FOR SALE
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4/9 Foamcrest Avenue
Newport NSW 2106

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 63m2
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Light-filled Office space in the heart of Newport

This creative office space is situated in the heart of Newport in the Newport Professional Centre. Current rental return of $600 per week.
Features include:
- Mezzanine level
- Two secure parking spaces
- As new carpet throughout
- Air conditioning
- Spacious balcony with leafy outlook
- Close to public transport and shops
- North facing
- First level security building
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Property Details for 4/9 Foamcrest Ave, Newport

Building Type
Commercial
Floor Size
63m2

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About Newport 2106

The size of Newport is approximately 3.8 square kilometres. It has 21 parks covering nearly 9.6% of total area. The population of Newport in 2011 was 9,036 people. By 2016 the population was 9,302 showing a population growth of 2.9% in the area during that time. The predominant age group in Newport is 50-59 years. Households in Newport are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newport work in a professional occupation. In 2011, 72.5% of the homes in Newport were owner-occupied compared with 74.2% in 2016.

Newport has 4,526 properties. Over the last 5 years, Houses in Newport have seen a 67.20% increase in median value, while Units have seen a 33.25% increase. As at 31 July 2024:

  • The median value for Houses in Newport is $2,689,325 while the median value for Units is $1,215,067.
  • Houses have a median rent of $1,250 while Units have a median rent of $725.
There are currently 30 properties listed for sale, and 17 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 183 properties were sold in the past 12 months in Newport.

Suburb Insights for Newport 2106

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Claudio Marcolongo
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Olivia Broomhead
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LJ Hooker Avalon Beach
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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.