SOLD
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Sold on 20 Oct 2023 for $265,000

5/40 Vacy Street
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/40 Vacy St, Newtown

5/40 Vacy St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Newtown in the last 12 months.

Building Type
Unit
Local Government
Toowoomba Regional
Lot/Plan
5/BUP5956

Last Listing description (October 2023)

- Paved front courtyard
- 2 good sized carpeted bedroom, each fitted with built-in robes
- Spacious open plan living featuring timber style flooring

- Centrally located generous kitchen equipped with electric freestanding stove, rangehood, also featuring double bowl sink plus plenty of bench space and cupboards
- Spacious bathroom with shower and good sized vanity unit
- Separate toilet for added convenience
- European style laundry with single wash tub
- Security screens to doors and windows
- Plenty of storage throughout
- Single carport
- Communal rear backyard
- Currently rented at $235 per week until 4th January 2024
- Expected rent increase to $285 per week for the next lease

Embrace the epitome of inner city living at Unit 5, 40 Vacy Street, Newtown. Nestled within a popular complex of 10 units, this conveniently located gem offers a lifestyle of ease and accessibility just moments from Toowoomba's city enter.

This spacious brick unit welcomes you with a paved front courtyard facing west, perfect for enjoying the afternoon sun. Inside, you'll find two generously sized carpeted bedrooms, each thoughtfully fitted with built-in robes. The spacious open plan living area features timber-style flooring, creating a warm and inviting ambiance.

The centrally located kitchen is both functional and generous, equipped with an electric freestanding stove, rangehood, double bowl sink, and ample bench space and cupboards. It's a space where culinary creativity can thrive.

The bathroom is equally spacious, complete with a shower and a good-sized vanity unit. For added convenience, there's a separate toilet, and the European style laundry includes a single wash tub. Security screens on doors and windows provide peace of mind.

Storage is not a concern with this unit; there's plenty of it throughout the home. A single carport ensures secure parking for your vehicle, and a communal rear backyard offers additional outdoor space.

Currently rented at $235 per week until January 4th, 2024 with an expected rent increase to $285 per week, with the next lease this unit represents an excellent investment opportunity or a comfortable home for those looking to experience inner city living.

Situated within walking distance to Clifford Gardens Shopping Centre, Glennie School, and an array of cafes and parklands, this unit is perfectly positioned for a convenient lifestyle. Don't miss your chance to secure this inner city gem at 40 Vacy Street, Newtown.

General rates: currently $1,103.57 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: Harristown State High School

Property History for 5/40 Vacy St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$265,000
20 Oct 2023
  • 29 Sep 2023
    Sold for $265,000
  • 11 Aug 2008
    Sold for $153,000
  • 05 Jul 2008
    Listed 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 5,382 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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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.