SOLD
RECENT ADVICE
Sold on 09 Feb 2024 for $1,120,000

6 Melrose Street
Newport VIC 3015

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 424m2
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Property Details for 6 Melrose St, Newport

6 Melrose St, Newport is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 424m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Newport in the last 12 months.

Building Type
House
Land Size
424m2

Last Listing description (February 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

A timeline of how this property has performed in the market
Last Sold
$1,120,000
09 Feb 2024
Listed for Rent
$300/w
27 Nov 2007
  • 19 Jan 2024
    Sold for $1,120,000
  • 11 Dec 2023
    Listed for Sale $1,120,000
  • 16 Jun 2018
    Sold 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 6,505 properties. Over the last 5 years, Houses in Newport have seen a 11.32% increase in median value, while Units have seen a 8.78% increase. As at 30 November 2024:

  • The median value for Houses in Newport is $1,173,436 while the median value for Units is $762,423.
  • Houses have a median rent of $690 while Units have a median rent of $600.
There are currently 28 properties listed for sale, and 16 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 295 properties were sold in the past 12 months in Newport.

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