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Sold on 31 Jul 2024 for $1,100,000

334 Shannon Avenue
Newtown VIC 3220

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 831m2
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Whitford Property Newtown
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Property Details for 334 Shannon Ave, Newtown

334 Shannon Ave, Newtown is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 831m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Newtown in the last 12 months.

Building Type
House
Land Size
831m2
Local Government
Greater Geelong
Lot/Plan
3/TP908734

Last Listing description (August 2024)

Not available during the scheduled open house? Reach out if youre ready to buy to arrange for your private inspection when suits.

Located centrally to all Newtown offers and positioned on a massive 831m2 (approx) allotment, this C1920s home has endless potential for the new owners to recreate or knock down and build their dream home (S.T.C.A). Offering plenty of space to create the ideal family floorplan and entertainment space, or pool youve always wanted plus REAR ACCESS from Fernery Grove for that huge garage youve dreamed of having.

Neat as a pin, the home currently offers a flexible floorplan of three bedrooms, office (or bedroom), modern bathroom, kitchen with meals nook and a living/dining room. Driveway entry from Shannon Ave to garage and workshop, plus undercover secure parking from the rear via Fernery Grove.

Rent out while planning your renovation or new build /development (STCA) or an astute investor will appreciate the solid growth this convenient area of Newtown provides.

Ideally located for family living, this property sits literally within walking distance to all the local schools including St Josephs College, The Geelong College, Sacred Heart College, the local supermarket, Pakington Street caf precinct and GMHBA Stadium, the home of the mighty Cats! Quick access to the Ring Road for Melbourne commuters.

A rare opportunity in arguably Geelongs most desired suburb.

All information offered by Whitford is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Whitford merely do no more than pass the information on. Use of such material is at your sole risk. Whitford does not have any belief one way or the other as to whether the information is accurate and prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Whitford will not be liable for any loss resulting from any action or decision by you in reliance on the information from Whitford.

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Property History for 334 Shannon Ave, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$1,100,000
31 Jul 2024
  • 01 Oct 2024
    Sold for $1,100,000
  • 04 Jun 2024
    Listed for Sale Not Disclosed

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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.

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