287 James StreetNewtown QLD 4350
Property Details for 287 James St, Newtown
287 James St, Newtown is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1930. The property has a land size of 857m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (August 2019)
Bursting with an unlimited amount of potential is an opportunity that all astute investors should stand up & take serious note of! 287 James Street is a unique property zoned 'Low-Medium Density Residential' and is Easement Free combining 3 occupancies on one title returning a phenomenal 7% rental yield! All three tenancies are on fixed leases for 12 months! Situated in a busy precinct within a short walk to the local Toowoomba Base Hospital and the Toowoomba CBD the location is ideal.
With an interstate investor ready to consider all reasonable offers - make your inspection a must!
Each of the three occupancies combines a thoughtful and functional layout with each of them having undergone partial renovations over time which is reflected in their rental returns.
Occupancy 2 - 1 bedroom, 1 bathroom, 1 kitchen, 1 car accommodation - $150 per week
Occupancy 3 - 1 bedroom, 1 bathroom, 1 kitchen - $260 per week - fully furnished 'walk in walk outnWith the Second Range Crossing in the final stages of completion - traffic of James Street will soon become minimal making this an ideal opportunity to capitalise on!
Property History for 287 James St, Newtown, QLD 4350
- 08 Sep 2022Sold for $600,000
- 07 Oct 2019Sold for $320,000
- 04 Apr 2019Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 5,416 properties. Over the last 5 years, Houses in Newtown have seen a 131.09% increase in median value, while Units have seen a 150.46% increase. As at 31 May 2026:
- The median value for Houses in Newtown is $769,778 while the median value for Units is $647,534.
- Houses have a median rent of $540 while Units have a median rent of $450.
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