2/79 Vacy St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 84m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Positioned in a quiet complex of 6, this low maintenance partially furnished unit is conveniently located within walking distance to Clifford Gardens Shopping Centre and Glennie School, along with an abundance of cafs & parklands.
Upon entering the unit you will be welcomed by the air conditioned, carpeted living & dining area which adjoins the functional kitchen, complete with electric cooking & a new dishwasher. Both bedrooms offer built in cupboards & ceiling fans, with the primary room of generous size and both complimented by a convenient main bathroom. A single lock up garage offers internal access, security screens have been fitted throughout and the property also boasts a private grassed courtyard.
The property offers partial furnishings including a TV & cabinet, dining table & chairs, fridge, microwave, various kitchen utensils & washing machine.
With an excellent tenant in place until December 2023, the property offers a set & forget investment with an ideal current yield of 6.9%.
At a Glance:
2 bedrooms with built in cupboards & ceiling fans
Electric cooking in the kitchen with new dishwasher
Air conditioned living area with ceiling fan
Security screens on doors and some windows
Single lock up garage with internal access
Private courtyard
Walk to Clifford Gardens Shopping Centre & Glennie School
Partly furnished
Currently tenanted for $320 per week until 15th December 2023
6.9% return
Body Corporate Rates - $505 per quarter
General Rates - Approx. $1144.70 net per half year
Water Access - Approx. $314.95 net per half year
The size of Newtown is approximately 5.5 square kilometres. There are 15 parks, covering nearly 15.4% of the total area. The population of Newtown in 2016 was 9596 people. By 2021 the population was 10039 showing a population growth of 4.6% 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 professional occupation.In 2021, 50.30% of the homes in Newtown were owner-occupied compared with 52.30% in 2016.
Newtown has 5,410 properties. Over the last 5 years, Houses in Newtown have seen a 127.61% increase in median value, while Units have seen a 152.64% increase. As at 30 April 2026:
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