OFF MARKET

5/49 Challis Street
Newport VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 137m2
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Last updated 11 Nov 2024
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Property Details for 5/49 Challis St, Newport

5/49 Challis St, Newport is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 137m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1960
Floor Size
75m2
Land Size
137m2
Local Government
Hobsons Bay
Lot/Plan
5A/RP3177

Last Listing description (February 2023)

Private and quietly located in a block of only six, simply move in and enjoy this low-maintenance home located in the heart of Newport
A perfect option for first home buyers and investors, with an approximate rental return of $410.00 per week

Offering two well-sized bedrooms, a sparkling central bathroom and an open-plan kitchen, living and dining space, plus a study nook to make working from home easy
Featuring polished floorboards, split-system heating and cooling, stainless steel appliances, stone benchtops and a separate laundry
A large wrap around courtyard is a notable feature providing room for pets or kids and is perfect for entertaining friends and family
A secure lock-up garage further enhances the opportunity to appreciate this property's single level excellence
Park the car and take advantage of Challis Street shops practically on your doorstep, plus a stones throw away from Newport Lakes, cafes, restaurants and easy strolling distance to Newport Village and Railway Station

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Property History for 5/49 Challis St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$620,000
09 Feb 2023
Listed for Rent
$425/w
14 Dec 2016
  • 09 Feb 2023
    Sold for $620,000
  • 24 Jan 2023
    Listed for Sale $600,000 - $640,000
  • 21 Sep 2017
    Sold for $608,000
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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 6,493 properties. Over the last 5 years, Houses in Newport have seen a 7.15% increase in median value, while Units have seen a 6.54% increase. As at 31 October 2024:

  • The median value for Houses in Newport is $1,155,480 while the median value for Units is $761,393.
  • Houses have a median rent of $693 while Units have a median rent of $600.
There are currently 50 properties listed for sale, and 12 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 282 properties were sold in the past 12 months in Newport.

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