OFF MARKET

201/342 Melbourne Road
Newport VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
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Property Details for 201/342 Melbourne Rd, Newport

201/342 Melbourne Rd, Newport is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2022. The property has a floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
2022
Floor Size
67m2
Local Government
Hobsons Bay
Lot/Plan
201/PS721131

Last Listing description (October 2024)

Bright light and city sights greet the stylish modern spaces of this exceptional, elevated apartment in a location where prominence and convenience from an irresistible combination. Secure and spacious, featuring polished floors and an efficiently integrated open-plan kitchen, the living/dining reveals terrace dimensions designed for entertainment and enjoyment. Terrace aspects and access also accompany the inviting main bedroom that's complemented by built-in robes while a second bedroom with its own built-in robes adds to the appeal. A modern bathroom fulfils its function with the flair and impressive presentation that are evident throughout. Allocated car parking and a storage unit complete an ideal picture within such easy reach of cafes, shopping, Newport station and the water. Brilliant as a first address, rewarding as an investment and positioned to provide a sensational lifestyle - a property that makes perfect sense from so many points of view. ENTER FROM DAVIES ST

Property History for 201/342 Melbourne Rd, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$630,000
22 Aug 2019
Listed for Rent
$450/w
26 Sep 2022
  • 24 Jul 2024
    Listed for Sale $590,000
  • 10 Aug 2022
    Listed for Rent $450 / week
  • 22 Aug 2019
    Sold for $630,000

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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 6,506 properties. Over the last 5 years, Houses in Newport have seen a 11.32% increase in median value, while Units have seen a 8.78% increase. As at 30 November 2024:

  • The median value for Houses in Newport is $1,173,436 while the median value for Units is $762,423.
  • Houses have a median rent of $690 while Units have a median rent of $600.
There are currently 28 properties listed for sale, and 17 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 297 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.