55 Newman StreetThornbury VIC 3071
Property Details for 55 Newman St, Thornbury
55 Newman St, Thornbury is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 592m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (September 2023)
This outstanding development site of 592sqm (Approx.) in Thornbury offers a unique opportunity for builders/developers with endorsed plans for two luxury residences.
The approved plans include two 26sq (approx.) homes that consist of 4 bedrooms, 2 bathrooms, powder room, study, two living zones, lock up garage and balcony with city views.
A short stroll to Mayer Park and Northcote Golf Course, it's also close to Normanby Road buses, St Georges Road trams, Thornbury Station, as well as local schools (zoned to Northcote High School & Brunswick East Primary), Miller Street and High Street cafes and shops.
Property History for 55 Newman St, Thornbury, VIC 3071
- 20 Jul 2023Listed for Sale $1,200,000 - $1,290,000
- 27 May 2021Sold for $1,165,000
- 24 May 2021Listed for Sale $1,100,000 to $1,200,000
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About Thornbury 3071
The size of Thornbury is approximately 5.1 square kilometres. It has 26 parks covering nearly 13.6% of total area. The population of Thornbury in 2011 was 17,433 people. By 2016 the population was 18,543 showing a population growth of 6.4% in the area during that time. The predominant age group in Thornbury is 30-39 years. Households in Thornbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornbury work in a professional occupation. In 2011, 56.3% of the homes in Thornbury were owner-occupied compared with 53.6% in 2016.
Thornbury has 11,339 properties. Over the last 5 years, Houses in Thornbury have seen a 22.13% increase in median value, while Units have seen a 20.95% increase. As at 31 October 2024:
- The median value for Houses in Thornbury is $1,489,735 while the median value for Units is $684,703.
- Houses have a median rent of $720 while Units have a median rent of $480.
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