OFF MARKET

1/29-31 Boundary Road
Newcomb VIC 3219

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 85m2
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Property Details for 1/29-31 Boundary Rd, Newcomb

1/29-31 Boundary Rd, Newcomb is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 85m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
1980
Floor Size
67m2
Land Size
85m2
Local Government
Greater Geelong
Lot/Plan
1/RP8734

Last Listing description (September 2021)

If you are an investor and ready to add to your portfolio and have it positively geared; then this one is for you. An annual return of $14,040.00 and with a long-term tenant, this 2-bedroom cosy unit is ready to go. Master includes built-in robe along with ceiling fan. Open living/dining area, with gas wall heating and ceiling fan in living room. Kitchen consists of of gas upright oven and plenty of cupboard space leading out to a paved outdoor courtyard area. Add to this single lock-up garage and walking distance to all that Newcomb has to offer. Bellarine Village & Newcomb Central Shopping Centres, local shops, Eastern Gardens and the East Geelong Golf Club, Public Transport, and the South Geelong Train Station only 5 mins away. A must inspection if you are looking for something on the fringe of East Geelong but not with East Geelong pricing.

Property History for 1/29-31 Boundary Rd, Newcomb, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$320,000
03 Mar 2021
Listed for Rent
$230/w
05 Apr 2011
  • 03 Mar 2021
    Sold for $320,000
  • 27 Jul 2020
    Listed for Sale $305,000 - $335,000
  • 30 May 2016
    Sold for $210,000
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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 2,808 properties. Over the last 5 years, Houses in Newcomb have seen a 32.23% increase in median value, while Units have seen a 28.45% increase. As at 30 September 2024:

  • The median value for Houses in Newcomb is $596,285 while the median value for Units is $437,764.
  • Houses have a median rent of $440 while Units have a median rent of $385.
There are currently 7 properties listed for sale, and 9 properties listed for rent in Newcomb on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Newcomb.

Suburb Insights for Newcomb 3219

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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.