OFF MARKET

1/40A Maddox Road
Newport VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 111m2
Land area: 177m2
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Last updated 16 Sep 2024
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Property Details for 1/40a Maddox Rd, Newport

1/40a Maddox Rd, Newport is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2014. The property has a land size of 177m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
House
Year Built
2014
Floor Size
111m2
Land Size
177m2
Local Government
Hobsons Bay
Lot/Plan
1/PS826854

Last Listing description (June 2019)

Distinguished by glorious natural light, this spacious, free standing town residence set amongst all of Newport's main attractions delivers serious style impact! Blessed with impeccable family credentials, you can also enjoy the lifestyle that only Newport can deliver. With its own Street frontage and only 2 dwellings on the site, you can rest assured that you will be free from any Owners and Body Corp fees. Comprising:
- 2 bedrooms, main with ensuite and split system, other with BIRs
- Large sun lit lounge, based on an open plan living

- Kitchen with s/steel appliances, dishwasher and ample cupboard space
- Adjacent meals area
- 2nd bathroom, downstairs powder room
- Single lock up garage with remote door
- Featuring split system cooling and heating in the living area and main bedroom, water tanks, quality Holland blinds, manicured front and rear gardens, and much more. Walking distance to Primary school, child care centre, Newport Lakes, public transport, shops, etc. Would also make for an excellent investment, currently returning a healthy $1955/month.

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Property History for 1/40a Maddox Rd, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$641,000
18 Apr 2019
  • 24 May 2019
    Listed for Sale UNDER CONTRACT
  • 18 Apr 2019
    Sold for $641,000

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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 28 properties listed for sale, and 15 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in Newport.

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