OFF MARKET

12 Narrows Way
Newhaven VIC 3925

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5821m2
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Last updated 16 Dec 2024
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Property Details for 12 Narrows Way, Newhaven

12 Narrows Way, Newhaven is a 0 bedroom, 0 bathroom House. The property has a land size of 5821m2.

Building Type
House
Land Size
5821m2
Local Government
Bass Coast
Lot/Plan
31/PS818369

Last Listing description (November 2024)

Expressions of Interest

This fabulous development opportunity is located in the sought after seaside village of Newhaven on Phillip Island, with proposed plans to develop a boutique subdivision of 9 lots (STCA).

Just a stone's throw from the waters edge and conveniently located close to Newhaven's Caf?s and Marina and only a short stroll over the bridge to San Remo Village.

The proposed plan on a 5821 square metre allotment (approx.), provides 9 lots of generous proportions, ranging from 402 sqm to 517 sqm and would make the ideal precinct for retirement or holiday units.

Oversized services have been installed to the block, minimising extra costs to the purchaser including: power, water, sewer, phone and NBN. With generous vendor terms available, this is an opportunity not to be missed.

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Property History for 12 Narrows Way, Newhaven, VIC 3925

A timeline of how this property has performed in the market
  • 19 Mar 2024
    Listed for Sale Expressions of Interest

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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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