2/7 Lancaster Avenue, Newcomb, VIC 3219 | Property Value & History | OnTheHouse
OFF MARKET

2/7 Lancaster Avenue
Newcomb VIC 3219

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 203m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 13 Apr 2026
Low

High
Save

Property Details for 2/7 Lancaster Ave, Newcomb

2/7 Lancaster Ave, Newcomb is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2010. The property has a land size of 203m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Townhouse
Year Built
2010
Floor Size
99m2
Land Size
203m2
Local Government
Greater Geelong
Lot/Plan
2/PS644053

Last Listing description (August 2022)

Light and bright this fresh contemporary two bedroom unit is spacious, immaculately presented and is the ideal downsizer, first home or the perfect investment with fantastic rental yield on offer. Set away from the hustle and bustle in a quiet street, yet within walking distance to the array of Newcomb shopping and amenities, this fantastic unit offers the very best combination of comfort and convenience.

Boasting features rarely seen in low maintenance properties such as a large modern kitchen with plenty of storage, quality floating timber flooring, high square set ceilings, good quality carpets and a large walk-in linen cupboard, the home is modern, functional and every inch of space has been cleverly utilised.
Outside the private courtyard is perfectly positioned to capture the morning sun yet is still particularly private. The main living and kitchen has direct access to the courtyard, ideal for alfresco dining, and the abundance of windows looking out to this area lets in an enormous amount of natural light, illuminating the home.

The single garage is ideally positioned with direct access to inside living space and there is room for off-street parking for your guests.
No matter what your stage of life, if low maintenance living is your priority then this fantastic centrally located unit is great buying with fantastic potential for future growth.

- Possible rental weekly income of $370-$400 per week
- Quality fixtures and fittings
- Open plan with high square set ceilings through out
- Large modern kitchen with plenty of storage
- Stainless steel appliances inc dishwasher
- Timber floating flooring
- Two spacious bedrooms with quality carpets
- Solar hot water system
- Split system heating and cooling
- Single garage with direct access to unit
- Walk-in linen cupboard
- Landscaped sunny courtyard
- Split system heating/cooling
- Walk to Newcomb shopping and amenities
- Close to local schools and public transport

Property History for 2/7 Lancaster Ave, Newcomb, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$490,000
16 Jul 2022
Listed for Rent
$330/w
19 Mar 2019
  • 16 Jul 2022
    Sold for $490,000
  • 30 Jun 2022
    Listed for Sale $475,000-$520,000
  • 05 Mar 2019
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

About Newcomb 3219

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 2,884 properties. Over the last 5 years, Houses in Newcomb have seen a 22.43% increase in median value, while Units have seen a 23.75% increase. As at 31 March 2026:

  • The median value for Houses in Newcomb is $682,211 while the median value for Units is $486,611.
  • Houses have a median rent of $480 while Units have a median rent of $423.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Newcomb on OnTheHouse. According to Cotality's data, 156 properties were sold in the past 12 months in Newcomb.

Suburb Insights for Newcomb 3219

Market Insights
Newcomb Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newcomb Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.