19/5 Bridge StreetNewtown VIC 3220
Property Details for 19/5 Bridge St, Newtown
Last Listing description (April 2024)
Ray White Highton are excited to offer this Office/Warehouse , positioned in a quality Business Park in this highly sought after Newtown location. Perfectly positioned amongst quality businesses and only moments to the banks of the Barwon River, making this an ideal investment for either an owner occupier or someone seeking a quality Tenant.
Commercial 2 Zoning
Total Floor Area: 292sqm (approx) with kitchenette, toilet & bathroom facilities
Ample Car Parking
Large Office Space's on Mezzanine
Caf across the road
Close to Barwon river
Balyang Golf Course and Balyang Sanctuary in easy walking distance
Property History for 19/5 Bridge St, Newtown, VIC 3220
- 14 Aug 2024Sold for $1,265,000
- 25 Oct 2023Listed for Sale $1,100,000 - $1,200,000 + GST
- 29 Apr 2020Listed for Rent $25,200 / year
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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 5,724 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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