OFF MARKET

5/299 James Street
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 96m2
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Property Details for 5/299 James St, Newtown

5/299 James St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 96m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1995
Floor Size
76m2
Land Size
96m2
Local Government
Toowoomba Regional
Lot/Plan
5/BUP102913

Last Listing description (November 2023)

Discover the incredible value offered by this fantastic brick unit located in close proximity to the Toowoomba CBD. Boasting a range of desirable features, this property presents an excellent opportunity for investors and first home buyers alike.

Step inside this cozy unit and be greeted by two comfortable bedrooms. The bedrooms are complete with carpet and built-in wardrobes, offering ample storage space for your belongings.

The bathroom in this unit is well-designed and offers convenience and comfort for everyone. It has a practical layout and modern fixtures to meet your everyday needs.

The kitchen is equipped with a gas cooktop and electric oven, making it a great space for cooking. Whether you're a cooking enthusiast or simply enjoy preparing meals at home, this kitchen has everything you need to create delicious dishes for yourself, your family, and your friends.

Step outside and you'll find a fully fenced courtyard, creating a private outdoor space where you can relax, perfect for enjoying your morning coffee,

The location of this unit offers unmatched convenience. Situated near the Toowoomba CBD, residents will have easy access to a wide range of amenities, including shopping centers, restaurants, cafes, and entertainment options. Public transportation options are also readily available, making commuting a breeze for tenants and occupants.

Features include:
- Two bedrooms with built in wardrobes
- One bathroom
- One car garage
- Prime location: Close to Toowoomba CBD, offering convenience and high demand.
- Well-maintained property with minimal upkeep required.
- Potential for great rental income and long-term appreciation
- Energy-efficient appliances for sustainability-minded investors
- Walkable access to amenities and public transportation

RENT: Currently tenanted for $325 Per Week.

GENERAL TENANCY AGREEMENT: This property is currently tenanted with an agreement until 04/06/2024.

BODY CORPORATE: Body corporate by-laws apply to this property. Body Corporate levy is approximately $480 Per Quarter.

NBN: This property is NBN-ready.

SCHOOLS: This Property falls within the school catchment area for Newtown State School and Harristown State High School

GENERAL RATES: $1,145.21 NET Half Yearly Approx.

WATER ACCESS: $349.55 NET Half Yearly Approx.

To arrange an inspection or learn more, please contact Leon Carlile on 0418 795 484 or Aaron Savage on 0417 037 460

Property History for 5/299 James St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$290,000
15 Sep 2023
Listed for Rent
$220/w
12 Feb 2018
  • 15 Sep 2023
    Sold for $290,000
  • 27 Jul 2023
    Listed for Sale $299,000
  • 13 Sep 2021
    Listed for Rent $260 / 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.