SOLD
RECENT ADVICE
Sold on 23 Aug 2024 for $310,000

10/1 Whichello Street
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 10/1 Whichello St, Newtown

10/1 Whichello St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Newtown in the last 12 months.

Building Type
Unit
Local Government
Toowoomba Regional
Lot/Plan
10/BUP6197

Last Listing description (August 2024)

- Secluded front courtyard offering privacy
- Expansive formal lounge/dining area featuring raked, exposed-beam ceilings and reverse cycle air-conditioning
- Adjoining kitchen, neat and well-maintained

- Generously sized main bedroom with built-in robes and TV connection
- Second bedroom also fitted with built-in wardrobes
- Bathroom equipped with a shower and vanity
- Laundry with ample storage, external access, and a separate toilet
- Single remote-controlled garage with internal access to the lounge
- Security screens and doors throughout for added safety
- Efficient electric hot water system
- Immaculately maintained common grounds and gardens, with a welcoming outdoor area at the rear of the unit
- Currently leased at $310 per week until 28th November 2024

Discover an excellent investment opportunity at 10/1 Whichello Street, Newtown, offering a solid rental return in a peaceful and convenient area. This property presents the perfect formula for investors seeking a reliable return with minimal upkeep. Ideally located close to shops, amenities, and public transport, it's an investment that ticks all the boxes.

This well-maintained unit features a private garden and courtyard space at the front, leading into a formal lounge and dining area with raked, exposed-beam ceilings and a reverse cycle air-conditioner, providing a comfortable and inviting atmosphere. The adjoining kitchen is tidy and practical, ideal for everyday use.

The main bedroom is generously sized, complete with built-in robes and a TV point, while the second bedroom also includes built-in storage. The bathroom is equipped with a shower and vanity, and the laundry offers additional convenience with a linen cupboard, external door, and separate toilet.

A single remote-controlled garage with internal access to the lounge ensures secure parking and ease of access. The property is fitted with security screens and doors throughout, adding an extra layer of security.

The beautifully maintained common grounds and gardens feature an inviting open outdoor area at the rear of the unit, perfect for relaxation. Currently rented at $310 per week until 28th November 2024, this property is an ideal addition to any investment portfolio.

Property History for 10/1 Whichello St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$310,000
23 Aug 2024
  • 07 Aug 2024
    Sold for $310,000
  • 27 Aug 2021
    Sold for $183,000
  • 23 Aug 2021
    Listed for Sale JUST 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 5,364 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.
There are currently 34 properties listed for sale, and 29 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 307 properties were sold in the past 12 months in Newtown.

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James O'Donohue
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Shaun Blackburn
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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.