OFF MARKET

501 Melbourne Road
Newport VIC 3015

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 116m2
Land area: 345m2
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Property Details for 501 Melbourne Rd, Newport

501 Melbourne Rd, Newport is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1915. The property has a land size of 345m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1915
Floor Size
116m2
Land Size
345m2
Local Government
Hobsons Bay
Lot/Plan
1/TP685647

Last Listing description (February 2024)

The prominence and the convenience of this free-standing Edwardian's position are matched by the appeal of its proportions and the exceptional added advantage of a triple carport. Speaking of triple - three double bedrooms that convey outstanding character beneath their high period ceilings set the scene for a bright living/dining area and a kitchen where timber tones, stainless steel appliances and vivid splash-backs deliver irresistible vibrancy. An equally impressive theme defines the designer bathroom while the style and substance of the deck deliver outdoor enjoyment. Rustic floorboards, perfect presentation - and the carport - complement a home offering ideal proximity to the shops and cafes of Newport and Spotswood, within easy reach of the CBD and the beach at Williamstown. Brilliant.

Property History for 501 Melbourne Rd, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$1,100,000
12 Nov 2021
Listed for Rent
27 Feb 2024
  • 15 Feb 2024
    Listed for Rent $675 / week
  • 12 Nov 2021
    Sold for $1,100,000
  • 18 Oct 2021
    Listed for Sale $960,000 - $1,050,000
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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 10 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 283 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.