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Sold on 17 May 2024 - Price Unavailable

7B Clairmont Street
Newtown QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 496m2
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Property Details for 7b Clairmont St, Newtown

7b Clairmont St, Newtown is a 4 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 496m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom BlockOfUnits sold in Newtown in the last 12 months.

Building Type
BlockOfUnits
Land Size
496m2

Last Listing description (May 2024)

Positioned down the street from Newtown State School and Newtown Shopping Centre is this sound and dependable investment duplex. With great tenants in place, who are keen to stay on, the long-term tenancy stability is assured. The position means they are ever popular if, and when they do come available.
The units have been well maintained throughout the years, with unit 1 recently undergoing some refurbishment. Each unit is individually metered with private slave meters so water costs can be passed onto the tenants.

Each unit consists of the following:

• 2 built-in bedrooms
• Open plan Lounge/Kitchen/Dining
• Bathroom
• Separate laundry
• Security screens
• Single lock-up garage
• Current leases through to March 2025.
• Gross return of $605 per week
• Close to Newtown State School, Glennie School and Our lady of Lourdes
• Close to Newtown Shopping and a short walk to Clifford Gardens
In addition, there is public transport close by, as well as sporting fields and parks plus easy access into the CBD. Quiet, stable, well maintained and in a good location – just what the investor ordered!! Phone Lachlan today for further information or to arrange an inspection. Please note that minimum notice periods apply when arranging for an inspection.

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Property History for 7b Clairmont St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
17 May 2024
Listed for Rent
$175/w
25 Oct 2011
  • 09 May 2024
    Sold for $600,000
  • 28 Apr 2024
    Listed for Sale Offers Over $549,000
  • 04 Nov 2011
    Sold for $294,000
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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 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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Contact agent
Lachlan Evans
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McAdam and Turnbull Realty
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