2/210 Russell StreetNewtown QLD 4350
Property Details for 2/210 Russell St, Newtown
2/210 Russell St, Newtown is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 104m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (January 2022)
Brilliant! An entry level investment still at an entry level price in a buoyant market grab it now. Unit 2, 210 Russell St has been a long-term rental property and throughout that time has been faithful and reliable having mostly long-term tenants and never remaining vacant for long. Being a ground floor unit with easy access front or back makes this an attractive proposition for many tenants and the relative quietness of this part of Russell St only makes that appeal greater. Close to just about everything but far enough away to ensure peaceful living this 2 bedroom unit has had a fresh coat of paint and some minor refurbishment over the past few years. Features include:
North facing sunroom entry
Formal lounge
Bathroom
Separate toilet
Separate laundry
Good sized kitchen with pantry
Single lock-up garage to rear of unit with internal access
Security screens and doors
Currently tenanted through to September this year for $250 per week, this represents a great opportunity to either enter the property investment market or expand an exiting portfolio. With everything around it and being a pleasant and safe setting, this unit is most worthy of your consideration. For a private inspection please contact Lachlan on 0418185220 or at the office on 46392222. Please be aware that with tenants in place there are statutory requirements regarding entry to the property.
Property History for 2/210 Russell St, Newtown, QLD 4350
- 12 Nov 2021Sold for $215,000
- 11 Jun 2021Listed for Sale Offers over $225,000 considered
- 05 Mar 2021Listed for Rent $250 / week
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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 5,385 properties. Over the last 5 years, Houses in Newtown have seen a 94.34% increase in median value, while Units have seen a 94.66% increase. As at 30 November 2024:
- The median value for Houses in Newtown is $580,068 while the median value for Units is $433,005.
- Houses have a median rent of $480 while Units have a median rent of $390.
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