5 Nelson AvenueNewcomb VIC 3219
Property Details for 5 Nelson Ave, Newcomb
5 Nelson Ave, Newcomb is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1955. The property has a land size of 840m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (March 2023)
Calling all Builders, Developers & Investors in this high growth pocket offers 840m2 to develop (STCA). This property presents buyers with endless possibilities! Whether you plan to move straight in, renovate to create your dream family home, or explore options for re-development (STCA), this opportunity is not to be missed!
A walking distance to key amenities including both Newcomb Central Shopping and Bellarine Village Shopping Centre around the corner plus offering easy access via the Bellarine Highway into Geelong or the Bellarine Peninsula.
Geelong East Primary School, Newcomb Secondary College and The Gordon (East Geelong Campus) are also with close proximity as to recreational reserves, parks and trails.
The house is 3 bedrooms in its original condition. It has a huge backyard and a garage for ample storage. Tradies will be impressed by the amount of off-street parking available. The double carport (one roller door for access) is ideal for boat or caravan storage, while the lock-up garage measures approximately 80m2.
If you are an investor looking for an affordable property with a view to subdivide or a tradie who needs a large backyard and a shed, then this is the one for you.
Additional Features.
- Close to Geelong East Primary School and The Gordon (East Geelong Campus)
- Bellarine Rail Trail inspires the whole family to venture outdoors
- Bellarine Highway grants easy access to both Geelong and the Bellarine Peninsula
Property History for 5 Nelson Ave, Newcomb, VIC 3219
- 08 Sep 2023Sold for $690,000
- 30 Dec 2022Sold for $485,000
- 30 Nov 2022Listed for Sale $495,000 - $535,000
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0About 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 30.35% increase in median value, while Units have seen a 27.06% increase. As at 31 August 2024:
- The median value for Houses in Newcomb is $589,571 while the median value for Units is $447,889.
- Houses have a median rent of $430 while Units have a median rent of $380.
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