OFF MARKET

14/29 Schutt Street
Newport VIC 3015

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 36m2
Land area: 871m2
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Property Details for 14/29 Schutt St, Newport

14/29 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 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1970
Floor Size
36m2
Land Size
871m2
Local Government
Hobsons Bay
Lot/Plan
14/RP12657

Last Listing description (October 2021)

Offering an inner-city lifestyle within a fantastic location, this 1 bedroom, 1 bathroom unit situated in the heart of bustling Newport. This unit is designed with comfort and low maintenance living in mind. The natural light filled open plan kitchen and living area features near new carpet, clean lines and ample storage space. The well proportioned bedroom features a BIR, modern bathroom with a brand new toilet and an abundance of natural light also has laundry facility room on the same level and a carport space.

Nestled at the rear of the block on a beautiful tree lined street and within walking distance of public transport, bus and train, Newport Lakes, schools, cafes and shops.


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Property History for 14/29 Schutt St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$289,000
18 May 2021
Listed for Rent
$300/w
08 Oct 2021
  • 03 Sep 2021
    Listed for Rent $300 / week
  • 18 May 2021
    Sold for $289,000
  • 03 Dec 2019
    Listed for Rent $300 / week
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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 6,493 properties. Over the last 5 years, Houses in Newport have seen a 7.15% increase in median value, while Units have seen a 6.54% increase. As at 31 October 2024:

  • The median value for Houses in Newport is $1,155,480 while the median value for Units is $761,393.
  • Houses have a median rent of $693 while Units have a median rent of $600.
There are currently 50 properties listed for sale, and 10 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 283 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.