SOLD
Sold on 04 Jun 2024 for $825,000

89A Skene Street
Newtown VIC 3220

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 116m2
Land area: 306m2
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Property Details for 89a Skene St, Newtown

89a Skene St, Newtown is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1930. The property has a land size of 306m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Newtown in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
116m2
Land Size
306m2
Local Government
Greater Geelong
Lot/Plan
2/PS745175

Last Listing description (August 2024)

If you are looking for chic living in blue chip Newtown then this well-maintained, renovated shop conversion on its own block is a must to inspect, It's location provides easy access to Newtown schools, central Geelong, the ring road and all amenities.

Originally a shop front, it has been converted into a character residence comprising 2 large bedrooms (one with large walk in robe), large open plan living zone along with second living/study space. High ceilings and wooden floorboards provide a warm, modern feel. It has previously been used as an air b&b and is ready for the fussy owner to move straight in. It's also perfect as a low maintenance central base in Geelong.

It is set on 306m2 and the undercover outdoor entertaining area is complete with outdoor shower/bath creating a beautiful, private space to relax. The large flat backyard offers further building options as well as parking for multiple vehicles along with easy access via the electric gate.

Suitable for a multitude of uses including owner occupancy or investment, and wont last for long at this price. To arrange an inspection please call 5292 8084.

Property History for 89a Skene St, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$825,000
04 Jun 2024
Listed for Rent
$500/w
02 May 2023
  • 04 Jun 2024
    Sold for $825,000
  • 10 Apr 2024
    Listed for Sale $850,000
  • 05 Oct 2023
    Listed for Sale $950,000
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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 5,771 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 9 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.