SOLD
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Sold on 19 Jul 2024 for $890,000

74 Speight Street
Newport VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 74 Speight St, Newport

74 Speight St, Newport is a 2 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Newport in the last 12 months.

Building Type
House
Local Government
Hobsons Bay
Lot/Plan
316/LP729

Last Listing description (July 2024)

Introducing 74 Speight Street, a hidden gem in the heart of Newport!

This original two-bedroom, one-bathroom residence beckons you to reimagine your ideal home or explore subdivision potential (STCA). Boasting approximately 343sqm of land, this property offers a canvas for your vision to flourish.

Situated in the vibrant suburb of Newport, enjoy the perfect fusion of tranquillity and convenience. Just moments from picturesque parks, esteemed schools, and bustling shopping precincts, every amenity is at your fingertips.

Step inside to discover the untapped charm and versatility this home provides. With its spacious layout and a generous backyard offering endless outdoor possibilities, the potential is boundless.

Whether you're a first-time buyer ready to make your mark or a savvy investor seeking promising prospects, now is the time to seize the opportunity and make your mark on 74 Speight Street.

Property History for 74 Speight St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$890,000
19 Jul 2024
  • 19 Jul 2024
    Sold for $890,000
  • 15 May 2024
    Listed for Sale $870,000 - $930,000
  • 23 Nov 2004
    Sold for $275,000
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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 6,494 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 51 properties listed for sale, and 10 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 286 properties were sold in the past 12 months in Newport.

Suburb Insights for Newport 3015

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Katie Smith
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Harry Logos
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Williams Real Estate
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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.