18 Cumberland StreetNewtown VIC 3220
Property Details for 18 Cumberland St, Newtown
18 Cumberland St, Newtown is a 4 bedroom, bathroom Unit and was built in 2012. The property has a land size of 756m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (February 2020)
Set upon approx. 757m2, this property offers the ultimate investment opportunity in Newtown. All four units are currently tenanted, while this sensational location places you within walking distance to local cafes, shops, and Newtown's prestigious schools.- Walk to public transport, Kenwith Park, Gold Diggers Arms- Moments to both Pakington Street and Shannon Avenue- Close access to the Geelong Train Station and Geelong CBD- Each 1-BR unit features a generous living/dining area- Original kitchen equipped with cooking appliances- Combined bathroom/laundry with separate toilet- Secure courtyard boasts a generous lawn area - Single carport provides parking via Brunswick Street - A storage shed completes the low-maintenance property- Potential to also build your dream home in Newtown (STCA)
Property History for 18 Cumberland St, Newtown, VIC 3220
- 30 Nov 2019Sold for $1,210,000
- 30 Nov 2019Sold
- 14 Nov 2019Listed for Sale $950,000 - $1,040,000
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0About 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 5,715 properties. Over the last 5 years, Houses in Newtown have seen a 44.96% increase in median value, while Units have seen a 17.27% increase. As at 30 September 2024:
- The median value for Houses in Newtown is $1,234,241 while the median value for Units is $556,047.
- Houses have a median rent of $550 while Units have a median rent of $430.
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