2/55 Challis Street, Newport, VIC 3015 | Property Value & History | OnTheHouse
OFF MARKET

2/55 Challis Street
Newport VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 1042m2
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Property Details for 2/55 Challis St, Newport

2/55 Challis St, Newport is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1042m2 and floor size of 74m2. 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
74m2
Land Size
1042m2
Local Government
Hobsons Bay
Lot/Plan
2/RP4811

Last Listing description (December 2022)

Private and quietly located in a block of only five, simply move in and enjoy this low-maintenance home located in the heart of Newport
A perfect option for first home buyers and investors, with an approximate rental return of $400.00 per week

Offering two well sized bedrooms with built-in-robes, a neat central bathroom and an open-plan kitchen, living and dining space that boasts plenty of natural light
A paved north-facing courtyard is perfect for entertaining friends and family, plus an undercover barbecue area completes the picture
Featuring polished floorboards, split-system heating and cooling, stainless steel appliances, island breakfast bench and a lock-up shed
Park the car and take advantage of Challis Street shops practically on your doorstep, plus a stones throw away from Newport Lakes, cafes, restaurants and easy strolling distance to Newport village and Railway Station

Property History for 2/55 Challis St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$608,000
05 Aug 2017
Listed for Rent
$400/w
25 Mar 2019
  • 12 Oct 2022
    Listed for Sale $590,000 - $610,000
  • 25 Mar 2019
    Listed for Rent $400 / week
  • 20 Sep 2017
    Listed for Rent - Price not available
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About Newport 3015

The size of Newport is approximately 5.2 square kilometres. It has 22 parks covering nearly 15.4% of 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 6,588 properties. Over the last 5 years, Houses in Newport have seen a 14.70% increase in median value, while Units have seen a 7.75% increase. As at 31 January 2026:

  • The median value for Houses in Newport is $1,265,767 while the median value for Units is $778,537.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 20 properties listed for sale, and 13 properties listed for rent in Newport on OnTheHouse. According to Cotality's data, 366 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.