FOR SALE
$1,700,000 - $1,800,000

43 Oakbank Street
Newport VIC 3015

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 582m2
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Sale By Set Date - Closing Thurs 21st of November at 5:30pm

Vibrancy, Vitality And Ultimate Versatility
The most adaptable address, featuring two entirely self-contained living/dining domains, this uniquely flexible home of up to five bedrooms and three bathrooms creates a superb opportunity in an ideal setting where upstairs views stretch across the water to St Kilda.
• Huge five bedroom, three bathroom family home
• Split residences offering a dual income opportunity
• Front property comprised of three bedrooms and one bathroom
• Rear property comprised of two bedrooms and two bathrooms
• Exceptional investment potential, outstanding upside
• Approved plans and permits for a Tina Lindner designed home
• Substantial land size of approximately 582sqm
• Close to Douglas Parade, The Strand and all Williamstown has to offer
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Property Details for 43 Oakbank St, Newport

43 Oakbank St, Newport is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 582m2. The place is currently for sale with Ray White Williamstown.

Building Type
House
Land Size
582m2

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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 6,493 properties. Over the last 5 years, Houses in Newport have seen a 7.15% increase in median value, while Units have seen a 6.54% increase. As at 31 October 2024:

  • The median value for Houses in Newport is $1,155,480 while the median value for Units is $761,393.
  • Houses have a median rent of $693 while Units have a median rent of $600.
There are currently 50 properties listed for sale, and 12 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 282 properties were sold in the past 12 months in Newport.

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Joanne Royston
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Lewis Perso
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Ray White Williamstown
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