SOLD
Sold on 07 Oct 2023 for $755,000

48 Severn Street
Newport VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 118m2
Land area: 277m2
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Property Details for 48 Severn St, Newport

48 Severn St, Newport is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 277m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom House sold in Newport in the last 12 months.

Building Type
House
Year Built
2004
Floor Size
118m2
Land Size
277m2
Local Government
Hobsons Bay
Lot/Plan
2/PS537069

Last Listing description (October 2023)

Fantastic for first time buyers, desirable for downsizers, ideal for investors - this single level home holds huge appeal from every perspective.

The natural attraction of a north-facing rear aspect means the living/dining area's inviting spaces are beautifully bright while timber floors, a distinctive feature wall and an open-plan kitchen with an island bench and stainless steel appliances add to the allure.


2 bedrooms, 1 with a walk-in robe, surround the semi ensuite central bathroom of a design that includes a convenient separate laundry.

Heating/cooling, secure internally accessed garage and low-maintenance outdoor surroundings complete a property perfectly situated to enjoy Challis Street's shops, Newport Gardens Primary School and proximity to Newport Lakes Reserve and Mason Street.

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Property History for 48 Severn St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$755,000
07 Oct 2023
Listed for Rent
$430/w
15 Mar 2016
  • 07 Oct 2023
    Sold for $755,000
  • 22 Aug 2023
    Listed for Sale $720,000 - $790,000
  • 01 Mar 2016
    Listed for Rent $430 / 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 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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