Back 5/372 Tor Street
Off Market

5/372 Tor Street

Newtown QLD 4350

2
1
1
Apartment
Last sold for $175,000
Lachlan EvansLachlan Evans, last sold this property on 03 November 2022 after 50 days on market.

Overview

Bargain Basement Value!

With a VERY long term tenant in place this little cheapie is just ripe for the picking. Comprising of 2 built-in bedrooms, open plan living, dining and kitchen, shower only bathroom, separate toilet off the laundry and a single carport/garage. The unit is well back off the road ensuring the peace & privacy any resident would want. Situated within an easy drive of Wilsonton Shopping Centre, Clifford gardens and Wyalla Shopping, numerous schools, parks and sporting facilities you are well positioned to find all you need and want for day-to-day living and as a result will always be a popular rental. In short: Open plan living through to kitchen 2 built-n bedrooms, Shower only bathroom Separate toilet off laundry Single car accommodation Situated well back from the road Close to schools, shops, parks and sporting facilities Yes, this is a 'plain Jane' which could do with some updating but it has been a faithful investment over many years. The opportunity is to maintain the current tenancy and afterwards improve the return with some modest updates. The tenant has a further 6 months to run on his lease. For a private inspection please call Lachlan on 0418185220 or contact our office on 46392222.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Newtown over the last 12 months, the estimated median property value of 5/372 Tor Street is $708k.

Median value
$708k
Estimated value range
$450k - $750k
Median days on market
9
Estimated value trend
91%
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 5/372 Tor Street

2022
Sold
$175,000
Private Sale/Treaty on 03 Nov 2022 by Lachlan Evans, of McAdam and Turnbull Realty

Happy sellers in Newtown

76%
76% 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 22 reviews in Newtown over the last 12 months.

Local market activity for 2 bedroom apartments in Newtown

In the last 12 months, 9 two-bedroom apartments similar to 5/372 Tor Street, have been sold.

This represents a 125% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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