OFF MARKET

1/56 Gordon Avenue
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 124m2
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Property Details for 1/56 Gordon Ave, Newtown

1/56 Gordon Ave, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 124m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1991
Floor Size
105m2
Land Size
124m2
Local Government
Toowoomba Regional
Lot/Plan
1/BUP10932

Last Listing description (January 2024)

- 2 good sized built-in bedrooms
- Study nook
- Open plan living and dining with ceiling fan

- Neat and tidy kitchen with gas cook top and electric oven
- Main bathroom and 2 separate toilets
- Private fenced courtyard
- Single lock-up garage
- Currently rented at $270 per week until February 2023
- Body Corporate Fees approx. $537.50 per quarter

Conveniently located within walking distance to Black Gully Reserve and just minutes to Wilsonton Shopping Centre, schools, shops and the Toowoomba CBD, Unit 1 at 56 Gordon Avenue in Newtown presents an outstanding opportunity to purchase a modern townhouse close to all amenities and is the perfect choice for a set and forget investment property.

Positioned at the front of a popular complex of 10, the 2 storey brick home boasts a large open plan living and dining area with ceiling fan, spacious study nook and neat and tidy kitchen with gas cooktop, electric stove, rangehood, pantry and 1 1/2 bowl sink. The laundry is also located downstairs with an adjoining toilet for convenience.

Upstairs boasts 2 spacious carpeted bedrooms with built-ins, casual sitting room for extra space to unwind and family bathroom with a separate bath and shower, vanity and separate toilet.

Additionally, there is heaps of storage, security screens fitted to doors and windows and the hot water system is natural gas.

Externally there is a large paved outdoor entertaining area in the private courtyard. Your vehicles are also catered for with a single lock-up garage with internal access.

Investors - the home is currently rented at $270 per week until February 2023.

Body Corporate fees are approximately $537.50 per quarter.

Do the maths; its makes sense! For your convenience Team Elevate is available 7 days a week to arrange your private viewing.

General rates: currently $1,036.08 net per half year
Water rates: currently $314.95 net per half year plus consumption

Primary school state catchment: Newtown State School
High school state catchment: Wilsonton State High School

Home Built: 1991

Property History for 1/56 Gordon Ave, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$250,000
17 Mar 2022
Listed for Rent
08 Sep 2023
  • 21 Aug 2023
    Listed for Rent $380 / week
  • 17 Mar 2022
    Sold for $250,000
  • 07 Mar 2022
    Listed for Sale UNDER CONTRACT
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About 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 5,363 properties. Over the last 5 years, Houses in Newtown have seen a 87.46% increase in median value, while Units have seen a 86.42% increase. As at 30 September 2024:

  • The median value for Houses in Newtown is $558,003 while the median value for Units is $418,976.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 25 properties listed for sale, and 20 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 309 properties were sold in the past 12 months in Newtown.

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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.