28 Wallace Street, Newtown, QLD 4350 sold on 11 March 2026 | OnTheHouse
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Sold on 11 Mar 2026 - Price Unavailable

28 Wallace Street
Newtown QLD 4350

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Land area: 1012m2
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Property Details for 28 Wallace St, Newtown

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.

Building Type
House
Land Size
1012m2

Last Listing description (March 2026)

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.

Key Highlights:

• Fire-damaged home with opportunity for major renovation or rebuild
• Near-flat, gently sloping block
• 1012 m2 (approx.) of prime land
• Two large sheds, ideal for storage or workshop space
• Fantastic location in sought-after Newtown
• Ideal for builders, developers, or investors
• Concept plans available
• Close to schools, shops, and parks
• Bring your vision and transform this property into something truly special.

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

Property History for 28 Wallace St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
11 Mar 2026
  • 11 Mar 2026
    Sold for $728,000
  • 21 Jan 2026
    Listed for Sale Auction at Ray White Toowoomba
  • 04 Sep 2025
    Sold for $553,500
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About Newtown 4350

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:

  • The median value for Houses in Newtown is $753,125 while the median value for Units is $642,624.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 32 properties listed for sale, and 17 properties listed for rent in Newtown on OnTheHouse. According to Cotality's data, 285 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 4350

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Contact agent
agent headshot
Lindsay Southwell
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Ray White Toowoomba
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.