OFF MARKET

2/5 Raeburn Court
Newcomb VIC 3219

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 111m2
Land area: 258m2
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Last updated 28 Oct 2024
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Property Details for 2/5 Raeburn Ct, Newcomb

2/5 Raeburn Ct, Newcomb is a 2 bedroom, 1 bathroom Unit. The property has a land size of 258m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Floor Size
111m2
Land Size
258m2
Local Government
Greater Geelong
Lot/Plan
2/PS626943

Last Listing description (December 2022)

Whether you're looking to break into the property market or bolster your investment portfolio, this immaculate townhouse on its own title set on 257m2 ticks all the boxes. As you enter the light filled property you are greeted with a spacious entry leading to the open plan lounge/dining area.

The well-appointed kitchen offers excellent bench space and abundance of storage options. The lounge has direct access via glass sliding door to the alfresco area with a low maintenance garden.

Two generous sized bedrooms both with robes (master WIR) and easy access to the two way bathroom, complete with bath, shower and separate toilet. Further features include functional laundry with further storage and direct entry via the remote control garage.

Set in an ideal location to all Newcomb's amenities (Aldi, Newcomb Central Shopping Centre, schools and public transport). This home is perfect for retirees, investor, or a downsizer wanting low maintenance lifestyle and convenience.

SLUG with direct assess.
Own Title set on 257m2
Gas Heating/ Reverse Cycle Split System
Immaculately Presented
Walking distance to public transport
Easy access to CBD and 20 mins to
Bellarine Peninsula
Rent $380 p/w

*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

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Property History for 2/5 Raeburn Ct, Newcomb, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$500,000
05 Dec 2022
  • 05 Dec 2022
    Sold for $500,000
  • 10 Oct 2022
    Listed for Sale $489,000 - $535,000
  • 08 Jun 2022
    Listed for Sale $520,000 - $570,000
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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.

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