28 Wallace St, Newtown is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Newtown in the last 12 months.
Discover huge potential in this prime Newtown location. While the home has suffered some fire damage - including the bathroom being fully affected - the property is ripe for renovation or redevelopment. The rear of the home is still in salvageable condition, offering a solid starting point for your vision.
Set on a substantial 1,012 m2 block, with two large sheds (approx. 6-car accommodation), this blank canvas is perfect for builders, investors or buyers looking to create their dream home. Positioned in a peaceful street surrounded by established homes, and close to schools, shops, and parks, this is a rare opportunity to capitalize on land value in a thriving growth corridor. Concept plans are available to help shape your next move.
Rates Approximately $1,734.01 per half year
Water Access Rates Approximately $377.41 per half year
AUCTION DETAILS:
17th February 2026 from 6.00pm
Ray White Toowoomba, 580 Ruthven Street
Can't attend in person? Watch the auction online!
https://raywhitetoowoomba.com/watch-our-auctions-live
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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