SOLD
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Sold on 05 Aug 2024 for $390,000

6/357 Margaret Street
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 6/357 Margaret St, Newtown

6/357 Margaret 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 August 2024. There are other 2 bedroom Unit sold in Newtown in the last 12 months.

Building Type
Unit

Last Listing description (August 2024)

It’s all about the position!

Conveniently located on the city fringe in Newtown, this unit presents fantastic entry-level buying. Step in through the front door to be greeted by the large open-plan dining, living, and kitchen areas. The separate laundry provides ample storage with a separate toilet. Moving upstairs you will find an office space with linen storage, two generously sized bedrooms with ceiling fans, and built-in wardrobes. The bathroom features a shower, bathtub, and separate toilet suiting a wide range of needs.

The unit:

- Open-plan living
- Single lock-up garage
- Two separate toilets
- Fully fenced courtyard
- Generously sized bedrooms

The location:
- A short walk across the road from St Mary’s College
- 1 Minute Drive into the CBD
- 3 Minute Drive to the Glennie School
- 4 Minute Drive to Clifford Gardens Shopping Centre
- 6 Minutes to the Toowoomba Base Hospital

GENERAL RATES: $1,190.22 NET Half Yearly Approx.

WATER ACCESS: $350.32 NET Half Yearly Approx.

VACANCY: The property is currently sitting vacant and is ready to occupy.

RENT: Appraised for $400 Per Week

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

To arrange an inspection or learn more, contact Aaron Savage on 0417 037 460

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Property History for 6/357 Margaret St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$390,000
05 Aug 2024
Listed for Rent
$285/w
09 Dec 2020
  • 14 Jul 2024
    Sold for $390,000
  • 05 Jul 2024
    Listed for Sale Interest Over $359,000
  • 17 Nov 2020
    Listed for Rent $284 / 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 5,385 properties. Over the last 5 years, Houses in Newtown have seen a 94.34% increase in median value, while Units have seen a 94.66% increase. As at 30 November 2024:

  • The median value for Houses in Newtown is $580,068 while the median value for Units is $433,005.
  • Houses have a median rent of $480 while Units have a median rent of $390.
There are currently 25 properties listed for sale, and 16 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Newtown.

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