4/85 Hill StreetNewtown QLD 4350
Property Details for 4/85 Hill St, Newtown
4/85 Hill St, Newtown is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 63m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (November 2021)
Nestled on the edge of the Toowoomba CBD, handy to local public and private schools, close to public transport and a short distance from the CBD is your next opportunity. Whether nesting or investing this unit presents incredible value for money and is well appointed with your very own private balcony, car accommodation and access to the complex's shared private courtyard.
The unit is low maintenance and is perfect for the investor who is looking for a set and forget property, which boasts a great return on your investment. Currently renting for $140 p/week - the work has already been done and the tenant of 20+ years is more than happy to stay.
Our seller is committed elsewhere and is offering it to the market for first time in over 20 years. Don't miss your opportunity to acquire a great property for an attractive price. Call Zac Turley or Sue Edwards today for further information or to arrange your private viewing.
Property Features:
- North facing veranda.
- Private shared courtyard.
- Undercover carpark.
- Open plan kitchen and living area.
- Spacious bedroom.
- Security door and screens.
School Catchment:
Prep to Year 6 - Toowoomba North State School
Year 7 to Year 12 - Harristown State High School
Tenancy:
- Tenant is on a periodic lease.
- Rented currently for $140 p/week to tenant of 20+ years, rent appraised between $185 - $205 p/week.
Rates:
General net yearly (gross) - $1,117.38
Property History for 4/85 Hill St, Newtown, QLD 4350
- 30 Sep 2021Sold for $155,000
- 21 Sep 2021Listed for Sale Interest from $150,000
- 14 Nov 2009Listed 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 5,365 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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