OFF MARKET

1/29 Schutt Street
Newport VIC 3015

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 871m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 1/29 Schutt St, Newport

1/29 Schutt St, Newport is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 871m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1970
Land Size
871m2
Local Government
Hobsons Bay
Lot/Plan
1/RP12657

Last Listing description (June 2022)

This superb ground floor apartment boasts bright and airy spaces and a wonderful private courtyard, making it the pick of the bunch in this popular boutique block.

Located in one of Central Newport's most desired tree-lined streets, you will be able to access all of the local shops,5 minutes to Supermarket, 70 meters to Local cafe, 500 meters to Newport Train Station, and not far to the beautiful Newport Lakes Reserve.

The easily accessible ground floor position at the front of the block is instantly appealing.

-The spaces are bright and comfortable, with a generous main living room featuring large windows and a split system for heating and cooling.

-Adjoining kitchen, a separate bedroom with built in robes, plus an updated bathroom with laundry facilities(newly updated complex laundry room is located in the centre of the building).

-Showcasing a magnificent private courtyard, fully fenced and secure, the perfect spot to relax and entertain, not often found in these traditional apartment blocks, but highly sought indeed.

-Off street undercover parking completes the perfect package.

-It is approximately 12km to Melbourne CBD, 7 minutes drive to Williamstown beach and famous Nelson Place restaurants further confirms an wise investment and/or owner-occupier delights.

-Potential rental income: $1,500/month.

Enquire today.

Property History for 1/29 Schutt St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$334,000
05 May 2022
Listed for Rent
$295/w
14 Apr 2021
  • 05 May 2022
    Sold for $334,000
  • 09 Jan 2022
    Listed for Sale $345,000
  • 08 Feb 2021
    Listed for Rent $295 / week
Sign in to see more transactions

Commute Calculator

About Newport 3015

The size of Newport is approximately 5.2 square kilometres. It has 22 parks covering nearly 15.4% of total area. The population of Newport in 2011 was 11,987 people. By 2016 the population was 12,913 showing a population growth of 7.7% in the area during that time. The predominant age group in Newport is 40-49 years. Households in Newport are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newport work in a professional occupation. In 2011, 70.7% of the homes in Newport were owner-occupied compared with 69.2% in 2016.

Newport has 6,438 properties. Over the last 5 years, Houses in Newport have seen a 14.55% increase in median value, while Units have seen a 8.96% increase. As at 31 August 2024:

  • The median value for Houses in Newport is $1,155,767 while the median value for Units is $748,351.
  • Houses have a median rent of $690 while Units have a median rent of $590.
There are currently 33 properties listed for sale, and 18 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in Newport.

Suburb Insights for Newport 3015

Market Insights
Newport Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Newport Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.