1/462 Melbourne Road, Newport, VIC 3015 | Property Value & History | OnTheHouse
OFF MARKET

1/462 Melbourne Road
Newport VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 151m2
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Property Details for 1/462 Melbourne Rd, Newport

1/462 Melbourne Rd, Newport is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 151m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
Unit
Year Built
1980
Floor Size
75m2
Land Size
151m2
Local Government
Hobsons Bay
Lot/Plan
1/PS715525

Last Listing description (October 2017)

If you are looking to enter the Newport real estate market on a budget then this property should be on your hit list. Recently re-furbished and currently tenanted on a periodic lease for $1434 PCM ($330PW), offers the new owner an opportunity to move in or continue to rent out. Walking distance to the Newport train station, buses, shops, schools and easy access to the Westgate freeway.
- 2 Bedroom with BIR
- Separate lounge room

- 1 central bathroom
- Separate laundry and WC
- Split system reverse cycle A/C
- Off street parking

Property History for 1/462 Melbourne Rd, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$425,000
30 Aug 2017
Listed for Rent
$330/w
16 Feb 2016
  • 30 Aug 2017
    Sold for $425,000
  • 19 Jun 2017
    Listed for Sale $425,000
  • 11 Dec 2015
    Listed for Rent $330 / week
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About Newport 3015

The size of Newport is approximately 5.2 square kilometres. There are 22 parks, covering nearly 15.4% of the total area. The population of Newport in 2016 was 12916 people. By 2021 the population was 13658 showing a population growth of 5.7% in the area during that time. The predominant age group in Newport is 40-49 years. Households in Newport are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Newport work in a professional occupation.In 2021, 69.50% of the homes in Newport were owner-occupied compared with 69.20% in 2016.

Newport has 6,598 properties. Over the last 5 years, Houses in Newport have seen a -6.72% decrease in median value, while Units have seen a -0.55% decrease. As at 31 July 2026:

  • The median value for Houses in Newport is $1,184,315 while the median value for Units is $741,684.
  • Houses have a median rent of $740 while Units have a median rent of $630.
There are currently 24 properties listed for sale, and 7 properties listed for rent in Newport on OnTheHouse. According to Cotality's data, 307 properties were sold in the past 12 months in Newport.

Suburb Insights for Newport 3015

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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.