OFF MARKET

56 Stewart Avenue
Warwick QLD 4370

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 228m2
Land area: 1027m2
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Last updated 11 Nov 2024
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Property Details for 56 Stewart Ave, Warwick

56 Stewart Ave, Warwick is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1027m2 and floor size of 228m2. While the property is not currently for sale or for rent, it was last sold in August 2003.

Building Type
Unit
Year Built
1975
Floor Size
228m2
Land Size
1027m2
Local Government
Southern Downs Regional
Lot/Plan
1/RP93992

Last Listing description (March 2022)

This is an incredibly rare opportunity to purchase a block of four units which have a combined monthly rental of $3360 representing a yield of 6% - better than money in bank!
These units are currently not strata title however there is the opportunity to be as they are already individually metered for water and power.
But for now equals no body corporate to pay.

Situated on a 1027sqm block in an avenue position not far from Warwick's CBD.
These solid units consist of:
* Two bedroom block units;
* Separate lounge area;
* Air-conditioned:
* Lovely sunny dine-in kitchen;
* Bedrooms with built-in wardrobes;
* Refurbished bathrooms;
* Good size garage with inside laundry;
* Private courtyard area.
This represents incredible value and perfect opportunity for a very savvy investor to increase their portfolio.
It is the time to buy!

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Property History for 56 Stewart Ave, Warwick, QLD 4370

A timeline of how this property has performed in the market
Last Sold
$227,500
08 Aug 2003
Listed for Rent
$190/w
11 Feb 2015
  • 03 Aug 2021
    Listed for Sale $660,000
  • 05 Jan 2017
    Listed for Rent $200 / week
  • 05 Dec 2014
    Listed for Rent $190 / week
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About Warwick 4370

The size of Warwick is approximately 25.9 square kilometres. It has 19 parks covering nearly 7.8% of total area. The population of Warwick in 2011 was 12,357 people. By 2016 the population was 12,216 showing a population decline of 1.1% in the area during that time. The predominant age group in Warwick is 0-9 years. Households in Warwick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warwick work in a labourer occupation. In 2011, 59.7% of the homes in Warwick were owner-occupied compared with 58.3% in 2016.

Warwick has 6,796 properties. Over the last 5 years, Houses in Warwick have seen a 94.99% increase in median value, while Units have seen a 28.63% increase. As at 31 October 2024:

  • The median value for Houses in Warwick is $458,687 while the median value for Units is $347,461.
  • Houses have a median rent of $480 while Units have a median rent of $348.
There are currently 80 properties listed for sale, and 17 properties listed for rent in Warwick on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Warwick.

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