OFF MARKET

53 Margaret Street
Newport VIC 3015

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 74m2
Land area: 251m2
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Last updated 16 Sep 2024
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Property Details for 53 Margaret St, Newport

53 Margaret St, Newport is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 251m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in September 2003.

Building Type
House
Year Built
2005
Floor Size
74m2
Land Size
251m2
Local Government
Hobsons Bay
Lot/Plan
2/PS415115

Last Listing description (July 2022)

If a tranquil lifestyle is high on your agenda, this home beautifully caters for this priority as Newport Lakes and Paisley Park is very close by.
Highlights:
- Generous open plan living area which seamlessly flows to the sunny kitchen equipped with dishwasher, refrigerator, gas top and electric oven.

- All three bedrooms with built in robes and floor boards throughout.
- Renovated gorgeous bathroom with shower, WC and separate powder room with 2nd WC.
- A sublime entertaining spot, the courtyard provides a relaxed area for Alfresco dining.
- Extra featured: Ducted Heating, Evaporative Cooling, Split System, separate laundry with storage, security shutters, small shed and off street parking to single lock up garage.
The address is further enhanced by a location near Mason Street, Newport station, Circle Shops and cafes.

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Property History for 53 Margaret St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
28 Sep 2003
Listed for Rent
$600/w
23 Jul 2022
  • 24 Jun 2022
    Listed for Rent $600 / week
  • 28 Sep 2003
    Sold

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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.
There are currently 28 properties listed for sale, and 15 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 287 properties were sold in the past 12 months in Newport.

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