OFF MARKET

203/342 Melbourne Road
Newport VIC 3015

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
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Property Details for 203/342 Melbourne Rd, Newport

203/342 Melbourne Rd, Newport is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Floor Size
70m2
Local Government
Hobsons Bay
Lot/Plan
203/PS721131

Last Listing description (December 2024)

Welcome to this stunning residential apartment with city views to match! Located at 203/342 Melbourne Road, this modern home features two generously sized bedrooms and two well-appointed bathrooms, making it perfect for both families and professionals alike. Enjoy the convenience of a secure single car space, ensuring easy access to your vehicle whenever you need it.

Step inside and be greeted by an open-plan living area that seamlessly integrates the kitchen, dining, lounge, and large balcony spaces. The contemporary design is complemented by ample natural light, creating a warm and inviting atmosphere. The sleek kitchen is equipped with modern appliances, perfect for whipping up gourmet meals or entertaining guests.

This apartment is securely accessed via video entry, and features cage storage, plus split system heating and air-conditioning.

Situated in a vibrant community, this apartment offers easy access to local amenities, parks, and public transport. Whether you're looking to enjoy a leisurely stroll along the waterfront or explore the nearby cafes and shops, this location has it all. Don't miss the opportunity to make this exceptional property your new home!

Please Note: Rent is calculated and paid monthly, not weekly.

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Property History for 203/342 Melbourne Rd, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$570,000
19 Dec 2022
Listed for Rent
$500/w
06 Feb 2023
  • 03 Dec 2024
    Listed for Rent $530 / week
  • 18 Oct 2024
    Listed for Sale $495,000 - $540,000
  • 06 Feb 2023
    Listed for Rent $500 / week
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About Newport 3015

The size of Newport is approximately 5.2 square kilometres. It has 22 parks covering nearly 15.4% of total area. The population of Newport in 2011 was 11,987 people. By 2016 the population was 12,913 showing a population growth of 7.7% in the area during that time. The predominant age group in Newport is 40-49 years. Households in Newport are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newport work in a professional occupation. In 2011, 70.7% of the homes in Newport were owner-occupied compared with 69.2% in 2016.

Newport has 6,504 properties. Over the last 5 years, Houses in Newport have seen a 11.32% increase in median value, while Units have seen a 8.78% increase. As at 30 November 2024:

  • The median value for Houses in Newport is $1,173,436 while the median value for Units is $762,423.
  • Houses have a median rent of $690 while Units have a median rent of $600.
There are currently 39 properties listed for sale, and 12 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 293 properties were sold in the past 12 months in Newport.

Suburb Insights for Newport 3015

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.