo to register your interest today!

This property is being sold by auction or without a price and therefore a price guide can't be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property History for 55 Banks St, Newmarket, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$1,500,000
20 Jun 2024
  • 20 Jun 2024
    Sold for $1,500,000
  • 03 Aug 2019
    Sold for $901,000
  • 08 Jul 2019
    Listed for Sale Not Disclosed
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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 13 properties listed for sale, and 16 properties listed for rent in Newmarket on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Newmarket.

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