OFF MARKET

55 Gaunt Street
Newmarket QLD 4051

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Floor area: 248m2
Land area: 810m2
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Last updated 16 Dec 2024
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Property Details for 55 Gaunt St, Newmarket

55 Gaunt St, Newmarket is a 4 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1930. The property has a land size of 810m2 and floor size of 248m2. While the property is not currently for sale or for rent, it was last sold in June 2011.

Building Type
Unit
Year Built
1930
Floor Size
248m2
Land Size
810m2
Local Government
Brisbane
Lot/Plan
730/RP19901

Last Listing description (June 2011)

Massive Opportunity. 2 lots, Qlder as 4 flats!
Enjoy the returns - a great opportunity to reap the benefits of this classic investment property. This house has been working for its owners for many years and now it could be your turn to harvest the returns. With a property like this, in a prime position, there is huge potential for all - the true long term investor, the short term redevelop type buyer or especially the family home renovator. This is great real estate in a beautiful street and only 4 km to the CBD.
2 lots on 809m with views

4 flats returning $230 per week each plus
Terrific elevated position in a quiet street
Walk to train, shopping, caf precinct, schools
Walk to university and hospital
Train or bus to the City
Wilston State School is only a 5 minute stroll
These great opportunities are rare and these properties dont appear very often. The scope is fantastic, weve already had buyers wanting to see this beauty before it was listed. Be quick to secure a prime investment in a great location.
The sustainability declaration is available upon request.

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Property History for 55 Gaunt St, Newmarket, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$750,000
04 Jun 2011
Listed for Rent
$230/w
16 Apr 2011
  • 04 Jun 2011
    Sold for $750,000
  • 30 Apr 2011
    Listed for Sale Not Disclosed
  • 23 Nov 2010
    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 2,498 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.
There are currently 11 properties listed for sale, and 15 properties listed for rent in Newmarket on OnTheHouse. According to CoreLogic's data, 83 properties were sold in the past 12 months in Newmarket.

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