OFF MARKET

48 Wilsons Road
Newcomb VIC 3219

Bedrooms: 3
Bathrooms: 1
Car spaces: 7
Floor area: 102m2
Land area: 674m2
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Property Details for 48 Wilsons Rd, Newcomb

48 Wilsons Rd, Newcomb is a 3 bedroom, 1 bathroom House with 7 parking spaces and was built in 1970. The property has a land size of 674m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1970
Floor Size
102m2
Land Size
674m2
Local Government
Greater Geelong
Lot/Plan
161/LP25014

Last Listing description (June 2023)

Let's be honest real estate agents are known for spinning a yarn about what a great opportunity every run down "fixer upper" is, but 48 Wilsons Rd is something to seriously get excited about.

80% finished, here are the good points.

Restumped, Reroofed, Replumbed, Rewired, Reinsulated, Replastered.

All new weatherboards and baseboards
New aluminium windows / sliding doors.
Inside there's new doors, architraves, and Vj panelling.
There's a new bathroom that's 95% complete.
New kitchen is all there, including new stainless appliances 80% complete.
Also 2 new merbau decks to the side and rear.

There was also a planning permit approved in 2019 for a 2nd dwelling facing onto Adzar Rd and convert the existing garage into a 2 dwelling with 2 bedrooms and 2 bathrooms. More information available.

There's also a huge amount of building materials onsite that would almost complete the build, with the only noticeable absence being the carpet.
Lastly there's a massive 6 car shed perfect to run a business from home or store the toys. Situated on a huge 673m2 corner block behind a white picket fence and at this price, you don't need much of an imagination to see the opportunity.

Rest assured, there's no untoward reason behind the sale just a change of circumstance. So if this sounds like the sort of challenge you'd enjoy, we look forward to seeing you at your next open for inspection.

Property History for 48 Wilsons Rd, Newcomb, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$520,000
27 Jun 2023
  • 27 Jun 2023
    Sold for $520,000
  • 07 Jun 2023
    Listed for Sale $487,000-$535,000
  • 20 Nov 2018
    Sold for $405,000
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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 2,806 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.