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Sold on 21 Dec 2023 for $538,500

5 Edith Street
Newtown QLD 4350

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 911m2
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Property Details for 5 Edith St, Newtown

5 Edith St, Newtown is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 911m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Newtown in the last 12 months.

Building Type
House
Land Size
911m2
Local Government
Toowoomba Regional
Lot/Plan
18/RP17220

Last Listing description (December 2023)

- 3 large bedrooms
- Spacious separate lounge room
- Generous eat-in original kitchen equipped with freestanding gas stove with electric oven, single bowl sink plus plenty of bench space and cupboards

- Family bathroom hosting shower over bath
- Separate toilet for added convenience
- Good sized laundry with single wash tub
- High ceilings and gorgeous freshly re-polished timber flooring throughout
- 2 x rainwater tanks
- Detached HUGE Shed - 7m x 9m with lights and power
- Additional detached shed - the perfect workshop!
- Good sized, low maintenance 911m2 allotment
- Rent appraised at $410 per week
- Please Text/Enquire for instant price guide

Welcome to 5 Edith Street in Newtown, a property brimming with potential and old-world charm! This timeless family home, nestled in a serene, tree-lined street, offers the perfect blend of location, potential, and classic features.

Set just moments away from the Glennie School and Newtown State School, and within easy reach of Clifford Gardens Shopping Centre and picturesque parklands, this residence is ideally positioned for convenience and lifestyle.

Inside, the home unfolds with light-filled rooms, high ceilings, and freshly re-polished timber flooring, exuding a warm and inviting ambiance. The three large bedrooms provide ample space for a growing family or potential tenants. A separate, spacious lounge room offers a peaceful retreat for relaxation or entertainment.

The heart of the home there is the generous eat-in kitchen; equipped with a freestanding stove and also offering ample bench space and cupboards. It's a space that holds immense potential for modernization, ideal for those looking to add their personal touch and value to the property.

A family bathroom with a shower over bath and a separate toilet cater to practical living needs, alongside a well-sized laundry. These essential spaces present a blank canvas for renovation and enhancement, providing an excellent opportunity to increase the home's appeal and value.

Outside, the property features two rainwater tanks and a substantial detached shed boasting a 9m x 7m footprint with electric roller door and lighting, complemented by an additional shed. This extra space is perfect for the workshop, adding versatility to the property.

Set on a generous 911m2 allotment, the home offers a sizeable, low-maintenance backyard. This space is ripe for transformation, whether you envision a lush garden, an expansive outdoor entertainment area, or even a future extension (STCA).

This property is not just a home; it's an opportunity. For investors, it's a chance to secure a property in a sought-after location with a high capital growth potential. For first home buyers, it's a steppingstone into the property market with room to grow and add value. And for renovation enthusiasts, it's a project ripe with possibilities, ready to be transformed into a modern masterpiece.

Investors - our property management department has recently rent appraised the home at $410 per week, subject to market condition.

Seize the opportunity at 5 Edith Street, Newtown, where potential meets location in a package that's too good to pass up. Whether you're looking to invest, nest, or test your renovation skills, this property is sure to reward your efforts.

General rates: currently $1,31.34 net per half year
Water rates: currently $315.29 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 Edith St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$538,500
21 Dec 2023
Listed for Rent
$310/w
29 Jan 2020
  • 01 Dec 2023
    Sold for $538,500
  • 20 Nov 2023
    Listed for Sale Expressions of Interest
  • 21 Nov 2019
    Listed for Rent $310 / 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.