43 Oakbank StreetNewport VIC 3015
Property Details for 43 Oakbank St, Newport
43 Oakbank St, Newport is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 582m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 5 bedroom House sold in Newport in the last 12 months.
Last Listing description (December 2024)
The most adaptable address, featuring two entirely self-contained living/dining domains, this uniquely flexible home of up to five bedrooms and three bathrooms creates a superb opportunity in an ideal setting where upstairs views stretch across the water to St Kilda.
• Huge five bedroom, three bathroom family home
• Split residences offering a dual income opportunity
• Rear property comprised of two bedrooms and two bathrooms
• Exceptional investment potential, outstanding upside
• Approved plans and permits for a Tina Lindner designed home
• Substantial land size of approximately 582sqm
• Close to Douglas Parade, The Strand and all Williamstown has to offer
Property History for 43 Oakbank St, Newport, VIC 3015
- 19 Dec 2024Sold for $1,880,000
- 16 Oct 2024Listed for Sale $1,700,000 - $1,800,000
- 23 Jul 2023Listed for Rent $610 / 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 6,505 properties. Over the last 5 years, Houses in Newport have seen a 7.04% increase in median value, while Units have seen a 9.45% increase. As at 31 December 2024:
- The median value for Houses in Newport is $1,163,366 while the median value for Units is $742,271.
- Houses have a median rent of $690 while Units have a median rent of $600.
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