OFF MARKET

50 Forrest Avenue
Newhaven VIC 3925

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 138m2
Land area: 484m2
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Property Details for 50 Forrest Ave, Newhaven

50 Forrest Ave, Newhaven is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 484m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
Unit
Year Built
1950
Floor Size
138m2
Land Size
484m2
Local Government
Bass Coast
Lot/Plan
1/PS642403

Last Listing description (January 2016)

WATERSEDGE BEACH COTTAGE - with B&B opportunity
Right on the waterfront is this beautifully restored cottage in a quite unique idyllic location on Phillip Island. Wake to the sounds of water birds and wander straight across to your own north facing beach cove. Take in the views across Westernport Bay and get ready for the day to come.
The spacious cottage is delightfully presented and with an amazing water view from various rooms and decks. Upon entry into the main cottage there is a dining room with split system air-conditioning with on the right leading to a new kitchen and large rear deck. Adjacent to the kitchen is the separate pantry and laundry. To the left is a spacious lounge with split system air-conditioner and breathtaking water views across the attractive front decks to the water.

At the front of the property to the right is the fully self-contained beach studio bedroom fully set up with private deck, breakfast area, ensuite and split system air-conditioner giving an excellent B&B opportunity if wished or take for yourself and wake up to water view every day!
The studio is linked to the main cottage via the most pleasant study area.
The other two bedrooms comprise a queen bedroom with ante room and a double bedroom with a private alcove which can be used another study or single bedroom area.
At the rear of the property is a large private rear deck with a large enclosed undercover area with light and power - ideal for use as an art room, playroom, storeroom etc.
This is the ultimate beach house for holiday or permanent living.. or alternatively the new owners may wish to take over the existing dynamic holiday and short term rental business.
Three minutes drive away, or a beautiful walk, is the fishing village of San Remo with cafes, restaurants, shops and two hotels offering excellent meals and live music. Head towards Cowes and there is one of Australia's prime tourist attractions - the Penguin Parade and so many more things to see and do. Not to mention the famous Grand Prix racetrack that seems to be full of activity all year round.
WAKE UP TO MILLION DOLLAR VIEWS OF WESTERNPORT BAY

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Property History for 50 Forrest Ave, Newhaven, VIC 3925

A timeline of how this property has performed in the market
Last Sold
$750,000
02 Jan 2016
Listed for Rent
$395/w
26 Jun 2012
  • 02 Jan 2016
    Sold for $750,000
  • 24 Dec 2015
    Listed for Sale UNDER CONTRACT
  • 05 Aug 2014
    Listed for Sale 735000
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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 62.70% increase in median value, while Units have seen a 65.07% increase. As at 31 July 2024:

  • The median value for Houses in Newhaven is $826,189 while the median value for Units is $598,515.
  • Houses have a median rent of $308.
There are currently 5 properties listed for sale, and 1 property 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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