OFF MARKET

2/48 Hibiscus Crescent
Newcomb VIC 3219

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 107m2
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Property Details for 2/48 Hibiscus Cres, Newcomb

2/48 Hibiscus Cres, Newcomb is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 107m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
Unit
Year Built
1970
Floor Size
68m2
Land Size
107m2
Local Government
Greater Geelong
Lot/Plan
2/RP14322

Last Listing description (October 2018)

Ideally located in the well sought after golden triangle of Newcomb, before you is an opportunity to achieve in the property market with this neat and tidy two bedroom unit.
This solid brick east facing unit comprises two bedrooms both with built in robes, open plan kitchen, dining, lounge area, central bathroom, toilet and laundry.
Featuring gas upright cooktop and oven, gas heating, split system heating and cooling, single carport, secure courtyard and garden shed.

Currently returning $210 per week on a periodic lease. Your time is now seize this opportunity.

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Property History for 2/48 Hibiscus Cres, Newcomb, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$255,000
09 Oct 2017
Listed for Rent
$200/w
07 Nov 2012
  • 09 Oct 2017
    Sold for $255,000
  • 29 Aug 2017
    Listed for Sale $239,000 - $260,000
  • 18 Oct 2012
    Listed for Rent $200 / 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 2,835 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.

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