6 Melrose StreetNewport VIC 3015
Property Details for 6 Melrose St, Newport
Last Listing description (April 2024)
How refreshing! A bright, cheery home in a quiet tree lined street with loads of versatility to adapt to your family and work from home needs and all at a price that won't send the bank lenders running. Here's a great opportunity to enter the market in ever growing Newport and enjoy the property just as it is without the need for expensive alterations and renovations. Three internal bedrooms are serviced by a gorgeous bathroom while a huge fourth bedroom or home office with its own bathroom sits apart in the large grassy back yard. Two distinctly separate living areas add to the flexibility of how you might enjoy your time. Add to that a large, connected undercover outdoor zone plus off street parking, a big solid shed, evaporative cooling, ducted heating, double glazed windows and you've got the lot in a very attractive parcel.
Property History for 6 Melrose St, Newport, VIC 3015
- 19 Jan 2024Sold for $1,120,000
- 11 Dec 2023Listed for Sale $1,120,000
- 16 Jun 2018Sold for $950,000
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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 6,509 properties. Over the last 5 years, Houses in Newport have seen a 3.17% increase in median value, while Units have seen a 6.30% increase. As at 28 February 2025:
- The median value for Houses in Newport is $1,156,504 while the median value for Units is $744,044.
- Houses have a median rent of $680 while Units have a median rent of $600.
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