OFF MARKET

77 Prospect Road
Newtown VIC 3220

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 732m2
Land area: 3933m2
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Property Details for 77 Prospect Rd, Newtown

77 Prospect Rd, Newtown is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1892. The property has a land size of 3933m2 and floor size of 732m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
House
Year Built
1892
Floor Size
732m2
Land Size
3933m2
Local Government
Greater Geelong
Lot/Plan
1/TP119419

Last Listing description (July 2009)

Kirrewur court Geelong's Grandest Mansion
Unique opportunity to purchase one of Geelong's most iconic premises (c1892). Stunning Edwardian architecture, 17 main rooms including original crafted staircase, 2 main function rooms & fully equipped commercial kitchen, imposing entry foyer, many grand period features including massive striking overhead timber beams and hand crafted open fire places.
Currently being used as popular Geelong function centre hosting Weddings, Corporate events, etc, property is being sold on a WIWO basis & is also being sold with all fittings & fixtures necessary to keep operating as a Function/Reception area.

Upstairs features a residence comprising of 4 bedrooms plus study, two bathrooms, two living area, kitchen and dining area.
Zoned residential 1, property lends itself to an array of uses, could continue as popular Kirrewur Court Reception Centre, or transformed back into a private Mansion making this one of Newtown's most prestigious homes, or perhaps consulting rooms? Numerous options, just under an acre of prime Newtown land this really is a once in a life time opportunity to purchase one of Geelongs most prized properties!
Make no mistake, the room for substantial capital growth is every where!!
Additional feature - Built-In Wardrobes.

Property History for 77 Prospect Rd, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$2,100,000
27 Apr 2015
  • 27 Apr 2015
    Sold for $2,100,000
  • 22 Jun 2013
    Listed for Sale $2,250,000 - $2,350,000
  • 17 Mar 2012
    Listed for Sale Not Disclosed
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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.
There are currently 23 properties listed for sale, and 10 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 181 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.