OFF MARKET

3/6 Prospect Street
North Toowoomba QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 194m2
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Property Details for 3/6 Prospect St, North Toowoomba

3/6 Prospect St, North Toowoomba is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2014. The property has a land size of 194m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Townhouse
Year Built
2014
Floor Size
59m2
Land Size
194m2
Local Government
Toowoomba Regional
Lot/Plan
3/SP267319

Last Listing description (February 2023)

Nestled in a quiet complex, this spacious two-bedroom townhouse presents equal opportunity to both the owner occupier and savvy investor just minutes from the Toowoomba CBD. Boasting private, low maintenance living whilst only being a stone's throw from various schooling facilities, parklands, and Northpoint Shopping Centre, everything you or your tenant could need is close to home. North Toowoomba has become a popular suburb due to its proximity to the city and is an ideal location for young families as well as professionals and retirees.

Comprised of two good sized bedrooms with ceiling fans and built-ins in each, in addition to multiple living spaces and an open plan contemporary design split across two levels, it's easy to see why these townhouses sold so quickly when offered to the market for the first time.

The kitchen features quality electric cooking appliances, dishwasher, plenty of bench space and cupboard storage. There is also a reverse cycle air conditioner in the open plan dining and living area. The bathroom is upstairs and is of a modern design, featuring a shower, bathtub, and large vanity. There is a designated study upstairs which would be perfect for those looking to work from home or to those who want to read and unwind. An abundance of natural light fills the upstairs area due to its northern aspect. Finally, your private covered outdoor alfresco area with a north-eastern aspect adjoins the private courtyard, which features a rainwater tank and can be accessed via the living room and laundry door. This property can accommodate one vehicle in the remote lock up garage but there are also visitor parks within the complex. The laundry is located downstairs beyond the car park in the garage and there is also a separate toilet downstairs.

Extensive Property Features:
- Two good sized bedrooms with built ins.
- Modern kitchen with quality appliances.
- Open plan kitchen, dining and living area.
- Reverse cycle air-conditioner in living area.
- Modern bathroom with large vanity, bathtub, and shower.
- LED lights throughout.
- Covered outdoor alfresco area with North-Eastern aspect.
- Low maintenance courtyard area.
- Natural light filled upstairs area.
- Spacious 'home sized' unit.
- NBN connected.
- Water compliant.
- Updated rental appraisal $370 - $380 p/week.

The property is currently tenanted until the 21/10/2023 returning $340 p/week. The current rental market suggests that the returns could be increased to $370 - $380 p/week. This range is based on comparable rental properties that have rented and are currently available for rent in the immediate area.

Don't miss this wonderful opportunity. This spacious townhouse must be inspected to be fully appreciated, so prepare to be impressed. Call Zac Turley now to arrange your personal inspection.

Please note: Tenanted properties require 24 hours-notice prior to any inspection.

Body Corporate:
Administrative fund: $344.42 per quarter.
Sinking fund: $177.78 per quarter.
Full disclosure statement available upon request.

School Catchment:
Prep to Year 6: Harlaxton State School
Year 7 to Year 12: Toowoomba State High School

Rates:
General net year: $1,061.88
Water net year: $314.59 + consumption

Property History for 3/6 Prospect St, North Toowoomba, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$367,000
27 Jan 2023
Listed for Rent
$320/w
24 Sep 2021
  • 27 Jan 2023
    Sold for $367,000
  • 11 Jan 2023
    Listed for Sale Interest Above $369,000
  • 21 Sep 2021
    Listed for Rent $320 / week
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About North Toowoomba 4350

The size of North Toowoomba is approximately 2 square kilometres. It has 3 parks covering nearly 3.7% of total area. The population of North Toowoomba in 2011 was 3,048 people. By 2016 the population was 2,979 showing a population decline of 2.3% in the area during that time. The predominant age group in North Toowoomba is 20-29 years. Households in North Toowoomba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Toowoomba work in a professional occupation. In 2011, 55.9% of the homes in North Toowoomba were owner-occupied compared with 55.3% in 2016.

North Toowoomba has 1,869 properties. Over the last 5 years, Houses in North Toowoomba have seen a 80.68% increase in median value, while Units have seen a 85.16% increase. As at 30 September 2024:

  • The median value for Houses in North Toowoomba is $570,228 while the median value for Units is $461,884.
  • Houses have a median rent of $480 while Units have a median rent of $375.
There are currently 12 properties listed for sale, and 18 properties listed for rent in North toowoomba on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in North toowoomba.

Suburb Insights for North Toowoomba 4350

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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.