SOLD
RECENT ADVICE
Sold on 04 Nov 2024 for $550,000

5/63 Elizabeth Street
Newport VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 121m2
Sold By
Jellis Craig Inner West Williamstown
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Property Details for 5/63 Elizabeth St, Newport

5/63 Elizabeth St, Newport is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 121m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Newport in the last 12 months.

Building Type
Unit
Year Built
1970
Land Size
121m2
Local Government
Hobsons Bay
Lot/Plan
5/RP439

Last Listing description (October 2024)

Private, appealing, set at the rear of its ideally situated address, this inviting single level unit creates the mood of an entirely individual, independent residence accompanied by attractively low-maintenance outdoor surroundings. Hardwood floorboards are featured throughout a well-designed layout that provides living and dining areas with zones of their own that lead to an open-plan kitchen featuring modern appliances, a fitted dish-washer drawer and stylishly tiled splash-backs. The classic character of two double bedrooms, both with built-in robes, defines the appeal of accommodation that's highlighted by a main bedroom with sliding glass access to a private undercover decked retreat while an updated central bathroom and a separate laundry further enhance the proportions and the personality. A wood burning heater ensures total comfort and an allocated car space adds complete convenience desirably close to Newport Lakes Reserve. A brilliant way to begin, to downsize or to invest - whatever fits best!

Property History for 5/63 Elizabeth St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$550,000
04 Nov 2024
  • 04 Nov 2024
    Sold for $550,000
  • 15 Oct 2024
    Listed for Sale $500,000 - $550,000
  • 12 Jun 2013
    Sold for $375,000
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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 6,505 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.
There are currently 26 properties listed for sale, and 17 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Newport.

Suburb Insights for Newport 3015

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.