6/38 Wickham St, Newmarket is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 119m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Situated close to the Brisbane CBD in popular Newmarket, this spacious 119sqm 2-bedroom apartment is found in a boutique block of only 6 apartments. Within 5kms of the Brisbane CBD, public transport options are very close by with a bus stop within 200 metres & approx. 300 metres walk to the Newmarket train station.
As well as the 2 spacious bedrooms, this apartment has 2 bathrooms, 2 balconies (one accessed from the living area, the other from the second bedroom), a one-car lock-up garage and secure intercom access. The large open-plan living/ dining area extends to a generous balcony with a leafy aspect.
In 2019, this apartment was repainted, new carpet was laid, a new split system air-conditioning unit fitted, and fans were installed in both bedrooms.
This apartment would suit either owner-occupiers looking to live close to the Brisbane CBD or Investors looking for a safe investment with a gross yield of approx. 5.0%. It is currently leased for $410.00 per week until the 6th of January 2022.
Features:
2 generous bedrooms with built-in wardrobes
Master bedroom with ensuite & a bay window
Second bedroom accesses a separate balcony
Main bathroom with a bath & toilet includes the laundry
The well-equipped kitchen has a tiled floor, plenty of benchtops and ample cupboard space
The large open-plan living /dining area adjoins the kitchen and opens to a generous balcony
One car lock-up garage
Secure lobby with intercom access
Close to train station & bus stop
10min walk to the Newmarket Shopping Centre
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:
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