1/369 Margaret StreetNewtown QLD 4350
Property Details for 1/369 Margaret St, Newtown
1/369 Margaret St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 81m2.
Last Listing description (January 2020)
With happy tenants looking at long term lease this becomes a great investment opportunity. After 10 years of ownership the retiring landlords now offer an exciting opportunity to own this amazing townhouse unit - located a short stroll to our thriving city hub. Neat as a pin presentation- with new carpets, new vertical drapes, fresh paint, new stove in the timber kitchen and air-conditioning, plus adjustable shutters over skylights. Good size downstairs laundry. There are 2 large bedrooms upstairs as well as a separate loft area making a possible 3rd bedroom or study.
Convenience of toilets both upstairs and downstairs and generous main bathroom.
As the Toowoomba CBD has morphed to include many more bars, restaurants, cafe's and the incredible expansion of Grand Central Shopping Center, this unit places you within walking distance to all of the activities and energy being created. St Mary's School, Laurel Bank Park and further shopping at Clifford Gardens all within walking distance, making this such an amazing location to buy into. Currently rented at $260 a week until the end of Dec 19 and as already mentioned tenants requesting long term lease.
An inspection is recommended.
Call me or meet me on site .
Property History for 1/369 Margaret St, Newtown, QLD 4350
- 11 Apr 2019Listed for Sale Under Contract
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0About Newtown 4350
The size of Newtown is approximately 5.5 square kilometres. It has 15 parks covering nearly 15.4% of total area. The population of Newtown in 2011 was 9,564 people. By 2016 the population was 9,587 showing a population growth of 0.2% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newtown work in a trades occupation. In 2011, 55.1% of the homes in Newtown were owner-occupied compared with 52.3% in 2016.
Newtown has 5,366 properties. Over the last 5 years, Houses in Newtown have seen a 90.12% increase in median value, while Units have seen a 97.49% increase. As at 31 October 2024:
- The median value for Houses in Newtown is $566,755 while the median value for Units is $435,631.
- Houses have a median rent of $470 while Units have a median rent of $390.
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