OFF MARKET

1B Gairloch Grove
Newtown VIC 3220

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 117m2
Land area: 257m2
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Last updated 16 Dec 2024
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Property Details for 1b Gairloch Gr, Newtown

1b Gairloch Gr, Newtown is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2013. The property has a land size of 257m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in December 2015.

Building Type
House
Year Built
2013
Floor Size
117m2
Land Size
257m2
Local Government
Greater Geelong
Lot/Plan
2/PS701846

Last Listing description (September 2018)

This luxury modern property in the sought after Newtown riverside location has now become available. It has 3 good sized bedrooms with electric heaters and recessed blackout blinds. The master suite comprises of a well appointed ensuite with overhead heating and an optional gradually brightening light function for a gentle wakeup. The large walk-in wardrobe contains a full length mirrored wall with built-in drawers, shelves and rails. The other 2 bedrooms also contain built-in mirrored wardrobes and shelving.
The main bathroom features a skylighted double height ceiling as does the separate WC. The laundry area has a built in hamper with wall-to-wall cupboards and a full size sink. There is an exceptional amount of built in storage and powerpoints throughout.
The main living area enjoys speakers in the ceiling with additional speakers at the outdoor entertainment deck. Double glazed argon-gas sliding doors provide full heat and sound insulation. Kitchen appliances are Miele with soft close drawers. There is a video intercom system connected to the front door. The cable internet currently connected has higher speeds than the NBN (tenant to continue if desired).

Two solar panels on the roof operate on a 'feed in' tariff, provide hot water storage and result in lower than expected utility bills. In addition to a gas fireplace, a split-system unit provides heating/AC. A central vacuum system is fitted throughout. The garage has an electronic remote entry system and the property is fully alarmed. A separate back courtyard provides a washing line and bin storage. Viewing highly recommended.

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Property History for 1b Gairloch Gr, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$625,000
07 Dec 2015
Listed for Rent
$550/w
22 Aug 2018
  • 20 Aug 2018
    Listed for Rent - Price not available
  • 07 Dec 2015
    Sold for $625,000
  • 02 Nov 2015
    Listed for Sale $599,000 - $639,000
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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 5,772 properties. Over the last 5 years, Houses in Newtown have seen a 39.11% increase in median value, while Units have seen a 13.66% increase. As at 30 November 2024:

  • The median value for Houses in Newtown is $1,220,132 while the median value for Units is $546,390.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 23 properties listed for sale, and 10 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 181 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 3220

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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.