SOLD
Sold on 19 Dec 2023 for $790,000

48 Palmer Crescent
Newham VIC 3442

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 4434m2
Sold By
Jellis Craig Woodend
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Property Details for 48 Palmer Cres, Newham

Building Type
Rural
Land Size
4434m2
Local Government
Macedon Ranges
Lot/Plan
1/PS524099

Last Listing description (November 2023)

Retreat from the hustle and bustle of daily life to this peaceful sanctuary, privately set back from the road on over an acre (4,376 sqm approx.) of delightful established garden with vibrant Camellias, Rhododendron and Daffodils blooming among a diverse range of plants and trees. A perfect weekender or downsizer, the property offers low maintenance living with a beautiful outlook to the garden from every window. Enjoy the sounds of nature from the 10 metre front verandah, with King Parrots and Rosellas among the many colourful birds who frequent the property.

The comfortable cottage consists of a sunny North-East facing living room, connected via a curved archway to the kitchen/dining area featuring ample storage and large peninsula bench. The two bedrooms have BIR and share a bathroom with separate WC off the laundry. Sliding doors flow from the living to the verandah with steps down to a large carport. Located on a desirable corner block with potential for dual road access, there is scope to extend, add out buildings or redevelop (STCA).

An easy 10 minute stroll will have you sampling local wines at the award winning Hanging Rock Winery or enjoying a delicious meal or coffee at Newham General Store. An abundance of natural attractions in the surrounding Macedon Ranges are on your doorstep, with Woodend township and freeway access a few minutes by car and Melbourne less than an hour.

Property History for 48 Palmer Cres, Newham, VIC 3442

A timeline of how this property has performed in the market
Last Sold
$790,000
19 Dec 2023
  • 19 Dec 2023
    Sold for $790,000
  • 16 Aug 2023
    Listed for Sale $850,000

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About Newham 3442

The size of Newham is approximately 49 square kilometres. It has 1 park. The population of Newham in 2011 was 524 people. By 2016 the population was 504 showing a population decline of 3.8% in the area during that time. The predominant age group in Newham is 60-69 years. Households in Newham are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newham work in a professional occupation. In 2011, 89.2% of the homes in Newham were owner-occupied compared with 92.8% in 2016.

Newham has 272 properties. Over the last 5 years, Houses in Newham have seen a 33.77% increase in median value, while Units have seen a 60.10% increase. As at 31 October 2024:

  • The median value for Houses in Newham is $1,238,114 while the median value for Units is $590,226.
There are currently 2 properties listed for sale, and 1 property listed for rent in Newham on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Newham.

Suburb Insights for Newham 3442

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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.