Back 3 Foster Street
Off Market

3 Foster Street

Newmarket QLD 4051

3
1
810 m²
House
Last sold for $1,425,000
Adam DownesAdam Downes, last sold this property on 03 June 2022 after 36 days on market.

Overview

Character home on 810sqm - approval to demolish

Occupying a coveted double block, this property is ready for its next chapter. Currently, the 3 bedroom character home has been deemed structurally unsound allowing for numerous options - knockdown and rebuild a new house, restore to its' former charm or take advantage of the low medium density zoning to develop or sub-divide (all subject to council approval) - an amazing opportunity for the savvy purchaser. Capitalise on this 810sqm block in one of Newmarket's most convenient locations - a flat walk to the shops with cinema and Coles, city bus, parks and sporting facilities with easy access to train and only 5km to the city CBD. • Original Queenslander with identified structural issues (deemed unsound) • Character home with high ceilings, VJ panelling, stained glass windows • 3 bedrooms with lounge, eat in kitchen, bathroom, set high on the block • Scope to create a fantastic family home with wraparound front verandah • Concrete driveway and garage pad already in place, gently sloping, fenced • Council approval already in place to demolish house (subject to conditions) • 810sqm (double block) over two separate lots with a wide 20 metre frontage • Low-medium density residential zoning allows for a number of options (STCA) • Quiet street, surrounded by character homes, modern houses, townhouses • Parks, sporting fields and Enoggera Creek bikeway only moments away • Newmarket State School and Kelvin Grove College catchments Due to the current condition of the house, internal inspections will not be permitted during open homes.

Features

3 bedrooms
1 bathroom
810 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Newmarket over the last 12 months, the estimated median property value of 3 Foster Street is $1.51m.

Median value
$1.51m
Estimated value range
$1.19m - $2.05m
Median days on market
19
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newmarket. 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 3 Foster Street

2022
Sold
$1,425,000
03 Jun 2022 by Adam Downes, of Ray White Ashgrove

Happy sellers in Newmarket

93%
93% of sellers in Newmarket reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Newmarket over the last 12 months.

Local market activity for 3 bedroom houses in Newmarket

In the last 12 months, 21 three-bedroom houses similar to 3 Foster Street, have been sold.

This represents a 5% decrease in three-bedroom houses sales when compared to the previous 12 months.

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