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296 Douglas Parade
Newport VIC 3015

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 518m2
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ON HOLD! Prime Development Opportunity: 296 Douglas Parade, Newport

Discover the perfect canvas for your next project at 296 Douglas Parade, Newport. Whether you're a developer or a buyer with grand visions of a custom home, this property offers unmatched potential in a highly sought-after location.
Location, Location, Location:
Exceptional Connectivity: With public transport right at your doorstep and Newport Station just a short stroll away, convenience is unparalleled. Vibrant Lifestyle: Enjoy the thriving local scene with a fitness centre, trendy cafes, and the stunning waterfront walks that make Newport and Williamstown so desirable.
Property Features:
Contemporary Kitchen: Recently updated kitchen featuring a dishwasher for modern living. Spacious and Flexible Layout: Two generously sized bedrooms, a large living and dining area, and an additional study that can serve as a third bedroom.
Outdoor Paradise: Expansive front and rear gardens offer ample space for outdoor activities, complemented by an undercover al-fresco dining area perfect for summer entertaining. Comfort and Convenience: Equipped with a gas wall heater in the lounge room, split systems for climate control, beautiful floorboards throughout, and a separate laundry and toilet.
This property is an incredible opportunity for those looking to capitalize on a prime piece of real estate. With its unbeatable location and endless possibilities, 296 Douglas Parade won't stay on the market for long. Seize the chance to create something extraordinary in one of Newport's most coveted areas. Act now and turn your vision into reality!
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Property Details for 296 Douglas Pde, Newport

296 Douglas Pde, Newport is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 518m2. The place is currently for sale with Leo Real Estate.

Building Type
House
Land Size
518m2

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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 6,438 properties. Over the last 5 years, Houses in Newport have seen a 23.51% increase in median value, while Units have seen a 16.73% increase. As at 31 July 2024:

  • The median value for Houses in Newport is $1,207,418 while the median value for Units is $738,295.
  • Houses have a median rent of $698 while Units have a median rent of $600.
There are currently 27 properties listed for sale, and 16 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in Newport.

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