OFF MARKET

4/81 Challis Street
Newport VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 186m2
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Property Details for 4/81 Challis St, Newport

4/81 Challis St, Newport is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 186m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1980
Floor Size
80m2
Land Size
186m2
Local Government
Hobsons Bay
Lot/Plan
4/RP13705

Last Listing description (November 2022)

A fabulous renovated villa unit with a large outdoor area, in a highly desired central Newport location. Nestled at the rear of a boutique block of only four units, the property is instantly appealing and is certain to grab the attention of savvy investors, first home buyers and downsizers alike.

Offering modern spaces that have been beautifully renovated in recent years, the property is spacious and full of light. Wake up in one of two marvellous bedrooms and enjoy the generous and well-designed modern bathroom. The spacious lounge and adjoining dining area flows through to the designer kitchen, which was also one of the recent updates.

A gorgeous low maintenance outdoor entertaining area that captures the north light, plus a beautifully landscaped garden, make this unit very special indeed. You can relax and enjoy your surroundings or entertain with family and friends, the yard runs all the way along the rear of the property and wraps around the side.

Separate laundry, polished timber floors, split system heating and cooling, lock up garage plus room for additional parking in the common driveway.

Located minutes from the local shops, schools, daycare, cafes, the stunning Newport Lakes Reserve, and an easy walk to Newport train station, The Happy Apple, and all the local delights on offer along the Mason St shopping precinct. Sure to be popular.

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Property History for 4/81 Challis St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$615,000
14 Oct 2022
Listed for Rent
$475/w
17 Aug 2021
  • 14 Oct 2022
    Sold for $615,000
  • 03 Aug 2022
    Listed for Sale $600,000 - $640,000
  • 22 Jul 2021
    Listed for Rent $475 / week
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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 33 properties listed for sale, and 20 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 286 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.