OFF MARKET

42 North Road
Newport VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 625m2
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Property Details for 42 North Rd, Newport

42 North Rd, Newport is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 625m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Land Size
625m2
Local Government
Hobsons Bay
Lot/Plan
1/TP299775

Last Listing description (June 2020)

Just when you might have thought all the best opportunities to renovate a desirably situated Newport property had disappeared you discover this! An original two bedroom home surrounded by some 634m2 of ideally positioned land with the significant added attraction of a north facing rear aspect this address conveys irresistible potential throughout the home's proportions, the block dimensions and the lifestyle advantages of the setting!

A functional floor-plan that retains decorative original ceilings in the central living room and the main bedroom includes a basic bathroom and a separate kitchen before revealing the garden's tempting depth. Scope for renovating, SCTA, is further inspired by a side drive that currently arrives at a lock up garage while the appeal of the location ensures your efforts will be rewarded going forward!

Walk in one direction to Newport Park and the water, stroll the other way to Newport station, shops and cafes from every angle this is an opportunity to capture and an invitation to create!

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Property History for 42 North Rd, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$1,140,000
03 Jun 2020
  • 03 Jun 2020
    Sold for $1,140,000
  • 28 Apr 2020
    Listed for Sale $1,250,000

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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 6,438 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.
There are currently 27 properties listed for sale, and 16 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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