3/21 Gordon Avenue, Newtown QLD 4350
3/21 Gordon Avenue, Newtown QLD 4350
2 bed unit | 105 m² lot | ~$687K value | ~$525/wk rent | school catchment | 5G
This unit offers a compact, low-maintenance footprint that suits first-home buyers, downsizers, and investors alike. Its two-bedroom, two-bathroom layout with a single car space is practical for couples or small households, and the estimated rent of $525 per week suggests steady tenant demand. Positioned in an established suburb with convenient access to schools, shopping, and the CBD, the property benefits from a mixed streetscape where older houses and newer unit infill coexist. The absence of flood, bushfire, or heritage overlays reduces regulatory friction, making it a straightforward purchase. School catchment to Newtown State School and Wilsonton State High School adds family appeal, though the lack of build year or floor level means the unit’s condition and presentation will heavily influence its final appeal.
Value may hinge on the unit’s internal condition, floor level, and orientation, as these factors are not confirmed. Strata fees and common-area upkeep could affect ongoing costs, and the 105 m² lot is small, limiting land-value upside. The newer unit complex nearby suggests quality infill is possible, but older stock on the street may cap price growth. Buyers should weigh the convenience and rental yield against potential renovation needs or strata levies when forming a price view.
|| Comparable Sales: 45 Gordon Avenue sold Nov 2022; 57 Gordon Avenue sold 2021 | Property Price Band: $650K–$750K | Value Drivers: condition, floor level, presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 3/21 Gordon Avenue, Newtown QLD 4350
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Newtown is a sought-after inner-city suburb offering walkable access to Toowoomba’s CBD, characterised by its leafy streetscapes and historic charm. Demand is driven by a mix of young professionals, singles, and families seeking entry-level opportunities and a vibrant, convenient lifestyle. The market exhibits strong recent price growth across both houses and units, with conditions remaining tight due to low supply and a competitive rental market. Future growth is anchored in its enduring appeal and proximity to amenities, though continued price pressures and limited listings present key constraints for buyers and investors.
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PropCred Estimated Value
Comparable Sales: 45 Gordon Avenue sold Nov 2022; 57 Gordon Avenue sold 2021 | Property Price Band: $650K–$750K | Value Drivers: condition, floor level, presentation
Bedrooms
2
Bathroom
2
Parking
1
Land
105m²
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