OFF MARKET

1/7 Lancaster Avenue
Newcomb VIC 3219

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 125m2
Land area: 312m2
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Property Details for 1/7 Lancaster Ave, Newcomb

1/7 Lancaster Ave, Newcomb is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1975. The property has a land size of 312m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Townhouse
Year Built
1975
Floor Size
125m2
Land Size
312m2
Local Government
Greater Geelong
Lot/Plan
1/PS644053

Last Listing description (September 2021)

First home buyers, investors and downsizers this is the one for you! Set at the front of only 2 on the block and on an impressive allotment of approximately 311 square metres, this spacious townhouse combines retro charm with modern features and will surely impress on inspection. Light, bright and inviting from the moment you walk through the front door, the home features a generous central living room, 2 bedrooms with built-in robes and wall-to-wall carpet plus study or sunroom off the open plan dining and kitchen area. Beautifully updated the fully equipped the modern kitchen features stainless steel appliances including dishwasher, electric oven, gas cook tops, pantry and plenty of storage and bench space and has room to seat the whole family in comfort and leads through to a private, north facing outdoor entertainment area and low maintenance lawn which is perfect for entertaining family and friends all year round. Additional extras include floating floors and reverse cycle heating and cooling unit in the kitchen/dining area, gas heater and high quality carpet in the living room.
In keeping with the warm feel of the home the central bathroom comes with quality fittings, separate bath and shower and single vanity unit while the large laundry has plenty of storage space.
With a single carport at the rear and within walking distance to 2 shopping centres, Gordon TAFE, schools, sporting facilities and with easy access to public transport this low maintenance home is perfect for those that don't drive or just want everything that 3219 has to offer at their doorstep and with Newcomb fast becoming the place to buy this is definitely one that you buy for the future!


Currently tenanted at $330 per week with a fixed term tenancy until September 2021.

Property History for 1/7 Lancaster Ave, Newcomb, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$470,000
17 Aug 2021
Listed for Rent
$330/w
09 Sep 2020
  • 17 Aug 2021
    Sold for $470,000
  • 22 Jun 2021
    Listed for Sale $439,000 - $469,000
  • 13 Jul 2020
    Listed for Rent $330 / week
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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 2,806 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.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Newcomb on OnTheHouse. According to CoreLogic's data, 101 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.