SOLD
Sold on 29 Feb 2024 for $1,800,000

4 Virginia Road
Newton SA 5074

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1086m2
Land area: 2004m2
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Property Details for 4 Virginia Rd, Newton

Building Type
Commercial
Floor Size
1086m2
Land Size
2004m2
Local Government
Campbelltown
Lot/Plan
A5/D10295

Last Listing description (August 2016)

- Site Area: 2056m2
- Building Area: 484m2
- Storage Yard: 1028m2

- Currently a crash repairer, suitable for warehouse and office
- Warehouse has high clearance span throughout with access at rear
- Separate storage yard currently tenanted on a periodic lease
- 3 phase power
- Well presented offices, kitchen/lunch room and separate amenities
- Completely gated building with alarms
- Solar panel system
- Fully hardstand driveway and car park
- Zoned Light Industry City of Campbelltown
A property to rent out, work from, develop and prosper. A once in a lifetime opportunity in this landmark location.
(You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.)

Property History for 4 Virginia Rd, Newton, SA 5074

A timeline of how this property has performed in the market
Last Sold
$1,800,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $1,800,000
  • 29 Jul 2016
    Sold for $1,457,500
  • 07 Mar 2016
    Listed for Sale Not Disclosed

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About Newton 5074

The size of Newton is approximately 2.2 square kilometres. It has 13 parks covering nearly 6.6% of total area. The population of Newton in 2011 was 4,665 people. By 2016 the population was 4,786 showing a population growth of 2.6% in the area during that time. The predominant age group in Newton is 40-49 years. Households in Newton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newton work in a professional occupation. In 2011, 71.4% of the homes in Newton were owner-occupied compared with 70.6% in 2016.

Newton has 2,695 properties. Over the last 5 years, Houses in Newton have seen a 80.02% increase in median value, while Units have seen a 76.32% increase. As at 30 September 2024:

  • The median value for Houses in Newton is $927,162 while the median value for Units is $568,402.
  • Houses have a median rent of $600 while Units have a median rent of $598.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Newton on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Newton.

Suburb Insights for Newton 5074

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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.