OFF MARKET

2/8-10 Ballater Avenue
Newtown VIC 3220

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 89m2
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Property Details for 2/8-10 Ballater Ave, Newtown

2/8-10 Ballater Ave, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 89m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1990
Floor Size
68m2
Land Size
89m2
Local Government
Greater Geelong
Lot/Plan
2/RP7424

Last Listing description (March 2023)

A rare entry level opportunity in Geelong's premium suburb of Newtown awaits.

A short stroll away from the Barwon River, minutes to Pakington Street / Shannon Avenue shopping and just 10 minutes to the Geelong CDB this location ticks all the boxes with convenience and lifestyle.

Neat and tidy throughout this home is move in ready. Tucked away in a quiet block, the open light filled living, fair sized bedrooms and private yard makes with home the perfect package as a first home, downsize or investment. Investors will expect an approx. rental return of $330-$360 per week.

Key features:
-Two bedrooms with built in robes
-Light filled living/dining/kitchen
-Private courtyard
-Walking distance to Barwon River
-Minutes to Pakington Street shopping
-10 Minutes to the Geelong CBD
-Spacious bathroom with separate laundry with ample storage
-Potential rental return of $330-$360 per week

Property History for 2/8-10 Ballater Ave, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$430,000
16 Feb 2023
Listed for Rent
$320/w
13 Jan 2021
  • 16 Feb 2023
    Sold for $430,000
  • 26 Jan 2023
    Listed for Sale $400,000 - $440,000
  • 16 Dec 2020
    Listed for Rent $320 / week
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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.