OFF MARKET

5/22 Wallace Street
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 136m2
Land area: 136m2
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Last updated 11 Nov 2024
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Property Details for 5/22 Wallace St, Newtown

5/22 Wallace St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 136m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
Unit
Year Built
1981
Floor Size
136m2
Land Size
136m2
Local Government
Toowoomba Regional
Lot/Plan
5/BUP5892

Last Listing description (November 2014)

First Home Owner / Investor
This quality brick Unit is the perfect starter or ideal Investment unit to add to your Portfolio. Comprising of two Built-in bedrooms, one bathroom and Separate Toilet. Providing Open Planned living with Spacious central Lounge and Modern Kitchen with Stainless Steel Appliances and Dishwasher. Add in Security System & Screens for peace of mind.
Property is a generous 114m2 with a down stairs Single lock up garage. Property also features small private court yard.

Rent Appraised @ $250/Wk. approx. Body Corp is $300/Quarter. Positioned in close proximity to schools, parks, Public Transport & the CBD in in One of five units. This Unit will not last long in such a quiet position and handy to shops and public transport.
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Property History for 5/22 Wallace St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$210,000
16 Nov 2014
  • 16 Nov 2014
    Sold for $210,000
  • 17 Oct 2014
    Listed for Sale $220,000
  • 28 Jul 2011
    Listed for Sale OFFERS FROM $215,000
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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 35 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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