SOLD
Sold on 02 Sep 2024 for $310,000

4/157 Minerva Road
Newtown VIC 3220

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 66m2
Sold By
Maxwell Collins Pty Ltd
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Property Details for 4/157 Minerva Rd, Newtown

4/157 Minerva Rd, Newtown is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 66m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Newtown in the last 12 months.

Building Type
Unit
Year Built
1975
Land Size
66m2
Local Government
Greater Geelong
Lot/Plan
4/RP8404

Last Listing description (September 2024)

Centrally located close to schools, shops and transport this one bedroom unit is just right for those looking to enter the market as first home owners, or alternatively as a sound investment to add or start your portfolio. It comprises a spacious bedroom with built in robes and dresser, an open plan lounge and kitchen with gas heating and cooking and a combined laundry and bathroom. A private courtyard with a small garden shed for extra storage plus access to the remote-controlled garage makes this a real winner. Recently repainted throughout and with new carpet this is a great place to start. Don't let this one pass you by.

Property History for 4/157 Minerva Rd, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$310,000
02 Sep 2024
  • 02 Sep 2024
    Sold for $310,000
  • 25 Jun 2024
    Listed for Sale $345,000 - $375,000
  • 30 Oct 2020
    Transferred
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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 5,771 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 9 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 181 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.