Newtown at a glance
10,761
People
$741,250
Median sale
$487/wk
Median rent
3.42%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
QLD › Newtown › Wallace St
$529,000
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
136 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$529,000
Asking · $3,890/m² of land
No recorded sale for this property.
Newtown at a glance
10,761
People
$741,250
Median sale
$487/wk
Median rent
3.42%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Vs Newtown
-28.6%
Median sale
Suburb $741,250
+1.37 pp
Gross yield
Suburb 3.42%
Suburb median $741,250 from 104 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$22,518 on top of the price (4.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Newtown's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $487/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 4.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Newtown at a glance
10,761
People
$741,250
Median sale
$487/wk
Median rent
3.42%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by QLD Hot PropertyPresenting a fantastic opportunity for owner-occupiers or investors, this well-positioned two-bedroom unit offers comfortable, low-maintenance living within a quiet complex of five units. Featuring two bedrooms with built-in robes, an open-plan living area, a practical kitchen with fantastic storage, a separate toilet and an internal laundry, the property provides a functional layout for everyday living.
Stepping inside, you are welcomed by beautiful timber floorboards and an appealing, well-designed and spacious living area, presenting multiple opportunities for entertaining. For added comfort and convenience, the living area features air conditioning, making it the ideal hub of the home. The modern, freshly renovated kitchen features an oven, dishwasher, sleek finishes and a pantry, providing great storage space.
Down the hallway are two well-sized bedrooms, both featuring built-in robes and carpeted floors. The main bedroom provides additional comfort with an easy-to-control ceiling fan and a well-positioned window that fills the room with natural sunlight. The unit is completed by a well-kept and modern bathroom, featuring a vanity with storage, shower and a separate toilet.
This generous 136m² low-maintenance property also includes a single lock-up garage, providing secure parking and additional convenience. With its peaceful complex, practical features and low-maintenance appeal, this property is an excellent opportunity for those looking to enter the market, downsize or expand their investment portfolio.
The Unit:
- Year built: 1981
- Two bedrooms with built-in robes
- Modern kitchen with ample storage
- Air conditioning
- Separate toilet
- Open-plan living area
- Internal laundry
- Single lock-up garage
- Ideal for owner-occupiers or investors
The Complex:
- Quiet five-unit complex
- Low-maintenance 136m² allotment
The Location:
4 min (1.5 km) drive to Toowoomba CBD
1 min (350 m) drive to Newtown State School
7 min (3 km) drive to Harristown State High School
3 min (1.2 km) drive to Queensland State Rose Garden
3 min (1.4 km) drive to Clifford Gardens Shopping Centre
8 min (2.8 km) drive to Toowoomba Base Hospital
SCHOOLS: This property falls within the school catchment areas for Newtown State School and Harristown State High School.
General Rates: $1,341.01 half-yearly approx.
Water Access: $397.27 net half-yearly approx.
To arrange an inspection or learn more, contact Aaron Savage on 0417 037 460.
Listing description written by Aaron Savage, QLD Hot Property — reproduced as published, not verified by Districts.