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Sold on 18 Jul 2024 - Price Unavailable

2/89 The Strand
Newport VIC 3015

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 189m2
Sold By
Jellis Craig Inner West
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Property Details for 2/89 The Strand, Newport

2/89 The Strand, Newport is a 4 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 1999. The property has a floor size of 189m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom Townhouse sold in Newport in the last 12 months.

Building Type
Townhouse
Year Built
1999
Floor Size
189m2
Local Government
Hobsons Bay
Lot/Plan
2/PS416789

Last Listing description (August 2024)

Spectacular to look at - and in its outlook - the luxury that's always associated with rare 'penthouse living' is sensationally conveyed by this outstanding four bedroom, three bathroom residence directly opposite Greenwich Reserve's serene greenery. Beyond, ships slip by and the city skyline creates a stunning backdrop to an address that's acknowledged as one of Melbourne's most memorable bayside settings. The dramatic, dynamic first impression created by the facade is emphatically supported by the sublime spaces that await within. Three of the design's four bedrooms and two of its three bathrooms, including a main bedroom that sees the park and watches the water, define the elevated ground floor while above, mesmerizing balcony sights enhance the exceptional living and dining area. A granite kitchen, vibrant retreat and the fourth bedroom served by its own bathroom complete penthouse proportions of undeniable flair. A totally secluded rear courtyard further enhances a coveted property that concludes with a secure garage and a flexible additional basement space, currently configured as a wellness studio. Unforgettable.

Property History for 2/89 The Strand, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
18 Jul 2024
Listed for Rent
$740/w
24 May 2018
  • 18 Jul 2024
    Sold
  • 25 Jun 2024
    Listed for Sale $1,750,000 - $1,850,000
  • 16 May 2018
    Listed for Rent $740 / 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 6,431 properties. Over the last 5 years, Houses in Newport have seen a 8.76% increase in median value, while Units have seen a 5.72% increase. As at 30 September 2024:

  • The median value for Houses in Newport is $1,166,295 while the median value for Units is $725,682.
  • Houses have a median rent of $690 while Units have a median rent of $600.
There are currently 55 properties listed for sale, and 11 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 278 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.