52 Balcombe RoadNewtown VIC 3220
Property Details for 52 Balcombe Rd, Newtown
52 Balcombe Rd, Newtown is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 728m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Last Listing description (July 2018)
On offer is a parcel of prime land of approx.730m2 with a street frontage of 17.07m, depth of 42.67m, rear northerly aspect, no heritage overlay, with approved plans for a two-lot subdivision and construction of two townhouses.
In existence of the land is a 1960's home, comprising three bedrooms, one bathrooms, kitchen, meals and lounge, laundry, single garage. There is opportunity to renovate and extend this dwelling.
The option for construction of the dwellings as per the endorsed plans - Each townhouse is single level and comprises, master with walk in robe and ensuite, guest room with built in robe and ensuite, two further bedrooms with built in robes, main bathroom which includes a bath, open plan kitchen, well appointed with island bench, functional layout and walk in pantry, dining and living overlooking a decked alfresco area. The northerly aspect to this living area of the home is so highly sought, ensuring once the home is constructed, it will appeal to numerous buyers of many demographics. Construction can begin immediately.
Please note: Inspections of this property are not limited to open days, please call me to arrange a private viewing at a time convenient to you.
Property History for 52 Balcombe Rd, Newtown, VIC 3220
- 01 Jun 2018Sold for $790,000
- 15 Feb 2018Listed for Sale PRIVATE SALE $775,000 -$825,000
- 15 Feb 2017Sold for $620,000
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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 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.
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