SOLD
Sold on 04 Apr 2024 for $825,000

71 Camden Road
Newtown VIC 3220

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 384m2
Sold By
Adam Farrell
Gartland
Harry Brook
Gartland
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Property Details for 71 Camden Rd, Newtown

Building Type
Commercial
Land Size
384m2
Local Government
Greater Geelong
Lot/Plan
1/LP206737

Last Listing description (October 2024)

Gartland is pleased to present Opacity, Newtown's newest caf, now available for lease!

Located in the bustling heart of Newtown, this caf benefits from a strong residential catchment and significant foot traffic, especially during school drop-off hours.

The owners have transformed a former 1970s Milk Bar into a unique caf space, complete with on-title outdoor dining that enhances the inviting atmosphere.

Fully furnished and featuring a complete kitchen, the space is ready for you to move in.

Property Features:
Opposite Fyans Park Primary School
Servery window
Fully appointed caf kitchen
Fully furnished
On-title outdoor dining
Building Area: 102sqm approx.
Outdoor Area: 28sqm approx.

For more information or to book and inspection, contact us today.

Property History for 71 Camden Rd, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$825,000
04 Apr 2024
Listed for Rent
$805/w
10 May 2024
  • 29 Oct 2024
    Listed for Rent $24,500 / year
  • 04 Apr 2024
    Sold for $825,000
  • 05 Feb 2024
    Listed for Rent $42,000 / year
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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 5,725 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 22 properties listed for sale, and 8 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 182 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.