SOLD
Sold on 13 May 2024 for $612,500

5/4 Pilrig Avenue
Newtown VIC 3220

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 81m2
Land area: 80m2
Sold By
Buxton Highton
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Property Details for 5/4 Pilrig Ave, Newtown

5/4 Pilrig Ave, Newtown is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 80m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Newtown in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
81m2
Land Size
80m2
Local Government
Greater Geelong
Lot/Plan
5/RP13237

Last Listing description (May 2024)

Tucked away in a quiet and secluded pocket of premium Newtown, this well-maintained and neatly presented property represents a wonderful lifestyle or investment opportunity. Superbly positioned in a family friendly cul de sac, within walking distance of the private school precinct, Stinton Avenue shops, all the cafes, restaurants, shopping and amenities of Pakington Street, the Barwon River, GMHBA Stadium, and less than 10 minutes from the CBD and Waterfront, enjoy all the best Newtown has to offer only moments from your doorstep.

Nestled amongst established gardens, the complex enjoys a tranquil atmosphere. On entry, the ground floor living area features split system heating and cooling, exposed brick walls, and a picturesque garden outlook. The first of three bedrooms is on the ground level, and includes walk-in robes, serviced by a bathroom with shower and wc. A large laundry with generous storage accommodates excellent functionality.

Ascending to the staircase to the main living, the light filled open plan layout is bright and inviting, with split system heating and cooling catering for year round comfort. The well-equipped kitchen features quality Bosch appliances including 600mm oven, combination induction and electric cooktop, semi-integrated dishwasher, generous storage, walk-in pantry and breakfast bar seating. The dining and living area open out to a spacious balcony which offers a private space to enjoy the beautiful views with your morning coffee or evening wine. Two further bedrooms on this level include built-in robes and beautiful elevated views, serviced by an updated central bathroom, tastefully presented in classic white and neutral tones, with modern vanity, quality tapware and fittings.

Outside a paved courtyard offers a private and secure space to enjoy the sun, relax or entertain, bordered by established gardens designed for low maintenance upkeep. The single lock up garage includes direct internal entry, with a carport allowing for additional off street parking.

Whether you're looking for lifestyle, investing or downsizing, this is an exceptional opportunity to enter prestigious Newtown at an affordable level. Be quick to inspect!

Property History for 5/4 Pilrig Ave, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$612,500
13 May 2024
  • 13 May 2024
    Sold for $612,500
  • 19 Mar 2024
    Listed for Sale $599,000 - $658,000
  • 09 Mar 1999
    Sold for $126,000
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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 5,737 properties. Over the last 5 years, Houses in Newtown have seen a 43.84% increase in median value, while Units have seen a 26.37% increase. As at 31 August 2024:

  • The median value for Houses in Newtown is $1,232,275 while the median value for Units is $600,668.
  • Houses have a median rent of $540 while Units have a median rent of $440.
There are currently 1 property listed for sale, and 7 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Newtown.

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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.