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Sold on 23 Aug 2024 - Price Unavailable

16 Schutt Street
Newport VIC 3015

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 440m2
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Property Details for 16 Schutt St, Newport

16 Schutt St, Newport is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 440m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Newport in the last 12 months.

Building Type
House
Land Size
440m2

Last Listing description (August 2024)

Only occasionally are personality, proportions and potential brought together to form such a rewarding opportunity in a location loaded with so much lifestyle appeal. This traditional Californian creates an irresistible chance to capture its evocative spaces and undertake a project to revive, renovate and re-invent, STCA. The results could be spectacular! Original external appeal, lead-light windows, high ceilings, hardwood floorboards and an open fire-place reflect the period authenticity of spaces that include three or four bedrooms, a substantial living room, central dining/family room, a separate kitchen and a retro bathroom. The scope is significant, the potential is powerful. Side drive parking, a neat rear garden and laundry/storage further enhance the chance to apply contemporary ideas to a classic home in a fabulous setting where a walk along your tree lined street brings you to Newport's vibrant village hub, shops, cafes and city bound trains from Newport station.

Property History for 16 Schutt St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
23 Aug 2024
Listed for Rent
$430/w
06 Aug 2010
  • 20 Aug 2024
    Sold for $1,165,000
  • 13 Aug 2024
    Listed for Sale Under Offer
  • 09 Jul 2010
    Listed for Rent - Price not available
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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 48 properties listed for sale, and 12 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 282 properties were sold in the past 12 months in Newport.

Suburb Insights for Newport 3015

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Dean Stanley
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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.