SOLD
Sold on 07 Jun 2024 for $432,500

42/2 Newmarket Way
Flemington VIC 3031

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Sold By
Jellis Craig Kensington
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Property Details for 42/2 Newmarket Way, Flemington

42/2 Newmarket Way, Flemington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Flemington in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
58m2
Local Government
Moonee Valley
Lot/Plan
68/PS520422

Last Listing description (July 2024)

Soaking in streams of sunlight, this exceedingly practical residence offers stand-out space and entertaining prowess with ideal suitability for starters and investors alike. Configured for flow, function, and flexibility, a well-worked interior enjoys seamless movement between areas, with a light-filled living/dining zone and full-width entertainer's terrace providing relaxing room to unwind in the company of friends. Granite and tiled surfaces heighten the appeal of a clever kitchen, accompanied by ample cabinetry, an induction cooktop, stainless oven, and DishDrawer. With a built-in robe enhancing an impressive main bedroom, a bright guest room doubles as a superb home office, while a rain shower adorns a smart central bathroom. Additional highlights include reverse-cycle heating and cooling, secure/intercom entry, a private car space, and large storage cage. Positioned in a leafy lifestyle setting with shopping and dining just seconds away, it's a quick walk to Pin Oak Crescent and Racecourse Road's famed array of restaurants, bars, and cafes, with Newmarket Station, 57 trams, and CityLink ensuring quick access to Flemington Road hospitals, leading universities, and the bustling CBD.

Property History for 42/2 Newmarket Way, Flemington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$432,500
07 Jun 2024
Listed for Rent
$340/w
13 Apr 2022
  • 07 Jun 2024
    Sold for $432,500
  • 02 May 2024
    Listed for Sale Contact Agent
  • 31 Mar 2022
    Listed for Rent $340 / week
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About Flemington 3031

The size of Flemington is approximately 2.9 square kilometres. It has 13 parks covering nearly 5.2% of total area. The population of Flemington in 2011 was 7,528 people. By 2016 the population was 7,721 showing a population growth of 2.6% in the area during that time. The predominant age group in Flemington is 20-29 years. Households in Flemington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Flemington work in a professional occupation. In 2011, 34.5% of the homes in Flemington were owner-occupied compared with 33.4% in 2016.

Flemington has 4,876 properties. Over the last 5 years, Houses in Flemington have seen a 24.05% increase in median value, while Units have seen a 10.80% increase. As at 31 July 2024:

  • The median value for Houses in Flemington is $1,174,324 while the median value for Units is $427,686.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 13 properties listed for rent in Flemington on OnTheHouse. According to CoreLogic's data, 221 properties were sold in the past 12 months in Flemington.

Suburb Insights for Flemington 3031

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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.