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Sold on 20 Feb 2024 for $405,000

20/114 Mason Street
Newport VIC 3015

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 20/114 Mason St, Newport

20/114 Mason St, Newport is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Apartment sold in Newport in the last 12 months.

Building Type
Apartment
Local Government
Hobsons Bay
Lot/Plan
120/PS531700

Last Listing description (February 2024)

• Offering an exciting inner-west lifestyle opportunity, this beautifully presented and meticulously maintained apartment relishes low-maintenance style with designer inclusions
• As you step into the apartment, you immediately catch beautiful natural light bellowing in through floor-to-ceiling sliding doors to the beautiful inner courtyard

• The perfect starter home for a buyer looking to get into the Newport market
• Located in a tree-lined, quiet and well-maintained boutique block of apartments
• Boasting a generous sized bedroom with built-in-robes, spacious light-filled living and dining area with access out to an excellent entertainment balcony
• Comprising a generous kitchen with stainless-steel appliances plus a dishwasher and a sparkling modern bathroom
• Features include split-system heating and cooling, a secure entrance, intercom, lock-up storage, and a dedicated car space
• A fantastic opportunity for an investor looking to build their portfolio, with a current rental return of $370.00 per week
• Nestled in the lush surrounds of Newport Lakes and only moments from Newport Village, stroll to cafes, shops, restaurants, and Newport Railway Station

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Property History for 20/114 Mason St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$405,000
20 Feb 2024
Listed for Rent
30 Apr 2019
  • 20 Feb 2024
    Sold for $405,000
  • 13 Sep 2023
    Listed for Sale $418,000
  • 30 Apr 2020
    Transferred
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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 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 53 properties listed for sale, and 10 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 280 properties were sold in the past 12 months in Newport.

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