23 Beaconsfield St, Newport is a 7 bedroom, 3 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 936m2 and floor size of 209m2. While the property is not currently for sale or for rent, it was last sold in January 2020.
Discover an extraordinary investment opportunity in the heart of Newport, with this recently renovated 1950's apartment block boasting three units. Situated on a spacious 936sqm parcel of land, this property offers excellent potential for future growth and enhancements. Conveniently located, it provides easy access to Newport Village, making it an attractive prospect for investors.
Features:
Unit 1 - 3 bedrooms, 1 bathroom, double lockup garage
Generating an approximate annual income of $112,000 gross, this property promises an established income stream, making it an ideal investment opportunity. The units' generous proportions ensure good returns and present a chance to capitalise on future improvements.
Outgoings:
Council Rates: $2939.32 per annum
Water Rates: $2,064.84 per annum
All quoted areas/measurements are approximations, and interested parties must conduct their own research for accurate information.
The size of Newport is approximately 3.8 square kilometres. There are 21 parks, covering nearly 9.6% of the total area. The population of Newport in 2016 was 9301 people. By 2021 the population was 9659 showing a population growth of 3.8% in the area during that time. The predominant age group in Newport is 50-59 years. Households in Newport are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newport work in a professional occupation.In 2021, 75.70% of the homes in Newport were owner-occupied compared with 74.20% in 2016.
Newport has 4,576 properties. Over the last 5 years, Houses in Newport have seen a -13.83% decrease in median value, while Units have seen a -7.65% decrease. As at 31 August 2026:
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