SOLD
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Sold on 26 May 2024 for $535,000

38 Cay Street
Newtown QLD 4350

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 549m2
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Property Details for 38 Cay St, Newtown

38 Cay St, Newtown is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 549m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Newtown in the last 12 months.

Building Type
House
Land Size
549m2
Local Government
Toowoomba Regional
Lot/Plan
27/RP17026

Last Listing description (May 2024)

Please contact agent directly to arrange a private inspection.

Tucked away in a serene Newtown Street, this character gem offers a multitude of opportunities. Its prime location near schools, shopping centres, the QLD State Rose Garden, and essential conveniences makes it a highly sought-after choice for any discerning buyer. Plus, it is just a stone's throw from the vibrant Toowoomba CBD. As inner-city living gains popularity and convenience becomes paramount, this property is brimming with potential for growth and upside.

This offers a fantastic opportunity for those venturing into the property market, providing an affordable entry into homeownership. Investors will appreciate the property's current lease with an excellent tenant who cares for the home as if it were their own, ensuring continued success as an investment property for years to come. Do not overlook this gem if you have an eye for value and potential.

As you step inside, you are welcomed by the porch area, featuring a security screen door and ample space to kick off your shoes, and store your belongings. Moving further in, you will find the expansive front living area, showcasing charming, polished timber floorboards and a gas heater point, ideal for the upcoming cooler months. The main bathroom is a standout with its elegant antique timber vanity and brand-new shower adorned with vintage fixtures. Strategically positioned, it serves the generously sized main bedroom and the second bedroom effortlessly.

Fresh paint has revitalised all three spacious bedrooms. Additionally, new carpets adorn the main bedroom and bedroom two, while bedroom three boasts elegant, polished timber floors. The back bedroom stands out with its exclusive access to the back deck, offering a perfect spot to begin your day with a cup of coffee or to relax while watching the kids play outside. The deck overlooks the low-maintenance backyard, which benefits from an Eastern aspect. If you prefer not to use this bedroom as a traditional sleeping space, it could easily transform into a sunroom, extra living area, or dining room-the possibilities are endless!

The eat-in kitchen has undergone a rejuvenation, featuring brand new vinyl flooring that adds a touch of modernity. Fresh paint enhances its appeal, complementing the stylish timber benchtop. With a generous size, the kitchen provides ample space for dining comfortably. Its good cupboard storage ensures you have plenty of room to keep your essentials organized and easily accessible.

Additionally, outside, you will find a spacious detached single lock-up garage, perfect for parking your car or providing extra storage space. Adjacent to it is an external laundry that includes a second toilet, adding further convenience to the property.

The opportunities are boundless, whether you are considering moving in, securing a solid investment, or embarking on further renovations. The sellers are motivated and have authorized Zac to secure a sale for this property. Do not let this fantastic opportunity slip through your fingers. Contact Zac Turley today for more details, or we will see you at the next open house inspection.

Property Features:
- Fresh internal and external repaint.
- Renovated central bathroom with antique fixtures and a separate toilet.
- Updated eat-in kitchen with gas cooking appliances.
- New carpet in main bedroom and second bedroom.
- Bedroom three boasts polished floorboards and exclusive access to deck area.
- Bedroom three could also be converted into a sunroom or additional living area if preferred.
- Undercover back deck overlooking a spacious backyard with an Eastern aspect.
- New flooring throughout.
- Great sized main bedroom.
- Single detached lock-up shed for car accommodation or storage.
- Separate external laundry and second toilet at the rear of the home.
- Front entry porch with security screen door.
- Formal lounge room with gas heater point.
- External laundry with a second toilet.
- Natural gas hot water system.
- Smoke alarm compliant.
- Water efficient property.

Nearby Amenities:
- Queensland State Rose Garden (2 minutes commute)
- St Andrews Hospital (3 minutes commute)
- Clifford Gardens Shopping Centre (4 minutes commute)
- Wilsonton Shopping Centre (4 minutes commute)
- Grand Central Shopping Centre (7 minutes commute)

Nearby Schools:
- Toowoomba West Special School (1 minute commute)
- Our Lady of Lourdes (2 minutes commute)
- Saint Ursula's College (2 minutes commute)
- Newtown State School (3 minutes commute)
- Saint Mary's College (4 minutes commute)
- The Glennie School (4 minutes commute)
- Wilsonton State School (6 minutes commute)

Tenancy Details:
- Currently tenanted for $450.00 per week until 2/8/2024.

School Catchment:
- Prep to Year 6: Newtown State School
- Year 7 to Year 12: Wilsonton State High School

Property Rates:
- General net ½ yearly: 1,104.72
- Water net ½ yearly: 315.29 + consumption.

Property History for 38 Cay St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$535,000
26 May 2024
Listed for Rent
$435/w
02 Feb 2024
  • 26 May 2024
    Sold for $535,000
  • 13 May 2024
    Listed for Sale SOLD
  • 08 Jun 2023
    Listed for Rent $435 / 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 5,382 properties. Over the last 5 years, Houses in Newtown have seen a 79.71% increase in median value, while Units have seen a 75.27% increase. As at 31 July 2024:

  • The median value for Houses in Newtown is $532,619 while the median value for Units is $386,941.
  • Houses have a median rent of $460 while Units have a median rent of $380.
There are currently 23 properties listed for sale, and 20 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 312 properties were sold in the past 12 months in Newtown.

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Contact agent
Zac Turley
Show contact details
Elders Real Estate Toowoomba
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.