SOLD
Sold on 30 Sep 2024 for $665,000

79 Anzac Avenue
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 65m2
Land area: 713m2
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Property Details for 79 Anzac Ave, Newtown

79 Anzac Ave, Newtown is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 713m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Newtown in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
65m2
Land Size
713m2
Local Government
Toowoomba Regional
Lot/Plan
2/RP112708

Last Listing description (November 2024)

THIS WHOLE DUPLEX of 2 Flats in Newtown IS CURRENTLY YIELDING an attractive 5.8% annually in rent, based on the Offers Over Price; and it's presented by Harsha Kumarasinghe for The Jacqui Walker Sells Team.

SHOWING A SOLID RENTAL HISTORY, with good leases currently in place, BOTH FLATS HERE are on ONE TITLE and both are SELLING ALTOGETHER.

FLAT 2 features an updated Kitchen and Bathroom.

INVESTOR QUICK-GLANCE:

- 2 x Flats, side-by-side ... mirror image, selling as a Whole Duplex on 1 Title

- Across 2 Flats get total of 4 Bedrooms / 2 Bathrooms / 2 Internal Garages

- 713 Sq Mtr allotment, with side and rear boundary fencing

- Right now, showing Gross Annual Rent Income of $37,700
::: Unit 1 earning $360/wk until late-January, 2025
::: Unit 2 earning $365/wk until mid-September, 2025

- This results in anticipated gross rent return of 5.8% p.a. based on the Offers Over price

- Recent General Rates and Charges: $1,792.93 net half-year
- Recent Water Infrastructure Charge: May be $315.29 net half-year PER UNIT, then in general terms, usually the Tenants would pay consumption

- Entire duplex = ZERO body corp fees

- South-east orientation to street

SO LET'S ZOOM IN on this opportunity:

- Flat 1 remarks
::: Reverse-cycle AIR Conditioning to Living Room
::: Neat original Bathroom with shower and vanity

- Flat 2 remarks
::: NICELY UPDATED Kitchen and Bathroom

- Each with INTERNALLY ACCESSIBLE Single Garage

- Light-filled NORTH-EAST facing Living Rooms, to capture the whole day's lovely passing sun

- Each spacious eat-in Kitchens will comfortably host a 6-SEATER DINING Table

- Each with 2 spacious Bedrooms, and CEILING FANS

- Each Laundry Room offers a washtub, cupboard, appliance space and easy outdoor access to clotheslines in the shared backyard

- Value-adding SECURITY SCREENS

- Off-street visitor parking space

WHAT'S NEARBY?

- So handy! BUS STOP AT DOOR

- 450m to Newtown Primary School
- 450m to The Glennie School
- 550m to open, sprawling Norman Park
- 550m to Clifford Gardens Shopping Centre
- 750m to St Mary's College
- 850m to Laurel Bank Park
- 1.1km to Clifford Park Racecourse
- 2.0km to Grand Central Shopping Centre / CBD
- 2.2km to Toowoomba Hospital
- 2.7km to Harristown High

WHAT A COMBINATION: Showing a 5.8% gross annual rent yield based on Offers Over price ... nice updates to Flat 2 ... and good leases to both Flats ... on a great-sized in-town Allotment.

WHOLE DUPLEXES ARE THIN ON THE MARKET, so take action now on this opportunity to add a set of Duplex flats - showing current solid earnings - to your investment portfolio.

TOOWOOMBA IS BOOMING with Investors capitalising on the $1.6 billion Second Range Crossing, Airport Industrial Park, Regional Data Centre, new food precincts - and the $500m QIC Grand Central Shopping Centre upgrade.

FOR YOUR CONVENIENCE, we're available right now to answer your questions or to arrange your inspection. SEE THIS DUPLEX NOW!

***HANDY INFO AND SUMS courtesy of The Jacqui Walker Sells Team:

- Title: 2 Flats on 1 Title
- Real Property Description: Lot 2 on Registered Plan 112708

- Built: Properly 1976-79

- Local Government Area: Toowoomba Regional Council

- Internet: Each flat has NBN connectivity via Fibre-to-the-Node, FTTN

- State School Zone: Newtown Primary, P-6; and Harristown High,7-12

- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.

Property History for 79 Anzac Ave, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$665,000
30 Sep 2024
Listed for Rent
$260/w
29 Nov 2018
  • 30 Sep 2024
    Sold for $665,000
  • 26 Sep 2024
    Listed for Sale Offers from $649,000
  • 21 Apr 2022
    Listed for Sale $460,000
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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 27 properties listed for sale, and 20 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 307 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.