SOLD
Sold on 10 Feb 2024 for $905,000

86 Farm Street
Newport VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 217m2
Sold By
Village Real Estate
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Property Details for 86 Farm St, Newport

Building Type
Land
Land Size
217m2
Local Government
Hobsons Bay
Lot/Plan
1/TP251121

Last Listing description (February 2024)

Sure to ignite the imaginations of renovators, this two-bedroom period home presents an increasingly rare opportunity to secure a move-in-ready home with exciting potential for transformation and extension (STCA) in this highly coveted pocket of Newport.

Sunny living areas are complemented by a generous north-facing courtyard, while secure off-street parking is a huge advantage in this fabulous leave-the-car-at-home location.

- well-maintained heritage cottage in one of Newport's most sought-after pockets

- move in and live comfortably while you plan a dream renovation and extension (STCA)
- perfect for home buyers and renovators keen to capitalise on the opportunity to buy a ready-for-reno home in a superb lifestyle location
- two bedrooms including master with front garden views and second bedroom with built-in robe
- open-plan living/dining + adjoining rumpus room
- tidy and fully functional older-style kitchen
- bathroom with separate toilet + walk-in laundry
- split-system heating and cooling
- sunny brick-paved courtyard providing low-maintenance outdoor living and easy alfresco entertaining
- secure carport parking via rear laneway access or short 4 min walk to Newport Railway Station
- set up home in a dream Newport location! Grab a superb morning coffee or lunch from Greenwich Deli, just metres from home, or walk to the Hall Street shops to enjoy cafes, wine bar and boutique shopping, services, and the popular Junction Hotel. Newport Village awaits an eight-minute walk from your front door offering every convenience and great community spirit, while proximity to Spotswood Village and Williamstown adds extra lifestyle appeal. Walk to the waterfront to join the Bay Trail, or drive to Williamstown's iconic beach in just seven minutes
- walk to Home Road Kindergarten, local primary schools and children's playgrounds and Digman Reserve as well as Newport athletic track and local gyms
- easy access to Sacred Heart Primary School, Spotswood Primary School and Newport Lakes Primary School
- only 11.1km from the CBD with easy road and rail access from Newport Station, a five-minute walk from home

Property History for 86 Farm St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$905,000
10 Feb 2024
  • 10 Feb 2024
    Sold for $905,000
  • 16 Jan 2024
    Listed for Sale $790,000 - $850,000
  • 01 Oct 1986
    Sold for $53,000

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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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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.