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Sold on 10 Oct 2024 - Price Unavailable

2 Saffron Street
Newtown VIC 3220

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 323m2
Sold By
Kardinia Property
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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.

Building Type
House
Floor Size
103m2
Land Size
323m2
Local Government
Greater Geelong
Lot/Plan
1/TP84734

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

- Large garage with extra storage and roller door access to backyard
- 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

A timeline of how this property has performed in the market
Last Sold
10 Oct 2024
Listed for Rent
$470/w
31 Jan 2022
  • 10 Oct 2024
    Sold
  • 21 Feb 2024
    Listed for Sale $785,000
  • 21 Jan 2022
    Listed 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 5,712 properties. Over the last 5 years, Houses in Newtown have seen a 44.96% increase in median value, while Units have seen a 17.27% increase. As at 30 September 2024:

  • The median value for Houses in Newtown is $1,234,241 while the median value for Units is $556,047.
  • Houses have a median rent of $550 while Units have a median rent of $430.
There are currently 17 properties listed for sale, and 15 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 177 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.