14 Frederick StreetNewtown QLD 4305
Property Details for 14 Frederick St, Newtown
14 Frederick St, Newtown is a 7 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 890m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (September 2022)
The sellers of this A1 investment opportunity have given clear instructions to sell as a matter of urgency, delivering an impressive $1,015 p/w rental return, this will provide a 6% yield to the savvy investors portfolio. The current lease agreements are all due to be renewed at different stages throughout the year, giving the owner constant cashflow and stability.
This is a unique proposition in a premiere location, we are submitting each and every offer for the owners consideration.
The Breakdown:
Unit 2. $275 per week
Unit 3. $250 per week
Unit 4. $240 per week
Council Rates: Approx. $1527 p/q
Key Points:
- 4 Carports
- Individually metered for Gas and Electric
- Fully self contained units
- 2022 smoke alarm compliant
- 890sqm allotment
Located within minutes to:
Ipswich CBD
IGGS
East Ipswich Train Station
30 minutes to Brisbane CBD
Property History for 14 Frederick St, Newtown, QLD 4305
- 31 Jul 2022Sold for $840,000
- 08 Feb 2022Listed for Sale Offers Over $899,000
- 26 May 2011Listed for Rent - Price not available
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About Newtown 4305
The size of Newtown is approximately 0.7 square kilometres. It has 3 parks covering nearly 3.4% of total area. The population of Newtown in 2011 was 1,453 people. By 2016 the population was 1,624 showing a population growth of 11.8% in the area during that time. The predominant age group in Newtown is 50-59 years. Households in Newtown are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 66.5% of the homes in Newtown were owner-occupied compared with 64.8% in 2016.
Newtown has 649 properties. Over the last 5 years, Houses in Newtown have seen a 113.91% increase in median value, while Units have seen a 81.35% increase. As at 31 October 2024:
- The median value for Houses in Newtown is $661,231 while the median value for Units is $414,132.
- Houses have a median rent of $500.
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