12 Ardlui DriveNewtown VIC 3220
Property Details for 12 Ardlui Dr, Newtown
12 Ardlui Dr, Newtown is a 4 bedroom, 2 bathroom Unit and was built in 1950. The property has a land size of 883m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom Unit sold in Newtown in the last 12 months.
Last Listing description (November 2024)
Situated in a picturesque riverside enclave of Newtown, this distinctive property offers fantastic investment opportunities or the perfect setting for a large or close-knit extended family. Enjoy the convenience of easy access to the Barwon River's walking trails or bike paths leading to local dining spots.
The main property features a character-filled 4-bedroom home, complemented by two self-contained 2-bedroom units. Spanning an allotment of 883m (approx) with dual frontages, the home is accessible via Ardlui Drive and the units via Ballater Avenue.
This warm and charming home boasts beautiful garden and district views. The light-filled lounge, complete with a built-in gas fire, creates a cozy atmosphere. The French Provincial-style kitchen offers ample storage with stainless steel appliances, including a 900mm electric cooker with gas cooktop, dishwasher and range hood. A sunny west-facing balcony off the meals area provides stunning views of the river and surroundings. The master bedroom includes a walk-in robe and ensuite shower room, while three additional bright bedrooms with built-in robes. The main bathroom is well appointed with porcelain tiles, a bath and a shower. A separate laundry and toilet round out the floor plan. The dining and kitchen areas are serviced by a split system for heating and cooling. A tandem garage with a large workshop and storeroom beneath the house offers potential for further expansion.
The two two-bedroom, one-bathroom brick units, which are currently tenanted, feature open living/kitchen spaces and off-street parking.
This property offers multiple investment scenarios: collect rent from all three dwellings, subdivide (STCA), occupy the home and lease the units, or redevelop the site utilizing both street frontages (STCA). Located within walking distance to the Barwon River, Fyans Park Primary School (zoned) and a short drive to Shannon Avenue shops and the Pakington Street cafe precinct. This unique property presents a rare opportunity in the sought-after Newtown market.
- Versatile Investment, includes a three-bedroom main residence with a study and two two-bedroom self-contained units
- Idyllic location, situated in a picturesque riverside pocket of Newtown
- Dual frontages, property spans 883m (approx), accessible via Ardlui Drive and Ballater Avenue
- Multiple investment scenarios including subdivision (STCA), personal occupancy with unit leasing, or redevelopment (STCA)
Property History for 12 Ardlui Dr, Newtown, VIC 3220
- 22 Aug 2024Sold
- 25 Jul 2024Listed for Sale $1,195,000 - $1,295,000
- 11 Dec 2021Sold for $1,259,000
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About Newtown 3220
The size of Newtown is approximately 5.8 square kilometres. It has 20 parks covering nearly 17.4% of total area. The population of Newtown in 2011 was 9,681 people. By 2016 the population was 10,154 showing a population growth of 4.9% in the area during that time. The predominant age group in Newtown is 10-19 years. Households in Newtown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 69.1% of the homes in Newtown were owner-occupied compared with 69.6% in 2016.
Newtown has 5,709 properties. Over the last 5 years, Houses in Newtown have seen a 39.03% increase in median value, while Units have seen a 17.68% increase. As at 31 October 2024:
- The median value for Houses in Newtown is $1,200,293 while the median value for Units is $556,286.
- Houses have a median rent of $550 while Units have a median rent of $440.
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