5/49 Challis StreetNewport VIC 3015
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.
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
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
Property History for 5/49 Challis St, Newport, VIC 3015
- 09 Feb 2023Sold for $620,000
- 24 Jan 2023Listed for Sale $600,000 - $640,000
- 21 Sep 2017Sold 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 6,438 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.
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