OFF MARKET

9 Nelson Avenue
Newcomb VIC 3219

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 987m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 28 Oct 2024
Low

High
Save

Property Details for 9 Nelson Ave, Newcomb

9 Nelson Ave, Newcomb is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 987m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Land Size
987m2
Local Government
Greater Geelong
Lot/Plan
49/LP19060

Last Listing description (April 2021)

A rare opportunity in this high growth pocket offers almost a 1,000 square metres to develop (stca). Zoned Growth Zone Schedule 2 and with reserve land to the west this site, it could easily accommodate 4 single storey or 5 double storey townhouses comfortably or possibly an apartment complex (stca). With 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. The Gordon and many schools are also with close proximity as to recreational reserves, parks and trails. The house is 2 bedrooms and includes long term tenants here until you are ready to turn soil on your project. A rare site of this size is all the opportunity you need to get ahead.

Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

Property History for 9 Nelson Ave, Newcomb, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$780,000
17 Oct 2023
Listed for Rent
$260/w
19 Feb 2018
  • 17 Oct 2023
    Sold for $780,000
  • 23 Dec 2020
    Sold for $602,500
  • 24 Jul 2020
    Listed for Sale Price by Negotiation $570,000 - $620,000
Sign in to see more transactions

Commute Calculator

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 2,808 properties. Over the last 5 years, Houses in Newcomb have seen a 32.23% increase in median value, while Units have seen a 28.45% increase. As at 30 September 2024:

  • The median value for Houses in Newcomb is $596,285 while the median value for Units is $437,764.
  • Houses have a median rent of $440 while Units have a median rent of $385.
There are currently 7 properties listed for sale, and 9 properties listed for rent in Newcomb on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Newcomb.

Suburb Insights for Newcomb 3219

Market Insights
Newcomb Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newcomb Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.