31 Helen StreetNewtown QLD 4350
Property Details for 31 Helen St, Newtown
31 Helen St, Newtown is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 1022m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Newtown in the last 12 months.
Last Listing description (August 2024)
Welcome to 31 Helen Street, Newtown-a meticulously renovated home that seamlessly combines timeless character with modern conveniences. Just a short walk from the city centre, parks and top-rated schools, this property is a prime choice for first-time home buyers, savvy investors, and developers.
This stunning home boasts four generously sized bedrooms, each featuring built-in wardrobes that provide ample storage. The beautifully renovated family bathroom exudes elegance, while the main bedroom offers a private sanctuary with a luxurious ensuite. The expansive living area is ideal for entertaining guests, and the formal dining room provides the perfect backdrop for intimate dinners. The newly renovated kitchen, with its sleek, contemporary finishes, is sure to inspire culinary creativity.
Step outside to find a single carport offering protected parking, accompanied by two versatile sheds-the larger of which is perfect for a workshop or hobby space. The property's prime location, near Clifford Gardens, trendy coffee shops, and the CBD, offers the ultimate in convenience. With picturesque parks just a short stroll away and a range of private and public schools nearby, this area is perfectly suited for families.
Set on a substantial 1,022m block, the property offers significant development potential. Zoned for Low to Medium Density (TCC), it's an ideal site for the construction of 4-6 units, providing a lucrative opportunity for developers to tap into the growing demand in this sought-after area.
Currently leased at $595 per week until March 2025, with a rental appraisal suggesting an increase to $630 per week, this property also presents a compelling investment opportunity. Approx. 5% yield.
This is more than just a home; it's an opportunity to secure a property with immediate comfort and long-term potential. Don't miss out on making 31 Helen Street your own.
General Rates (1/2 Year): $1,632.50
Water Access Charge (1/2 Year): $314.95
Allotment: 1022m
Please note: Helen Austin Property's representatives have relied on information provided by others and made all reasonable efforts to ensure its accuracy. However, prospective buyers should conduct their own enquiries to verify all details.
Property History for 31 Helen St, Newtown, QLD 4350
- 24 Aug 2024Sold for $750,000
- 21 Aug 2024Listed for Sale Offers to Purchase!
- 19 Feb 2024Listed for Rent $630 / 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 5,364 properties. Over the last 5 years, Houses in Newtown have seen a 87.46% increase in median value, while Units have seen a 86.42% increase. As at 30 September 2024:
- The median value for Houses in Newtown is $558,003 while the median value for Units is $418,976.
- Houses have a median rent of $470 while Units have a median rent of $380.
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