OFF MARKET

1/41 Forrest Avenue
Newhaven VIC 3925

Bedrooms: 6
Bathrooms: 6
Car spaces: 6
Land area: 512m2
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Property Details for 1/41 Forrest Ave, Newhaven

Building Type
Commercial
Land Size
512m2
Local Government
Bass Coast
Lot/Plan
1/PS634974

Last Listing description (February 2021)

Here is a unique opportunity to secure a foreshore position in Newhaven with fabulous North facing views across Westernport Bay.

This unique property consists of six self-contained units, all with ensuites, and two with kitchenettes, all on a 511 square metre allotment. Located in the idyllic coastal town of Newhaven on Phillip Island,
and only metres away from the Newhaven foreshore, with views extending from French Island to the north and Coronet Bay to the east. Offering endless potential as an allotment for a foreshore residence, or convert the units into a single residential dwelling or two separate, two bedroom units with living room and kitchenette for investment or holiday accommodation.

Located just a short stroll to the Newhaven marina, jetty and local shops, and only a short drive over the bridge to San Remo's supermarket, shops, cafes, pubs, restaurants, and the San Remo Fisherman's Co-op. The Phillip Island Chocolate Factory and Churchill Island Heritage Farm are also only a short drive away, as well as the famous surf and bay beaches of Cape Woolamai.

Be quick to secure this unique opportunity.

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Property History for 1/41 Forrest Ave, Newhaven, VIC 3925

A timeline of how this property has performed in the market
Last Transferred
15 Nov 2012
  • 24 Dec 2020
    Listed for Sale $650,000
  • 03 Apr 2015
    Listed for Sale Not Disclosed
  • 15 Nov 2012
    Transferred

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About Newhaven 3925

The size of Newhaven is approximately 6.7 square kilometres. It has 5 parks covering nearly 5.6% of total area. The population of Newhaven in 2011 was 384 people. By 2016 the population was 465 showing a population growth of 21.1% in the area during that time. The predominant age group in Newhaven is 50-59 years. Households in Newhaven are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newhaven work in a professional occupation. In 2011, 73.9% of the homes in Newhaven were owner-occupied compared with 76.3% in 2016.

Newhaven has 479 properties. Over the last 5 years, Houses in Newhaven have seen a 54.85% increase in median value, while Units have seen a 58.86% increase. As at 30 November 2024:

  • The median value for Houses in Newhaven is $831,801 while the median value for Units is $628,949.
  • Houses have a median rent of $308.
There are currently 4 properties listed for sale, and no properties listed for rent in Newhaven on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Newhaven.

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