This boutique land release is located in Newhaven, a quiet hamlet surrounded by water on Westernport Phillip Island.
This 600 square metre block (approx.) is a West facing allotment with a 20.5 metre frontage. The development will offer made roads, underground power, telephone and sewerage. Titles expected late 2019.
There have been no land releases in this area since the 1960s and with Newhaven College relocating its campus the opportunity has arisen for this land to be released for the first time in fifty years.
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:
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