131 Wilsons Rd, Newcomb is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. While the property is not currently for sale or for rent, it was last sold in May 2022.
And yes there is a lovely home on it currently let to perfect renters. So the ideal scenario here is to inherit the renters , collect some income and plan for the future to take advantage of the Residential Schedule 2 Zoning. This zoning in a nutshell means you could go 3 stories high and have multiple apartments. This would be ideal given its great proximity to shopping facilities, transport and the city centre not far away. The huge 690 sqm block is just ready for this to maximise its true potential. Having said all of that this would make a very livable home for some years as you take advantage of the obvious capital gains that will continue to grow with such a zone and location. And just maybe you'll make it your family home and not worry about the development. Plenty of choice here.
The size of Newcomb is approximately 3.6 square kilometres. It has 8 parks covering nearly 2.1% of total area. The population of Newcomb in 2016 was 4500 people. By 2021 the population was 4704 showing a population growth of 4.5% in the area during that time. The predominant age group in Newcomb is 20-29 years. Households in Newcomb are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newcomb work in a community and personal service occupation.In 2021, 56.30% of the homes in Newcomb were owner-occupied compared with 59.00% in 2016.
Newcomb has 2,879 properties. Over the last 5 years, Houses in Newcomb have seen a 31.61% increase in median value, while Units have seen a 30.31% increase. As at 30 November 2025:
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