1/25 Boundary RoadNewcomb VIC 3219
Property Details for 1/25 Boundary Rd, Newcomb
1/25 Boundary Rd, Newcomb is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 108m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in December 2018.
Last Listing description (January 2019)
Ideal Investment, Ideal Location
This tidy yet original unit is conveniently located near multiple shopping centres, schools and just minutes from the botanical gardens, waterfront and CBD. With a long term, secure tenant in place this is the ideal investment opportunity. Comprising 2 good sized bedrooms of which one has built in robe and central bathroom with separate toilet. The kitchen provides ample storage and electric cooking adjoining a spacious living/dining area. Reverse cycling cooling and heating system provide year round comfort. There is a low maintenance courtyard, single lock up garage and great tenant who would like to stay on. With ample scope to add value to this property by adding your own touches this is a brilliant opportunity for investors to add to your property portfolio and first home buyers alike. If this property sounds appealing, book in now for your private inspection.
Property History for 1/25 Boundary Rd, Newcomb, VIC 3219
- 15 Dec 2018Sold for $280,000
- 06 Dec 2018Listed for Sale $270,000 - $280,000
- 27 Jul 2009Sold for $189,000
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About Newcomb 3219
The size of Newcomb is approximately 3.6 square kilometres. It has 8 parks covering nearly 2.1% of total area. The population of Newcomb in 2011 was 4,519 people. By 2016 the population was 4,490 showing a population decline of 0.6% in the area during that time. The predominant age group in Newcomb is 20-29 years. Households in Newcomb are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newcomb work in a trades occupation. In 2011, 65.2% of the homes in Newcomb were owner-occupied compared with 59% in 2016.
Newcomb has 2,809 properties. Over the last 5 years, Houses in Newcomb have seen a 30.54% increase in median value, while Units have seen a 23.18% increase. As at 31 October 2024:
- The median value for Houses in Newcomb is $592,983 while the median value for Units is $436,271.
- Houses have a median rent of $440 while Units have a median rent of $400.
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