5/38 Newstead StreetMaribyrnong VIC 3032
Property Details for 5/38 Newstead St, Maribyrnong
5/38 Newstead St, Maribyrnong is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 846m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Maribyrnong in the last 12 months.
Last Listing description (July 2024)
Affordable entry into a rare riverside locale
In a block of eight adjacent to the open spaces of Coulson Gardens, this upstairs apartment presents a value-packed lifestyle or investment opportunity with terrific renovation potential and an abundance of natural light.
Well-presented throughout, the apartment's original interior comprises a good-sized bedroom with built-in robes serviced by a neat ensuite bathroom.
Add to this an open living/meals area and adjoining kitchen, plus a leafy outlook from each window, residents' laundry facilities and off-street parking space.
Moments from endless trails along the Maribyrnong River, it's also walking distance to Raleigh Road trams, as well as easy access to local schools, Highpoint Shopping Centre and Maribyrnong Aquatic Centre.
Property History for 5/38 Newstead St, Maribyrnong, VIC 3032
- 04 Jul 2024Sold for $225,000
- 09 Jun 2024Listed for Sale EOI $235,000 - $255,000
- 15 Mar 2024Listed for Sale EOI $255,000 - $280,000
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About Maribyrnong 3032
The size of Maribyrnong is approximately 5.5 square kilometres. It has 31 parks covering nearly 17% of total area. The population of Maribyrnong in 2011 was 10,164 people. By 2016 the population was 12,214 showing a population growth of 20.2% in the area during that time. The predominant age group in Maribyrnong is 20-29 years. Households in Maribyrnong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maribyrnong work in a professional occupation. In 2011, 66.4% of the homes in Maribyrnong were owner-occupied compared with 57.6% in 2016.
Maribyrnong has 7,610 properties. Over the last 5 years, Houses in Maribyrnong have seen a 27.12% increase in median value, while Units have seen a 5.10% increase. As at 31 July 2024:
- The median value for Houses in Maribyrnong is $1,237,693 while the median value for Units is $524,408.
- Houses have a median rent of $650 while Units have a median rent of $500.
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