2 Saffron StreetNewtown VIC 3220
Property Details for 2 Saffron St, Newtown
2 Saffron St, Newtown is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 323m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Newtown in the last 12 months.
Last Listing description (October 2024)
If you are looking for a home in a prime Newtown position within a stone's throw from Kardinia Park and the thriving Pakington Street shopping precinct, then this lovely 3 bedroom home is an opportunity not to be missed.
It comprises:
- Updated kitchen with new oven
- 2 large bedrooms and a smaller third
- Split system air conditioning and heating
- New bath and shower, 2 toilets
- Open kitchen, dining and living area with polished hardwood floors
- Fantastic north facing BBQ area opening onto the lounge, ideal for BBQ's and outdoor living
- Re-stumped in 2018, new fencing and landscaping
- Set on a corner block on 323m2
This is a lovely low maintenance property suitable for a wide range of uses, including someone wanting to downsize without going to a townhouse or sacrificing on location, would be an ideal short term accommodation investment or would also suit an investor with an eye for further future development. All this and at an attractive, affordable price point makes this one a must to inspect.
Property History for 2 Saffron St, Newtown, VIC 3220
- 10 Oct 2024Sold
- 21 Feb 2024Listed for Sale $785,000
- 21 Jan 2022Listed for Rent $470 / 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 5,771 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.
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