FOR SALE
$1,450,000

65 Schutt Street
Newport VIC 3015

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 735m2
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Renovate or Re-Build

A dream opportunity awaits you here! This is an outstanding opportunity to secure a home site in a prime Newport location.
Building permits have already been approved for 2 side by side townhouses and to create two superb 4 bedrooms, 3 bathrooms and 2 car garage with access at the rear.
**Buyers to do their own due diligence for permits**
A wonderfully spacious open-plan living and alfresco entertaining – all the prep work has been done for you!
All plans are approved and stamped.
• Area Schedule Dwelling 1. Total Area: 329.2m2*
• Area Schedule Dwelling 2. Total Area: 335.5m2*
• Easy CBD access by road or rail - Newport Train Station just a ten-minute* walk from home
Imagine a perfect home setup where the kitchen seamlessly flows into a cozy dining area that overlooks a spacious backyard, ideal for hosting gatherings and outdoor entertainment. This space offers a retreat within the home, perfect for unwinding after a long day, watching movies with loved ones or simply enjoying quiet moments alone.
Transform the existing home into your forever sanctuary by incorporating a pool and creating a spacious backyard with endless opportunities for expansion.
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Property Details for 65 Schutt St, Newport

65 Schutt St, Newport is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 735m2. The place is currently for sale with Jas H Stephens Real Estate.

Building Type
House
Land Size
735m2

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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 6,431 properties. Over the last 5 years, Houses in Newport have seen a 8.76% increase in median value, while Units have seen a 5.72% increase. As at 30 September 2024:

  • The median value for Houses in Newport is $1,166,295 while the median value for Units is $725,682.
  • Houses have a median rent of $690 while Units have a median rent of $600.
There are currently 53 properties listed for sale, and 11 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Newport.

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Elise Nemer
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Tate Moore
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Jas H Stephens Real Estate
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