SOLD
Sold on 12 Jun 2024 for $700,000

2/7 Retreat Road
Newtown VIC 3220

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 157m2
Land area: 162m2
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Property Details for 2/7 Retreat Rd, Newtown

2/7 Retreat Rd, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 162m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Newtown in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
157m2
Land Size
162m2
Local Government
Greater Geelong
Lot/Plan
2/PS438094

Property History for 2/7 Retreat Rd, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$700,000
12 Jun 2024
Listed for Rent
$300/w
21 Dec 2007
  • 12 Jun 2024
    Sold for $700,000
  • 21 Dec 2007
    Listed for Rent - Price not available
  • 09 Dec 2006
    Listed for Rent - Price not available
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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 5,771 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 9 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.