SOLD
Sold on 30 Aug 2024 for $337,500

2/56 Hursley Road
Newtown QLD 4350

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 80m2
Land area: 80m2
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Property Details for 2/56 Hursley Rd, Newtown

2/56 Hursley Rd, Newtown is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 80m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 6 bedroom House sold in Newtown in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
80m2
Land Size
80m2
Local Government
Toowoomba Regional
Lot/Plan
2/BUP6680

Last Listing description (September 2024)

The Feel

Enjoying excellent occupancy and attractive returns this readymade investment could be your opportunity to enter the investment market or the perfect addition to your existing portfolio. With a fantastic rental return this provides you with a very attractive yield and, with no body corporate fees, you are in complete control! Situated minutes from the CBD and across the road from the Toowoomba Turf Club, these solid brick units feature multiple living areas, functional layouts with three bedrooms in each unit. The well-equipped kitchens come and plenty of cupboard space and the living and dining areas are comfortable all year round with the addition of reverse cycle air conditioning. Don't miss your opportunity to be able to invest in this this duplex!

The Features

Unit 1 & 2 each contain:
-Three bedrooms, two with built in cupboards and ceiling fans
- Separate Lounge & Dining
- One bathroom with shower over bath, separate toilet
- Spacious laundry
- Huge back yards
- Single carport
- Air conditioning in the main living/dining area
-Security screens throughout
- Unit One Rented $295 a week 11/07/2024 20/01/2025
- Unit Two Rented $330 a week 06/02/2024 10/02/2025
- Rental appraisals available on request

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Property History for 2/56 Hursley Rd, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$337,500
30 Aug 2024
Listed for Rent
$260/w
06 Jul 2021
  • 30 Aug 2024
    Sold for $337,500
  • 21 Aug 2024
    Listed for Sale Interest Above $649,000
  • 03 Jun 2021
    Listed for Rent $260 / 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.
There are currently 25 properties listed for sale, and 16 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Newtown.

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Sarah Springate
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RealWay Property Partners - Toowoomba
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