OFF MARKET

2/2a Ranfurly St
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
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Last updated 11 Nov 2024
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Property Details for 2/2a Ranfurly St, Newtown

2/2a Ranfurly St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 72m2.

Building Type
Unit
Year Built
2019
Floor Size
72m2
Local Government
Toowoomba Regional

Last Listing description (November 2023)

Discover the perfect investment opportunity in the heart of Newtown! This centrally located 2-bedroom, 1-bathroom unit at 2/2A Ranfurly Street presents a winning combination of location, lifestyle, and returns. With a secure 12 month lease in place fetching $370 p/w, this is an investor's dream.

Step inside to find an open-plan living area that exudes modern sophistication. The large bathroom features a dual shower and sleek fixtures for ultimate comfort while both bedrooms offer convenience with built-in robes. The kitchen is fitted out with stainless steel appliances that combine style and functionality.

The unique advantage of this property lies in its outdoor features as well - it boasts its own private courtyard for alfresco dining or entertaining. Plus, there's private off-street parking with room for one car making it ideal for tenants seeking convenience.

Located just a stone's throw away from the CBD, this low maintenance unit offers easy access to work, shopping centres and entertainment hubs - making it highly appealing to potential renters.

Seize this opportunity today! Perfect for investors looking into expanding their portfolio with strong reliable return.

Rates: Approximately $1128.12 per half year
Water Access: Approximately $314.59 per half year

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Property History for 2/2a Ranfurly St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Listed for Rent
$350/w
12 Jul 2022
  • 12 Jul 2022
    Listed for Rent $350 / week
  • 02 Mar 2022
    Listed for Sale Interest above $279,000

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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 35 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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