OFF MARKET

5 Narrows Way
Newhaven VIC 3925

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 139m2
Land area: 606m2
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Property Details for 5 Narrows Way, Newhaven

Building Type
Commercial
Year Built
2020
Floor Size
139m2
Land Size
606m2
Local Government
Bass Coast
Lot/Plan
23/PS818369

Last Listing description (April 2021)

This 606sqm North Facing, Corner allotment is located in the exclusive Narrows land release in Newhaven, a quiet hamlet at the entrance of Phillip Island surrounded by the waters of Westernport Bay.

Take advantage of the new Home Builder program that has just been extended to the 31st of March 2021!!

Titled and ready to build on, offering made roads, concrete cross-overs, underground power, street lighting, mains water and sewer. Newhaven is a haven for boat enthusiasts, offering excellent launching facilities, a fabulous yacht club with a marina, great fishing and magnificent swimming beach.

Conveniently located nearby is a small group of shops and it is just a stroll over the bridge to San Remo Village or a short drive to all the attractions Phillip Island has to offer.

Newhaven is a peaceful part of Phillip Island, highly sought after, community minded and beauty rarely found. The Narrows will offer buyers a wonderful coastal lifestyle only one hour from the Eastern suburbs of Melbourne.

For further details contact Josh Dunstan on 0407 558 933.

Property History for 5 Narrows Way, Newhaven, VIC 3925

A timeline of how this property has performed in the market
Last Sold
$320,000
01 Feb 2021
  • 01 Feb 2021
    Sold for $320,000
  • 18 Dec 2020
    Listed for Sale From $728,299
  • 26 Jul 2018
    Listed for Sale From $629,999

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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 51.62% increase in median value, while Units have seen a 62.57% increase. As at 31 October 2024:

  • The median value for Houses in Newhaven is $813,898 while the median value for Units is $615,369.
  • 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, 9 properties were sold in the past 12 months in Newhaven.

Suburb Insights for Newhaven 3925

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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.