OFF MARKET

7 Queen Street
Newtown QLD 4305

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 86m2
Land area: 1012m2
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Last updated 16 Dec 2024
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Property Details for 7 Queen St, Newtown

7 Queen St, Newtown is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 1012m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1960
Floor Size
86m2
Land Size
1012m2
Local Government
Ipswich
Lot/Plan
530/I120725

Last Listing description (November 2024)

If you're searching for a property with multiple opportunities, whether it be a set and forget, a potential small development or a genuine home - this property offers you three from three.

Set and Forget
With Newtown situated as a prime growth suburb, this home's local to trains, shops and schools ensures demand form tenants will always be high. This property is rented for $320/week currently. Note; there has been a recent rental appraisal completed for this property and you could expect to achieve $400-$420/week if the property was offered to the rental market at the end of this lease, being February 2023.

Small Subdivision/Granny Flat Addition
With this property having a previous DA approval it fits within council's guidelines for a small development. The house itself is perfectly situated that you could add a driveway to the rear of the property. You then have option of a second dwelling at the rear.

Your Next Home
With Newtown being the established area that it is you can have the peace of mind that if you were to purchase this property to live in you will be surrounded by home owners.

Accommodation & Features:
:: 3 Bedrooms
:: Large Living Space
:: Kitchen
:: Well Appointed Bathroom
:: Gorgeous Timber Floorboards
:: Flat 1,012sqm Block
:: Side Access
:: Inviting Street Appeal
:: Previous DA Approval for 1 into 2 Lots
:: + Much More

Inspections are available anytime, including evenings and weekends. To arrange yours, please contact us.

From all of us at Johnson Real Estate, we wish you every success in your search for your home. If you would like more detail on this home or to chat about one of the many other properties we have available please call or email us today.

Property History for 7 Queen St, Newtown, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$520,000
10 Nov 2022
Listed for Rent
$480/w
05 Jun 2023
  • 10 May 2023
    Listed for Rent $480 / week
  • 09 Dec 2022
    Listed for Sale $519,000
  • 24 Nov 2022
    Listed for Sale $519,000
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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 651 properties. Over the last 5 years, Houses in Newtown have seen a 110.82% increase in median value, while Units have seen a 95.72% increase. As at 30 November 2024:

  • The median value for Houses in Newtown is $660,659 while the median value for Units is $428,942.
  • Houses have a median rent of $500.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 4305

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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.