406 Tor St, Newtown is a 11 bedroom, 8 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 999m2 and floor size of 450m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
This 4 Unit Complex has been fully renovated to maximise the return for investors by adding an extra bedroom and ensuite to 3 of the units.
Situated in popular Newtown less than 3 Kilometres from the CDB and only a couple of minutes to Clifford Garden Shopping Centre and the Toowoomba Turf Club
All units have been refurbished including new kitchen with dishwasher and stone benchtops, new bathroom , new ensuite, new carpet and tiles. Nothing to be done.
3 Units tenanted and the 4th tenant is on their way all providing an excellent return for the savvy investor.
Unit 1
3 Bedrooms
New Kitchen
New Bathroom
New Ensuite
New Carpets & Flooring
Air-Conditioned + Fans
Single Carport
Private, Fenced Yard
Timber Deck
Double Lock Up Garage
Currently appraised at $450 per week
Unit 2
3 Bedrooms
New Kitchen, Dishwasher
New Bathroom
New Ensuite
New Carpets & Flooring
Single Carport
Private, Fenced Yard
Currently renting for $400 per week
Unit 3
3 Bedrooms
New Kitchen
New Bathroom
New Ensuite
New Carpets & Flooring
Single Carport
Private, Fenced Yard
Currently renting for $400 per week
Unit 4
2 Bedrooms
New Kitchen
New Bathroom
New Ensuite
New Carpets & Flooring
Single Carport
Private, Fenced Yard
Currently renting for $340 per week
Rates - $5,468.00 a year
Water - $2,520.00 a year
No Body Corp
Annual Return $82,680*
The size of Newtown is approximately 5.5 square kilometres. It has 15 parks covering nearly 15.4% of 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 5,406 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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