OFF MARKET

3/94 Aphrasia Street
Newtown VIC 3220

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 29m2
Land area: 29m2
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Property Details for 3/94 Aphrasia St, Newtown

3/94 Aphrasia St, Newtown is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1962. The property has a land size of 29m2 and floor size of 29m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1962
Floor Size
29m2
Land Size
29m2
Local Government
Greater Geelong
Lot/Plan
3/RP6062

Last Listing description (March 2022)

Tucked away on 'Poet's Drive' of Aphrasia Street, this immaculate studio residence not only entails a prime position, but a lifestyle that is amidst all of the action and on the doorstep of some of the most prestigious educational institutions Geelong has to offer in Geelong College, Sacred Heart College, and St. Josephs College. The quiet locale is also situated just moments from the iconic Pakington street caf district and restaurants, public transport, whilst only being a couple of minutes drive to the Geelong CBD.

Previously acquiring a return of $170 a night, with the potential for a long-term tenancy collecting $240-$255 a week - this investment is an obvious next step. The property itself comes fully furnished - with an updated kitchen area equipped with quality stainless steel appliances and a modernised bathroom fitted accordingly. Light filled and sun drenched the property features vast picture windows and is complete with a low maintenance and manicured front courtyard space.

Ideally located and suited to those looking to step in to the bustling property market, downsizers or investors looking for a low maintenance and position perfect home with proven rental yield, this unit is sure to be popular.

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Property History for 3/94 Aphrasia St, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$265,000
19 Mar 2022
Listed for Rent
$240/w
19 Feb 2019
  • 19 Mar 2022
    Sold for $265,000
  • 25 Oct 2021
    Listed for Sale $269,000-$289,000
  • 15 Nov 2019
    Sold for $230,000
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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.

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