327 Shannon AvenueNewtown VIC 3220
Property Details for 327 Shannon Ave, Newtown
Last Listing description (September 2024)
Gartland are pleased to present 327 Shannon Avenue, Newtown, For Sale.
This property presents a remarkable and rare opportunity in an exceptional location. With a building area of 320sqm, this property is ideally suited for businesses seeking a high exposure location along with a comfortable and practical workspace.
Property Features:
Building Area: 320m2 approx.
Land Area: 350m2 approx.
For Sale or Lease
Neighbourhood Residential Zone - Schedule 8
Property History for 327 Shannon Ave, Newtown, VIC 3220
- 04 Jun 2024Sold for $1,300,000
- 03 Jun 2024Listed for Sale Contact Agent
- 19 Jan 2024Listed for Sale Contact Agent
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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 5,724 properties. Over the last 5 years, Houses in Newtown have seen a 39.03% increase in median value, while Units have seen a 17.68% increase. As at 31 October 2024:
- The median value for Houses in Newtown is $1,200,293 while the median value for Units is $556,286.
- Houses have a median rent of $550 while Units have a median rent of $440.
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