35 Challis StreetNewport VIC 3015
Property Details for 35 Challis St, Newport
Last Listing description (October 2023)
- Funky Home /Office
- Unique opportunity to purchase this stylish property on corner frontage.
- Modern workspace comprising of four generous consulting rooms.
- Polished Timber Floorboards
- Security Intercom Entrance
- Easy conversion to residence (STCA) or extend build above (Previous Plans available)
- Vibrant shopping strip with foot traffic at your front door
- Rental potential of $30,000 per annum
- Price range between $670,000 - $700,000
- Valuable business exposure in community precinct
- Buy now as an investment or move in and work straight away.
- Position set for immense growth.
- Mural from local (& international) artist
Property History for 35 Challis St, Newport, VIC 3015
- 19 Oct 2023Sold for $705,500
- 30 May 2023Listed for Sale $670,000 - $700,000
- 26 Feb 2011Sold for $350,000
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0About 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 23.51% increase in median value, while Units have seen a 16.73% increase. As at 31 July 2024:
- The median value for Houses in Newport is $1,207,418 while the median value for Units is $738,295.
- Houses have a median rent of $698 while Units have a median rent of $600.
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