SOLD
Sold on 05 Jul 2024 for $660,000

5/3 Hermitage Road
Newtown VIC 3220

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 247m2
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Maxwell Collins Pty Ltd
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Property Details for 5/3 Hermitage Rd, Newtown

5/3 Hermitage Rd, Newtown is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 247m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Newtown in the last 12 months.

Building Type
Unit
Year Built
1977
Floor Size
81m2
Land Size
247m2
Local Government
Greater Geelong
Lot/Plan
5/CS1007

Last Listing description (October 2024)

Well positioned in the heart of Newtown, this bright and beautifully decorated single level unit is suitable for owner occupiers or investors. North facing, with generous proportions throughout, the open plan kitchen/dining/living areas enjoy a leafy outlook onto a quiet complex. The kitchen, which overlooks the private back garden, is well designed with quality fittings and generous storage. The 2 bedrooms with large BIR's share a Jack 'n' Jill bathroom. The single remote garage provides secure entry into the home, and the enclosed backyard features 2 separate alfresco areas within a beautifully established garden and lawn area. Just moments away from Pakington Street's lifestyle advantages and within easy walking access to the CBD, schools and train station, you will absolutely love this home and its location. Just move in and enjoy!

Property History for 5/3 Hermitage Rd, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$660,000
05 Jul 2024
  • 05 Jul 2024
    Sold for $660,000
  • 24 Jun 2024
    Listed for Sale $599,000 - $649,000
  • 30 Sep 2009
    Sold for $290,000
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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 5,736 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.
There are currently 20 properties listed for sale, and 14 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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