SOLD
RECENT ADVICE
Sold on 21 Feb 2024 for $360,000

1/3 Morpeth Street
Newcomb VIC 3219

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/3 Morpeth St, Newcomb

1/3 Morpeth St, Newcomb is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Newcomb in the last 12 months.

Building Type
Unit
Local Government
Greater Geelong
Lot/Plan
1/RP8364

Last Listing description (February 2024)

Perfectly placed to take advantage of a most central location, close by to the village centre, Geelong CBD, Bellarine Peninsula and the Surfcoast, this low maintenance two bedroom unit is an optimal choice for downsizers and investors alike. Settled into a private court with no through traffic, this peaceful position will make you forget you are within walking distance to a plethora of retail shops, practical assets and a smorgasbord of dining experiences.

The fully renovated interior is a breath of fresh air upon entry, with lush new carpets underfoot, crisp paint throughout in a neutral colourway; and updated fixtures and fittings. The newly completed kitchen features hybrid timber benchtops, quality cabinetry, 600mm upright stove, dual stainless steel sinks and pleasing outlooks across the secure paved courtyard. A combined laundry/bathroom hosts modern amenities with full accessibility.


A shared living and meals area is the ideal zone to sit back and unwind, with cohesive access through to the rear porch and compact courtyard for further relaxation. Secured on all sides and with side gated access to your spacious front yard, complete with Citrus trees and grassy lawns for outdoor enjoyment. Both bedrooms are beautifully fresh and filled with natural light, the larger of the two with a well fitted built in robe.

Additional assets include hybrid timber floors to the kitchen, reverse cycle air conditioning, single carport to the rear with storage facility, secluded front entry and ceiling fans. All common grounds are maintained by the Body Corporate, further assisting you in a low fuss lifestyle. With its low maintenance qualities, quiet location and close proximity to all local assets, this property presents as an ideal investment with potential rental income, the perfect downsize or a fantastic entry point into a growing market.

Property History for 1/3 Morpeth St, Newcomb, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$360,000
21 Feb 2024
  • 21 Feb 2024
    Sold for $360,000
  • 18 Jan 2024
    Listed for Sale $340,000 - $370,000
  • 24 May 1996
    Sold for $56,000
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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 2,835 properties. Over the last 5 years, Houses in Newcomb have seen a 32.65% increase in median value, while Units have seen a 27.37% increase. As at 31 July 2024:

  • The median value for Houses in Newcomb is $594,298 while the median value for Units is $445,582.
  • Houses have a median rent of $430 while Units have a median rent of $400.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Newcomb on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Newcomb.

Suburb Insights for Newcomb 3219

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Lee Botsios
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Ben Wallis
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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.