7/2-4 Morpeth StreetNewcomb VIC 3219
Property Details for 7/2-4 Morpeth St, Newcomb
7/2-4 Morpeth St, Newcomb is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 50m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Newcomb in the last 12 months.
Last Listing description (February 2024)
Superbly positioned in a quiet and convenient location, this well maintained and neatly presented property offers a fantastic lifestyle or investment opportunity designed for easy living in a low maintenance setting. Situated in a quiet cul de sac, within walking distance of Newcomb Central and Bellarine Village Shopping Centres, with easy access to public transport, less than 10 minutes from the CBD, Eastern Gardens and Waterfront, and on the gateway to the Bellarine Peninsula, this is a fantastic opportunity to break into the increasingly popular Newcomb market at an affordable level.
On entry to the home, the open plan living showcases a warm neutral colour palette, modern finishes, gas heating plus split system heating and cooling, offering an inviting ambience within. The well-appointed kitchen is tastefully presented, featuring 600mm oven and cooktop, breakfast bar seating, plenty of storage and ample bench space. The separate bedroom includes generous built-in robes, and the bathroom includes laundry facilities for optimum functionality.
Outside, the courtyard offers a private space to enjoy the sun, relax or entertain, designed for low-maintenance upkeep, allowing you to make the most of your free time. An undercover carport provides off street parking, positioned for convenient access to the home.
Perfect for first home buyers, investors or those looking to downsize, this property represents outstanding value and an exceptional opportunity to enter a proven growth pocket in close proximity to the city.
Property History for 7/2-4 Morpeth St, Newcomb, VIC 3219
- 02 Feb 2024Sold for $297,000
- 21 Nov 2023Listed for Sale $299,000
- 06 Mar 2023Listed for Rent - Price not available
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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 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.
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