OFF MARKET

G5/6 Paine Street
Newport VIC 3015

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 104m2
Land area: 3231m2
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Property Details for G5/6 Paine St, Newport

G5/6 Paine St, Newport is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 3231m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2018
Floor Size
104m2
Land Size
3231m2
Local Government
Hobsons Bay
Lot/Plan
5/PS730309

Property History for G5/6 Paine St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$759,000
18 Jun 2022
  • 18 Jun 2022
    Sold for $759,000
  • 14 Dec 2014
    Sold for $685,000

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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 7.04% increase in median value, while Units have seen a 9.45% increase. As at 31 December 2024:

  • The median value for Houses in Newport is $1,163,366 while the median value for Units is $742,271.
  • Houses have a median rent of $690 while Units have a median rent of $600.
There are currently 26 properties listed for sale, and 17 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 302 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.