OFF MARKET

1 Forrest Avenue
Newhaven VIC 3925

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 654m2
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Property Details for 1 Forrest Ave, Newhaven

Building Type
Commercial
Land Size
654m2
Local Government
Bass Coast
Lot/Plan
1/TP511938

Last Listing description (February 2021)

This iconic freehold previously known as 'Dutchies' is in a prime location just over the bridge, at the gateway to Phillip Island. In excess of 3 million cars pass this site annually.

Upstairs offers a three bedroom residence and the ground floor takeaway outlet is fully fitted out and ready for you to start your own successful business.

Offered on a walk in walk out basis and in excellent condition this is an opportunity not to be missed.

Property History for 1 Forrest Ave, Newhaven, VIC 3925

A timeline of how this property has performed in the market
Last Sold
$1,200,000
02 Feb 2021
  • 02 Feb 2021
    Sold for $1,200,000
  • 14 May 2020
    Listed for Sale $1,250,000
  • 26 Jan 2019
    Listed for Sale CONTACT AGENT
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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 478 properties. Over the last 5 years, Houses in Newhaven have seen a 60.73% increase in median value, while Units have seen a 69.13% increase. As at 31 August 2024:

  • The median value for Houses in Newhaven is $834,560 while the median value for Units is $616,433.
  • 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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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.