7 Monash StreetNewtown QLD 4350
Property Details for 7 Monash St, Newtown
7 Monash St, Newtown is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1935. The property has a land size of 400m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (July 2021)
Investors want three things when they buy an investment property. They want an excellent rental return, they want a great tenant in place who keeps the place clean and tidy and they want a long-term lease in place. This property ticks all of those boxes.
The location is a bonus and now is the time to invest in Toowoomba while interest rates are low and prices are extremely affordable. This house is close to the Wilsonton shopping centre, St Andrews Hospital and both primary and high schools making it perfect for any tenant.
This property has many features, which include the following:
- 3 bedrooms, 2 doubles and 1 single
- Spacious separate lounge room
- Huge rumpus room
- Modern kitchen with dishwasher and s/steel electric cook top and oven
- Updated bathroom with shower over bath
- 2 toilets
- Inside laundry
- Internal paint and floor coverings in excellent condition
- Gas points for heating
- Ceiling fans
- Reverse cycle air conditioner
- Fully fenced 400m2 block and land zoned with potential to build a dual duplex subject to council approval
- Single carport
- Rates: $1034.34 nett year & $304.59 water connection fee
Currently rented at $328.00 per week until 11th November 2022 (rent to rise every 12 months or the term of the lease by a minimum of 3% from February 2019 to allow for CPI increases)
Tenant has been living in the home for 5 years and loves the house and the area/location. This is a no brainer for the astute investor for the growth suburb of Newtown.
No open houses so all Scott or John to arrange a private inspection. Remember we need to allow at least 24 hours' notice for the tenant
Property History for 7 Monash St, Newtown, QLD 4350
- 05 Jul 2021Sold for $280,000
- 11 Oct 2019Sold for $253,000
- 15 Dec 2018Listed for Sale $249,000 PLUS
Recent sales nearby
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0About Newtown 4350
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:
- 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.
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