52 Blenheim RoadNewport VIC 3015
Property Details for 52 Blenheim Rd, Newport
52 Blenheim Rd, Newport is a 3 bedroom, 1 bathroom House with 8 parking spaces and was built in 1950. The property has a land size of 974m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Newport in the last 12 months.
Last Listing description (October 2023)
The land itself is generously sized, measuring approximately 974sqm, providing ample scope for development. This is a great opportunity for buyers looking to create multi-dwelling townhouses on a deep allotment. The nearby blocks have already been developed in a similar manner, setting a precedent for this property. The location is highly desirable, with schools, parks, and sports facilities within walking distance, and easy access to Mason Street and public transportation. The current home is a classic three-bedroom property with traditional proportions and decorative ceilings. While it is liveable as is, there is potential for improvement or rental income while planning for its next phase, (STCA). The property boasts established front and rear gardens, as well as a side drive and storage space.
Property History for 52 Blenheim Rd, Newport, VIC 3015
- 04 Oct 2023Sold for $1,400,000
- 22 Aug 2023Listed for Sale Under Offer
- 08 Nov 2022Listed for Sale $1,650,000
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0About 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.
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