SOLD
RECENT ADVICE
Sold on 23 Sep 2024 for $1,010,000

307 Melbourne Road
Newport VIC 3015

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 307 Melbourne Rd, Newport

307 Melbourne Rd, Newport is a 3 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Newport in the last 12 months.

Building Type
House

Last Listing description (September 2024)

Located in the heart of Newport, enjoy a lifestyle of strolling to cafes, shops, restaurants, Newport Station and The Strand waterfront in just minutes.

This inviting dual level residence delivers a series of well-designed modern spaces which have been meticulously maintained with fresh carpets and painting, ready for the next lucky buyer to call home.

Ground level consists of two spacious bedrooms, a large central bathroom, separate laundry room, and a living space that is accompanied by ample storage and a sink, perfect for a kids retreat, work from home space or entertaining area.

Step out through sliding doors to a substantially sized paved rear backyard that is low-maintenance, ideal for both kids and pets.

Upstairs, a natural, light-filled first level enjoys an open-plan living, dining and kitchen area that overlooks a balcony, plus a large master bedroom with an ensuite and walk-in-robe.

Boasting features such as split system heating and cooling, ducted heating, stainless steel kitchen appliances and lots of storage, this home is the epitome of comfort living all year-round.

A highly desirable double garage at the rear for off-street parking completes the picture for this highly sought-after opportunity.

Set in one of Newport’s finest locations, perfectly suited for first home buyers, wise investors, empty nesters, couples or small families.

Property History for 307 Melbourne Rd, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$1,010,000
23 Sep 2024
Listed for Rent
21 Dec 2016
  • 23 Sep 2024
    Sold for $1,010,000
  • 13 Aug 2024
    Listed for Sale $950,000 - $990,000
  • 14 Dec 2016
    Listed for Rent - Price not available
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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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Michael Harvey
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Tessa Oldani
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Williams Real Estate
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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.