5/1 Helms St, Newcomb is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 154m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Set on the edge of Newcomb, close to Corio Bay and with easy access to the CBD and Eastern Gardens & Beach, this location is undergoing a massive growth phase. Get into the market at this affordable level while you can. The property is a front unit in a block of 8, so Owners Corp fees are relatively low and would provide an excellent rental return of approx. $350 per week.With a northerly aspect and abundant natural light the unit offers open plan living with separate dining space, U-Shaped kitchen with as new upright cooker. There's a gas wall furnace and split system for heating & cooling too.The 2 bedrooms have built in robes and are generous in size. The bathroom has shower recess, bath, vanity and there's a separate toilet. The spacious laundry opens out to a private paved courtyard and has internal access from the remote single garage, set on 154m2, it includes a shared 2nd car park space between each unit.Overall the unit is in excellent condition and is part of a well maintained complex ensuring excellent future growth. Call today for more information.
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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 2,882 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:
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