24 Lancaster AvenueNewcomb VIC 3219
Property Details for 24 Lancaster Ave, Newcomb
24 Lancaster Ave, Newcomb is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 775m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last transferred in June 2024.
Last Listing description (July 2024)
Whether you are looking for a family home on a large block, a solid investment in a steady growth area or something that has the potential for extension and subdivision in the future, this property on 775m2 (approx.) commands attention.
LOCATION
Positioned in a quiet, low traffic street, this property backs directly onto the Bellarine Rail Trail offering a picturesque 35km stretch of walking and cycling track. Newcomb Central Shopping Centre and Newcomb Secondary are 250m from your doorstep and the CBD and waterfront are less than 10 minutes away.
THE HOME
Full of charm and featuring hardwood floors as well as period cornices, the home has generous sized rooms providing flexibility of use as bedrooms or living spaces, depending on your needs, and are serviced by a central bathroom with separate bath.
A central kitchen boasts timber cabinetry, lots of storage, gas cooking, dishwasher, island breakfast bar and is open plan to the meals area.
Ducted heating and multiple air conditioning units control the climate.
DUAL LIVING
An extension to the rear creates a unique opportunity for a family member or boarder to enjoy an independent space with a bedroom, kitchenette, living room and bathroom. This area can be accessed via the main home OR directly from outside.
EXTENSION/DEVELOPMENT
An 18m frontage and 7m wide driveway on a total of 775m2 (approx.) ensures plenty of flexibility to either extend the property, subdivide an independent lot to the rear or develop the entire site into multiple dwellings (STCA).
Ready to move in now and offering dual living and future development potential, this property will not last long, so call Dion Plumb on 0424 940 629 to learn more.
Property History for 24 Lancaster Ave, Newcomb, VIC 3219
- 05 Jul 2024Listed for Sale $550,000 - $595,000
- 06 Jun 2024Transferred
- 29 Jan 2007Transferred
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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.
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