3/138 Hill StreetNewtown QLD 4350
Property Details for 3/138 Hill St, Newtown
3/138 Hill St, Newtown is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 103m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (April 2025)
Presenting a breezy and light filled urban retreat just on the outskirts of Toowoomba's vibrant CBD, this character styled unit complex blends into the natural streetscape paying respect to local area heritage. Originally built in 2017 by local builder Peter Schriek, this beautifully finished unit is an exceptional readymade opportunity designed to impress. Investors, not only will you and your accountant appreciate all the taxation benefits of a young modern property but you can also buy with confidence knowing there is a quality tenant in place with a fixed lease through until May 2024.
Featuring open plan living awash with an abundance of natural light, the beautifully presented, functional layout integrates quality finishes and stylish appointments to create an enviable cosmopolitan lifestyle. An impressive kitchen equipped with quality appliances is a culinary delight finished with Caesar stone benchtops. Open plan living connect seamlessly with outside setting the tone for distinctive outdoor entertaining.
Offering you complete privacy with 2 built-in bedrooms, 2 bathrooms including master with ensuite plus comprehensive extras including reverse cycle air-conditioning and remote single lock-up garage.
Buy this with absolute confidence, so here are the numbers
Current rental return of $330 per week, increased to $340 per week as of the 12th November 2023 through until the lease end date of 10th May 2024. Leased to private organisation with great potential to extend for a further term.
Body Corporate is very reasonable currently $472.50 net per quarter
Land Rates are currently $1,061.88 net per half
Water Access Rates are currently $314.59 net per half
Property History for 3/138 Hill St, Newtown, QLD 4350
- 02 Apr 2024Listed for Rent $420 / week
- 27 Jun 2023Listed for Sale Offers Over $325,000
- 19 May 2023Sold for $332,500
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 5,436 properties. Over the last 5 years, Houses in Newtown have seen a 121.02% increase in median value, while Units have seen a 143.20% increase. As at 31 July 2026:
- The median value for Houses in Newtown is $762,084 while the median value for Units is $625,250.
- Houses have a median rent of $550 while Units have a median rent of $450.
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