2/79 Vacy StreetNewtown QLD 4350
Property Details for 2/79 Vacy St, Newtown
2/79 Vacy St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 84m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (August 2023)
Positioned in a quiet complex of 6, this low maintenance partially furnished unit is conveniently located within walking distance to Clifford Gardens Shopping Centre and Glennie School, along with an abundance of caf??s & parklands.
Upon entering the unit you will be welcomed by the air conditioned, carpeted living & dining area which adjoins the functional kitchen, complete with electric cooking & a new dishwasher. Both bedrooms offer built in cupboards & ceiling fans, with the primary room of generous size and both complimented by a convenient main bathroom. A single lock up garage offers internal access, security screens have been fitted throughout and the property also boasts a private grassed courtyard.
The property offers partial furnishings including a TV & cabinet, dining table & chairs, fridge, microwave, various kitchen utensils & washing machine.
With an excellent tenant in place until December 2023, the property offers a ?set & forget? investment with an ideal current yield of 6.9%.
At a Glance:
? 2 bedrooms with built in cupboards & ceiling fans
? Electric cooking in the kitchen with new dishwasher
? Air conditioned living area with ceiling fan
? Security screens on doors and some windows
? Single lock up garage with internal access
? Private courtyard
? Walk to Clifford Gardens Shopping Centre & Glennie School
? Partly furnished
? Currently tenanted for $320 per week until 15th December 2023
? 6.9% return
? Body Corporate Rates - $505 per quarter
? General Rates - Approx. $1144.70 net per half year
? Water Access - Approx. $314.95 net per half year
Property History for 2/79 Vacy St, Newtown, QLD 4350
- 27 Jun 2023Sold for $255,000
- 20 Jun 2023Listed for Sale Not Disclosed
- 09 Jun 2022Listed for Rent $319 / week
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0About 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 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.
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