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Sold on 01 Aug 2024 for $1,320,000

57 Oakbank Street
Newport VIC 3015

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Property Details for 57 Oakbank St, Newport

57 Oakbank St, Newport is a 3 bedroom, 2 bathroom House. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Newport in the last 12 months.

Building Type
House
Local Government
Hobsons Bay
Lot/Plan
1/TP299604

Last Listing description (August 2024)

This charming property boasts a gated front yard with manicured gardens and a covered front porch, perfect for enjoying the outdoors. Upon entry, you'll be greeted by high ceilings and Baltic pine flooring that enhance the sense of space and warmth.

The ground floor features two bedrooms, including a master with a walk-in wardrobe, split system and direct access to the central bathroom, complete with a spa and shower, and a separate laundry.

The large, open living and dining room is flooded with natural light and offers split system heating and cooling. The modern, well-crafted kitchen is equipped with a gas stove top and granite benchtops, ideal for culinary enthusiasts.

Ascend the architectural spiral staircase to the unique second level, where you'll find a retreat area complete with a split system and an additional bedroom suite with a bathroom. The upper level also boasts a balcony with city views, providing a serene spot to unwind. This space adds to the home's versatility and charm.

The property continues to impress with a paved and terraced covered verandah in the backyard, perfect for outdoor activities and entertaining. A small shed provides additional storage space.

This home seamlessly combines elegance, comfort, and practicality, making it an ideal choice for families.

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Property History for 57 Oakbank St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$1,320,000
01 Aug 2024
  • 01 Aug 2024
    Sold for $1,320,000
  • 18 Jul 2024
    Listed for Sale UNDER OFFER
  • 26 Apr 1997
    Sold for $161,000
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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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