3/53 Bay Rd, New Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 99m2 and floor size of 100m2.
One of four units, number 3/53 Bay Road provides a wonderful opportunity for a buyer to stamp with their own foot print and comes with a multitude of possibilities.
The entry to this unit is so expansive that it is a room in itself and stretches all the way to the back wall of the property. Both sides of this hall access the bedroom/s, study, bathroom and large kitchen.
The current Owners are currently undergoing individual strata title approvals and have had plans drawn for the home with four different options available to interested parties for perusal. The architectural plans provide options for two or three bedrooms depending on individual circumstances, budgets and requirements.
The size of New Town is approximately 4.0 square kilometres. There are 8 parks, covering nearly 9.3% of the total area. The population of New Town in 2016 was 6122 people. By 2021 the population was 6781 showing a population growth of 10.8% in the area during that time. The predominant age group in New Town is 20-29 years. Households in New Town are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Town work in a professional occupation.In 2021, 56.80% of the homes in New Town were owner-occupied compared with 57.40% in 2016.
New Town has 3,096 properties. Over the last 5 years, Houses in New Town have seen a 13.74% increase in median value, while Units have seen a 6.33% increase. As at 31 May 2026:
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