OFF MARKET

4/3B Gladstone Street
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 116m2
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Property Details for 4/3b Gladstone St, Newtown

4/3b Gladstone St, Newtown is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 116m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2016
Floor Size
90m2
Land Size
116m2
Local Government
Toowoomba Regional
Lot/Plan
4/SP272823

Last Listing description (May 2024)

- 2 carpeted built-in bedrooms
- Main bedroom complete with walk-in robe and ensuite
- Spacious tiled open plan living area featuring reverse cycle air-conditioning

- Modern kitchen with electric cooktop, electric oven, rangehood and dishwasher
- Family bathroom complete with shower, vanity and toilet
- Internal laundry with single wash tub
- Good sized covered outdoor entertaining area set within the privacy fenced courtyard
- Remote single lock-up garage with internal access
- Currently rented at $295 per week until June 2023

Conveniently located within walking distance to Black Gully Reserve and just minutes to Wilsonton Shopping Centre, schools, shops and the Toowoomba CBD, Unit 4 at 3B Gladstone Street in Newtown presents an outstanding opportunity to purchase a modern unit, set in a quiet complex of 4 units, close to all amenities and is the perfect choice for a set and forget investment property.

The low-set brick unit is both spacious and modern and features 2 carpeted built-in bedrooms, the main bedroom with a walk-in robe and an ensuite hosting a shower, toilet, and vanity. The spacious lounge and dining area is open plan and has a reverse cycle air-conditioner for your year-round comfort. This is overlooked by the galley style kitchen which boasts an electric cook top and oven, range hood, dishwasher, 2 bowl sink, breakfast bar and pantry. The family bathroom has a shower, vanity and toilet, and the internal laundry features a single wash tub.

In addition NBN is connected and the hot water system is electric. Entertaining will be a delight with a covered outdoor living area perfectly located at the rear within the private, fenced courtyard and for your vehicle there is a single remote garage with internal access.

Investors - the home is currently rented at $295 per week until June 2023, with potential to increase to $360 per week, subject to market conditions.

Don't miss out! For your convenience Team Elevate is available 7 days a week to arrange your private viewing.

Body Corporate Fees: Approximately $600 per quarter if paid on time
General rates: currently $1,061.88 net per half year
Water rates: currently $314.95 net per half year plus consumption

Primary school state catchment: Newtown State School
High school state catchment: Toowoomba State High School

Home Built: 2014

Property History for 4/3b Gladstone St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$345,000
29 Nov 2022
Listed for Rent
$270/w
15 Sep 2017
  • 29 Nov 2022
    Sold for $345,000
  • 11 Aug 2022
    Listed for Sale UNDER CONTRACT
  • 25 Jul 2017
    Listed for Rent $270 / 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 5,381 properties. Over the last 5 years, Houses in Newtown have seen a 84.02% increase in median value, while Units have seen a 82.65% increase. As at 31 August 2024:

  • The median value for Houses in Newtown is $544,313 while the median value for Units is $402,898.
  • Houses have a median rent of $470 while Units have a median rent of $390.
There are currently 20 properties listed for sale, and 19 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 311 properties were sold in the past 12 months in Newtown.

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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.