7 Cay StreetNewtown QLD 4350
Property Details for 7 Cay St, Newtown
7 Cay St, Newtown is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 580m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (January 2022)
Positioned in a very convenient Newtown location only a short drive to numerous Schools, major Shopping Centres and the CBD, this gorgeous hi-set character home which features polished timber floor boards and high ceilings with decorative cornice and ornate ceiling roses, is ideally suited to the investor looking to secure a property in a sought after Newtown location with tenants in place until September 2022 paying $370per/week and a current rental appraisal of $400 - $420per/week.
Featuring a renovated kitchen including dishwasher and gas cooking and a modern bathroom with shower, bathtub and separate toilet, the rest of the home comprises of three great sized bedrooms all with free-standing wardrobes (main with air-conditioning), huge air-conditioned formal lounge room, separate dining, internal laundry with ample storage and a large rear timber deck.
- High ceilings with decorative cornice and ornate ceiling roses
- Polished timber floorboards throughout living and bedrooms
- Three great sized bedrooms all with free-standing wardrobes
- Modern bathroom with shower, bathtub and separate toilet
- Very large formal lounge room, separate dining off kitchen
- Spacious, renovated kitchen with dishwasher and gas cooktop
- Rev/cycle air-conditioning to main bedroom and formal lounge
- Internal laundry with bench space and great storage cupboards
- Large covered rear timber deck accessible from the laundry
- 9 x 6mt powered shed with remote roller doors plus garden shed
- Fully fenced 580m2 allotment with 5,000lt rainwater tank
- Tenants in place until September 2022 paying $370per/week
- Current rental appraisal of between $400 - $420per/week
Property History for 7 Cay St, Newtown, QLD 4350
- 01 Dec 2021Sold for $400,000
- 26 Nov 2021Listed for Sale $400,000
- 10 Sep 2021Listed for Rent $370 / week
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0About 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.
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