OFF MARKET

8 Burnley Street
Newmarket QLD 4051

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 80m2
Land area: 587m2
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Last updated 16 Sep 2024
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Property Details for 8 Burnley St, Newmarket

8 Burnley St, Newmarket is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 587m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
House
Year Built
1950
Floor Size
80m2
Land Size
587m2
Local Government
Brisbane
Lot/Plan
8/RP56804

Last Listing description (December 2022)

Set in the quiet Burnley Street, this quality constructed family home is on the market for the first time in forty years.

This property is well positioned to renovate or redevelop to reap the rewards.

Set on a flat 587m2 block, close to shops and public transport, this property is the perfect opportunity.

The house has great bones and is looking for someone to transform this modest house into something special.

A good sized rear deck captures the afternoon breezes.

Take advantage of this great opportunity and act now to avoid disappointment.

Property History for 8 Burnley St, Newmarket, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$600,000
01 Mar 2014
Listed for Rent
$900/w
13 Jan 2022
  • 05 Dec 2022
    Listed for Sale Offers Over $599,000
  • 31 Oct 2017
    Listed for Rent $755 / week
  • 08 Aug 2017
    Listed for Rent $755 / week
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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 2,501 properties. Over the last 5 years, Houses in Newmarket have seen a 76.52% increase in median value, while Units have seen a 58.41% increase. As at 31 August 2024:

  • The median value for Houses in Newmarket is $1,511,199 while the median value for Units is $697,849.
  • Houses have a median rent of $680 while Units have a median rent of $525.
There are currently 7 properties listed for sale, and 11 properties listed for rent in Newmarket on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Newmarket.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.