4/508 Melbourne Road, Newport, VIC 3015 | Property Value & History | OnTheHouse
OFF MARKET

4/508 Melbourne Road
Newport VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 972m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 3 Aug 2026
Low

High
Save

Property Details for 4/508 Melbourne Rd, Newport

4/508 Melbourne Rd, Newport is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 972m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Year Built
1970
Floor Size
55m2
Land Size
972m2
Local Government
Hobsons Bay
Lot/Plan
4/RP12944

Last Listing description (November 2024)

This property is located in the heart of Newport, offering a perfect blend of comfort and convenience. Upon entry, you're greeted by an inviting open lounge room featuring warm floorboards and an electric heater, creating a cosy ambiance perfect for relaxation or entertaining guests. The space flows seamlessly into two generously sized bedrooms, each adorned with plush carpeting and convenient built-in wardrobes, providing ample storage solutions.

The kitchen boasts functionality and versatility, equipped with an electric stove and oven, along with a small but versatile bench ideal for meal preparation or doubling up as a breakfast bar or dining table. The tiled central bathroom is both practical and stylish, featuring a single vanity, shower over bath, and toilet. Outside, off-street parking is provided by a single carport, ensuring hassle-free accommodation for your vehicle.

Built in the 1970's, this home exudes timeless appeal and character, providing a solid foundation for your future endeavours.

Situated in a prime location, this property offers easy access to the Newport Station, making commuting a breeze. Convenient access to the CBD via Melbourne Road and the West Gate Freeway. Additionally, you'll find yourself just moments away from cafes and restaurants, perfect for indulging in delicious meals or catching up with friends.

Property History for 4/508 Melbourne Rd, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$290,500
05 Mar 2024
Listed for Rent
$350/w
10 Apr 2024
  • 03 Apr 2024
    Listed for Rent $350 / week
  • 05 Mar 2024
    Sold for $290,500
  • 22 Feb 2024
    Listed for Sale $240,000 - $260,000
Sign in to see more transactions
Commute Calculator

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 6,597 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 22 properties listed for sale, and 8 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

Market Insights
Newport 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
Newport 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.