OFF MARKET

71 Colwells Road
Newham VIC 3442

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 220m2
Land area: 20199m2
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Property Details for 71 Colwells Rd, Newham

Building Type
Land
Year Built
2021
Floor Size
220m2
Land Size
20199m2
Local Government
Macedon Ranges
Lot/Plan
6/LP3017

Last Listing description (June 2015)

This fabulous 5 acres, on quiet Colwells Rd, follows the boundary of the Hanging Rock reserve.
Offering excellent views of the local icon, it is slightly undulating, with grassy expanses and a scattering of mature eucalypts.
It will be fully fenced, and has an established driveway to within the property.

Best of all, it comes with a planning permit to build a dwelling , a scarce and valuable commodity in this protected locale.
The area around Hanging Rock is highly prized, and listed properties always attract a great deal of interest. For this reason, interested parties would be advised to act swiftly.

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Property History for 71 Colwells Rd, Newham, VIC 3442

A timeline of how this property has performed in the market
Last Transferred
13 Jan 2018
  • 13 Jan 2018
    Transferred
  • 30 May 2015
    Listed for Sale Price $445,000
  • 20 Nov 2014
    Sold for $420,000
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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 56.73% increase in median value, while Units have seen a 60.10% increase. As at 31 August 2024:

  • The median value for Houses in Newham is $1,260,260 while the median value for Units is $620,469.
There are currently 3 properties listed for sale, and no properties listed for rent in Newham on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Newham.

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