OFF MARKET

332 Pakington Street
Newtown VIC 3220

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 377m2
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Property Details for 332 Pakington St, Newtown

Building Type
Commercial
Land Size
377m2
Local Government
Greater Geelong
Lot/Plan
2/TP895458

Last Listing description (February 2021)

- Dominant retail / commercial premises

- Ground floor area: 303m2*

- Plus first level studio: 159m2* (separate access)

- Rear access & car parking

- Suited to various retail /commercial uses

- Surrounded by strong tenants including: Winters Cafe, Burger Inc, The Village Store, Decjuba, Decjuba Kids, Seed Heritage, Seed Heritage Kids, Rip Curl, Tinky Boutique, Lululemon Athletica, Jaggers Closet, Uglisista, Bank of Queensland and Australia Post

- Zoning: Commercial 1

*Approx.

Property History for 332 Pakington St, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$3,115,500
04 Oct 2023
Listed for Rent
$2.75k/w
27 Jan 2021
  • 04 Oct 2023
    Sold for $3,115,500
  • 13 Nov 2020
    Listed for Rent - Price not available
  • 13 Aug 2018
    Listed for Rent - Price not available
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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 5,715 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 16 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 176 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.