175 Mason StreetNewport VIC 3015
Property Details for 175 Mason St, Newport
Last Listing description (November 2024)
Vacant land always offers the luxury of choice, amongst them the option to create a stunning contemporary home or the opportunity to pursue multi-dwelling development ideas, STCA, and this perfectly positioned allotment provides precisely such a tempting, tantalizing choice.
Its north-facing aspect ensures natural light will form a significant element of any future equation while a rear boundary that backs directly on to the green parkland expanses of Loft Reserve represents an exceptionally appealing conclusion. In between the sunny street facing aspect and the serene, green backdrop, explore the possibilities suggested by some 1048m2 of cleared, level, ready to develop land.
Proximity to Newport Lakes Reserve, Challis Street's village shops and the convenience of Mason Street's cafes, shopping and access to Newport station adds another important layer of appeal to an address that's also desirably close to Newport Gardens Primary School, the Bayside College Campus.
All the attributes are in place, this allotment only needs some sensational spaces. Primed for a dream a design and the delivery of a rewarding future in a setting that's literally surrounded by lifestyle attractions.
Property History for 175 Mason St, Newport, VIC 3015
- 09 Nov 2024Sold for $1,700,000
- 01 Oct 2024Listed for Sale $1,700,000
- 31 Oct 2011Listed for Sale $1,250,000
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0About 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 6,494 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.
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