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Back 28 Wallace Street
Off Market

28 Wallace Street

Newtown QLD 4350

3
1
6
1012 m²
House
Last sold for $728,000
Lindsay SouthwellLindsay Southwell, last sold this property on 10 March 2026 after 48 days on market.

Overview

Huge Potential in Newtown's Best Pocket-MUST SELL AT AUCTION-Fire Damaged Home with Huge Potential

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

Features

3 bedrooms
1 bathroom
6 carspaces
1 carport space
5 garage spaces
1012 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Newtown over the last 12 months, the estimated median property value of 28 Wallace Street is $704k.

Median value
$704k
Estimated value range
$499k - $960k
Median days on market
24
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newtown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 28 Wallace Street

2026
Sold
$728,000
10 Mar 2026 by Lindsay Southwell, of Ray White Toowoomba

Happy sellers in Newtown

98%
98% of sellers in Newtown reported that their sale price either exceeded or met their price expectations.

Newtown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Newtown over the last 12 months.

Local market activity for 3 bedroom houses in Newtown

In the last 12 months, 140 three-bedroom houses similar to 28 Wallace Street, have been sold.

This represents a 3% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Newtown

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Matt Hawkins

Sellers who recommend Matt Hawkins have praised them for being clear communication, local expert, responsive, honest, reliable, dedicated and supportive

  •   5   (382 reviews)
  •  8 Reviews in Newtown
  •  7 Sales in Newtown
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Aaron Savage

Aaron Savage is a recommended agent for Newtown.  They have 16 local sales and collected 6 local reviews across the last 12 months.

  •   5   (26 reviews)
  •  6 Reviews in Newtown
  •  16 Sales in Newtown
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Michael Brown

Sellers who recommend Michael Brown have praised them for being clear communication, local expert, honest, responsive, reliable, supportive and friendly

  •   4.9   (521 reviews)
  •  3 Reviews in Newtown
  •  10 Sales in Newtown
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Julie McCallum

Julie McCallum is a recommended agent for Newtown.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   5   (77 reviews)
  •  3 Reviews in Newtown
  •  3 Sales in Newtown
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