5/3 Lancaster AvenueNewcomb VIC 3219
Property Details for 5/3 Lancaster Ave, Newcomb
5/3 Lancaster Ave, Newcomb is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1970. The property has a land size of 49m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (March 2022)
Residing only minutes from the Geelong CBD, in one of Geelong's most tightly held areas and just a short walk from local shopping centers, this property is an incredible investment or opportunity to occupy without the large price tag!
With its own off-street car parking, open-plan living space, large built in robe and a projected rental return of $250 - $270 per week, Inspect now before it's gone!
- Open plan kitchen, living and dining area
- Quick access to public transport, quality schools and sporting facilities
- Ten minutes to Geelong CBD, Waterfront and Botanical Gardens
Based on five years of sales, Newcomb has seen a compound growth rate of 12.4% for houses and 11.7% for units.
Property History for 5/3 Lancaster Ave, Newcomb, VIC 3219
- 15 Feb 2022Sold for $245,000
- 17 Nov 2021Listed for Sale CONTACT AGENT
- 28 Aug 2017Listed for Rent $190 / week
Recent sales nearby
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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 2,883 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.
Suburb Insights for Newcomb 3219
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