SOLD
Sold on 13 Feb 2024 for $627,000

103/342 Melbourne Road
Newport VIC 3015

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 93m2
Sold By
Sweeney Altona
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Property Details for 103/342 Melbourne Rd, Newport

103/342 Melbourne Rd, Newport is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Newport in the last 12 months.

Building Type
Unit
Year Built
2021
Floor Size
93m2
Local Government
Hobsons Bay
Lot/Plan
103/PS721131

Last Listing description (February 2024)

Catch Newport station trains, choose a different cafe every day and enjoy proximity to the water from this impressive c2022 apartment, superbly situated in Melbourne Road's retail hub and merely moments from Mason Street's shopping options. One of only six, set at the rear so that its serenity complements its centrality - an outstanding opportunity!

- Living/dining area leads to full-width balcony
- The indoor-outdoor character is exceptional

- Open-plan kitchen is cool and contemporary
- Stainless steel appliances and a dish-washer
- Clever island bench, designer stone surfaces
- Enjoy 2 immediately inviting double bedrooms
- Main bedroom accompanied by an ensuite
- Central second bathroom, effective light-well
- Reverse cycle heating/cooling. Total security
- Garaging with car stacker and extra secure storage room
- Elevator access

A beautiful apartment in a boutique building constructed and completed with a sense of quality that ensures owner-occupier appeal and enhances investment performance!

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own financial and legal advice.

Property History for 103/342 Melbourne Rd, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$627,000
13 Feb 2024
  • 13 Feb 2024
    Sold for $627,000
  • 17 Jan 2024
    Listed for Sale Under Contract
  • 24 Aug 2019
    Sold for $600,000

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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 33 properties listed for sale, and 20 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 286 properties were sold in the past 12 months in Newport.

Suburb Insights for Newport 3015

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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.