FOR SALE
$840,000 - $930,000

525 Melbourne Road
Newport VIC 3015

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 350m2
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A Renovators Delight

If you are seeking a renovation project, look no further. Offering 350m� (apptox) and tucked away in a popular street of Newport, this home is full of potential just waiting for someone ready to roll up their sleeves.
Featuring a practical layout this home features:
3 bedrooms, all with built-in robes (BIRs)
Modern kitchen with 900mm stainless steel cooking appliances
Light-filled living area
Laminated timber flooring in main living areas
Low-maintenance front and rear yards
Land size: 350m� (approx.)
Cooling and heating
Undercover pergola
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Property Details for 525 Melbourne Rd, Newport

525 Melbourne Rd, Newport is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 350m2 and floor size of 110m2. The place is currently for sale with LJ Hooker Altona North.

Building Type
House
Floor Size
110m2
Land Size
350m2

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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 14.55% increase in median value, while Units have seen a 8.96% increase. As at 31 August 2024:

  • The median value for Houses in Newport is $1,155,767 while the median value for Units is $748,351.
  • Houses have a median rent of $690 while Units have a median rent of $590.
There are currently 30 properties listed for sale, and 17 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 287 properties were sold in the past 12 months in Newport.

Suburb Insights for Newport 3015

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Lj Hooker Altona North
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LJ Hooker Altona North
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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.