OFF MARKET

23 Winstanley Court
Newtown QLD 4350

Bedrooms: 7
Bathrooms: 3
Car spaces: 2
Land area: 1141m2
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Last updated 11 Nov 2024
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Property Details for 23 Winstanley Ct, Newtown

23 Winstanley Ct, Newtown is a 7 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 1141m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1990
Land Size
1141m2
Local Government
Toowoomba Regional
Lot/Plan
12/RP159940

Last Listing description (December 2023)

A change in investment direction from the current owners allows us to offer to the market this fabulous non strata titled triplex. 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 combined rental return of $1010 per week (Annual $52,520) this provides you with a very attractive yield and, with no body corporate fees, you are in complete control!

Situated at the end of a quiet cul-de-sac, these solid brick units feature open plan living and functional layouts. The well equipped kitchens come with stone benches and plenty of cupboard space and the living and dining areas are comfortable all year round with the addition of reverse cycle air conditioning.

Unit 1 & 2 each contain:

-2 bedrooms with built in cupboards and ceiling fans
-1 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 1 is rented at $330 per week, lease date until 22/7/2024
-Unit 2 is rented at $330 per week, increasing to $350 per week at the renewal on 19/10/23.

Unit 3 contains:
-3 bedrooms with built in cupboards and ceiling fans
-1 bathroom with shower over bath, separate toilet
-Spacious laundry with an extra storage area off to the side (could be used for study nook etc)
-Huge backyard
-Air conditioning in the main living/dining area
-Security screens through out
-Rented at $330 per week, lease date until 30/5/24

The location certainly does not get better than this. This triplex is within close proximity to major shops including Clifford Gardens, public transport, a choice of fantastic primary and secondary schools, beautiful parkland and only 5 minutes to The Toowoomba CBD. An investors dream, this hidden gem needs to be at the top of your list!

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Property History for 23 Winstanley Ct, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$847,300
13 Nov 2023
  • 13 Nov 2023
    Sold for $847,300
  • 14 Sep 2023
    Listed for Sale Not Disclosed

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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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