FOR SALE
$2,250,000 - $2,450,000

166-168 West Fyans Street
Newtown VIC 3220

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 1561m2
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Rare Large Development Site In Blue-Chip Newtown

Set over a large allotment of 1,561m2 (approx.) of land this prime Newtown property offers plenty of opportunity for the astute developer or builder looking for that mid-size project in Geelong's most sought-after suburb.
The site is set over two existing titles and has a frontage of 34m with a north-facing aspect and the property is perfectly orientated for townhouse development, luxury homes, medical or childcare, (STCA).
With a stunning outlook over the Barwon Valley and Balyang par-three golf course, the outlook is nothing shy of spectacular. Located in blue-chip Newtown, the lifestyle attached to this property is the best Geelong has to offer with all amenities on the doorstep including parks, golf courses, The Geelong College, St Joeph's College, Sacred Heart girls college and Geelong's best primary schools. Take a short stroll to cosmopolitan Pakington Street and enjoy the many delights on offer including cafes, restaurants and boutique shops.
- 1,561m2 (approx.)
- General residential Zone Schedule 1
- Multi townhouse development opportunity (STCA)
- Potential for new home builds
- Ideally located close to all amenities
- Perfect for the savvy developer and builder
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Property Details for 166-168 West Fyans St, Newtown

166-168 West Fyans St, Newtown is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1561m2. The place is currently for sale with McGrath Geelong | Newtown.

Building Type
House
Land Size
1561m2

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About Newtown 3220

The size of Newtown is approximately 5.8 square kilometres. It has 20 parks covering nearly 17.4% of total area. The population of Newtown in 2011 was 9,681 people. By 2016 the population was 10,154 showing a population growth of 4.9% in the area during that time. The predominant age group in Newtown is 10-19 years. Households in Newtown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 69.1% of the homes in Newtown were owner-occupied compared with 69.6% in 2016.

Newtown has 5,719 properties. Over the last 5 years, Houses in Newtown have seen a 39.03% increase in median value, while Units have seen a 17.68% increase. As at 31 October 2024:

  • The median value for Houses in Newtown is $1,200,293 while the median value for Units is $556,286.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 23 properties listed for sale, and 7 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Newtown.

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David Cortous
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Candice Costoso
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McGrath Geelong | Newtown
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