8 Mercury CrescentNewcomb VIC 3219
Property Details for 8 Mercury Cres, Newcomb
8 Mercury Cres, Newcomb is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 543m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (July 2021)
Location is everything and being only minutes to the beautiful Botanical Gardens and the action-packed Geelong Waterfront, this 3-bed, 1-bathroom, solid brick property would make an ideal first home/ renovation project or investment property with a return of approx. $320 per week.
Upon entry you are greeted by large windows allowing an abundance of natural light into the front living room and a nice view of the green leafy front yard. The room is well carpeted and equipped with Gas heating.
Down the hall you will find 3 well sized, carpeted bedrooms, one including a Built-in wardrobe.
The central bathroom includes a bath/shower set up and single vanity.
The kitchen meals area has a large window allowing plenty of light and features a 4 burner gas upright stove, single sink, great cupboards and bench space.
To the rear of the home is the laundry and access to the huge backyard, which is perfect for children or your 4-legged friend. There is ample room to allow for a future extension or for a single garage to be built. Guttering has been replaced in recent times, one fence is new and the other two fences are in the process of being restored.
There are few opportunities like this on the market right now and with easy access to public transport, schools, the Geelong Hospital and an abundance of amenities. The smart thing to do is secure the land, renovate the home as you please and reap the financial rewards in years to come.
This low maintenance home is ideally located approximately 6 min drive from Geelong CBD with fantastic access to the Bellarine peninsula via the Portarlington road.
FEATURES
Gas heating
542m2
Rent $320 pw
*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.
Property History for 8 Mercury Cres, Newcomb, VIC 3219
- 31 May 2021Sold for $490,000
- 12 May 2021Listed for Sale $469,000 - $515,000
- 01 Aug 1989Sold for $73,000
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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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