50-60 Sherbourne TerraceNewtown VIC 3220
Property Details for 50-60 Sherbourne Tce, Newtown
50-60 Sherbourne Tce, Newtown is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 208m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (January 2022)
This low maintenance residence offers first home buyers, investors or downsizers a chance to get a foothold into the highly desirable Newtown market.
Ideally positioned across from Elderslie Reserve in a quiet tree-lined street, the property is walking distance to some of Geelong's best schools and minutes from the popular Minerva Road and Pakington Street shopping strips. Open plan living on the ground floor features a modern kitchen. The laundry and separate powder room opens through to a generous north-facing courtyard with a double garage with remote controlled access.
Upstairs are two well-proportioned bedrooms with built-in robes and ceiling fans, and a bathroom that services both bedrooms.
Whether you wish to live in or rent out, this is an ideal property. Potential rental is estimated at $400 per week.
For more information on this property text '50 Sherbourne' to 0488 882 220
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Property History for 50-60 Sherbourne Tce, Newtown, VIC 3220
- 22 Dec 2021Sold for $620,000
- 13 Dec 2021Listed for Rent - Price not available
- 15 Nov 2021Listed for Sale $599,000 to $649,000
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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 5,772 properties. Over the last 5 years, Houses in Newtown have seen a 34.68% increase in median value, while Units have seen a 12.58% increase. As at 31 December 2024:
- The median value for Houses in Newtown is $1,206,073 while the median value for Units is $555,502.
- Houses have a median rent of $550 while Units have a median rent of $440.
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