OFF MARKET

21 River Street
Newport VIC 3015

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 755m2
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Last updated 16 Sep 2024
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Property Details for 21 River St, Newport

21 River St, Newport is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 755m2. While the property is not currently for sale or for rent, it was last sold in May 2010.

Building Type
House
Year Built
1950
Land Size
755m2
Local Government
Hobsons Bay
Lot/Plan
396/LP946

Last Listing description (November 2007)

Once in a lifetime...
Take note: opportunities like this one come around once in a blue moon. This property is located within the most desirable part of Newport and is the largest block in the street. With a street frontage of 20meters, the block size is over 750 meters square. The two bedroom home is in need of some attention yet is easily livable. There are many period features such as art deco ceilings and deep dado rails and could easily be beautifully restored. However, the block is large enough to accommodate a substantial development or that dream home you have always wanted. Please register your interest quickly – this opportunity is often sought and rarely found.

Property History for 21 River St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$945,000
15 May 2010
Listed for Rent
$300/w
14 May 2008
  • 15 May 2010
    Sold for $945,000
  • 31 Mar 2008
    Listed for Rent - Price not available
  • 09 Nov 2007
    Sold for $833,014
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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 6,438 properties. Over the last 5 years, Houses in Newport have seen a 14.55% increase in median value, while Units have seen a 8.96% increase. As at 31 August 2024:

  • The median value for Houses in Newport is $1,155,767 while the median value for Units is $748,351.
  • Houses have a median rent of $690 while Units have a median rent of $590.
There are currently 28 properties listed for sale, and 15 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 287 properties were sold in the past 12 months in Newport.

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