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2-4 Portarlington Road
Newcomb VIC 3219

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1475m2
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Prime Development Opportunity!

Location: Newcomb
Size: Approx 1490 m2 corner location with 2 Road access
Zoning: Applied for Car Wash and Cafe permits
Key Features:
Permits in Place: The property comes with applied permits for a car wash and cafe, saving you time and hassle in the development process.
High Traffic Area: Located in a busy commercial district, ensuring excellent visibility and foot traffic.
Versatile Use: Ideal for a car wash and cafe combo, but also suitable for other retail or service-based businesses.
Infrastructure Ready: Utilities are readily available, including water, electricity, and sewage.
Investment Potential: With the growing demand for services in the area, this is a prime opportunity for both immediate income and long-term growth.
Competitive Pricing: Priced to sell, making it an attractive option for investors or business owners.
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Property Details for 2-4 Portarlington Rd, Newcomb

Building Type
Land
Land Size
1475m2

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About Newcomb 3219

The size of Newcomb is approximately 3.6 square kilometres. It has 8 parks covering nearly 2.1% of total area. The population of Newcomb in 2011 was 4,519 people. By 2016 the population was 4,490 showing a population decline of 0.6% in the area during that time. The predominant age group in Newcomb is 20-29 years. Households in Newcomb are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newcomb work in a trades occupation. In 2011, 65.2% of the homes in Newcomb were owner-occupied compared with 59% in 2016.

Newcomb has 2,842 properties. Over the last 5 years, Houses in Newcomb have seen a 32.23% increase in median value, while Units have seen a 28.45% increase. As at 30 September 2024:

  • The median value for Houses in Newcomb is $596,285 while the median value for Units is $437,764.
  • Houses have a median rent of $440 while Units have a median rent of $385.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Newcomb on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Newcomb.

Suburb Insights for Newcomb 3219

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Bhupinder Singh
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Hiren Luhar
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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.