SOLD
Sold on 16 Feb 2024 for $801,000

1/29 Newman Street
Niddrie VIC 3042

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 125m2
Land area: 315m2
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Property Details for 1/29 Newman St, Niddrie

1/29 Newman St, Niddrie is a 3 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 315m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Niddrie in the last 12 months.

Building Type
Unit
Year Built
1950
Floor Size
125m2
Land Size
315m2
Local Government
Moonee Valley
Lot/Plan
1/PS421011

Property History for 1/29 Newman St, Niddrie, VIC 3042

A timeline of how this property has performed in the market
Last Sold
$801,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $801,000
  • 16 Jul 2010
    Sold for $531,000
  • 29 Mar 1999
    Sold for $143,000

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About Niddrie 3042

The size of Niddrie is approximately 1.9 square kilometres. It has 10 parks covering nearly 5.5% of total area. The population of Niddrie in 2011 was 4,874 people. By 2016 the population was 5,455 showing a population growth of 11.9% in the area during that time. The predominant age group in Niddrie is 40-49 years. Households in Niddrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Niddrie work in a professional occupation. In 2011, 76.2% of the homes in Niddrie were owner-occupied compared with 73% in 2016.

Niddrie has 3,154 properties. Over the last 5 years, Houses in Niddrie have seen a 8.96% increase in median value, while Units have seen a 13.83% increase. As at 30 November 2024:

  • The median value for Houses in Niddrie is $1,189,880 while the median value for Units is $756,794.
  • Houses have a median rent of $675 while Units have a median rent of $600.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Niddrie on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Niddrie.

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