492 Melbourne Road, Newport, VIC 3015 | Property Value & History | OnTheHouse
OFF MARKET

492 Melbourne Road
Newport VIC 3015

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
Land area: 155m2
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Property Details for 492 Melbourne Rd, Newport

492 Melbourne Rd, Newport is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 155m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2012
Floor Size
97m2
Land Size
155m2
Local Government
Hobsons Bay
Lot/Plan
1/PS648335

Last Listing description (May 2022)

This stylish property combines low-maintenance living with the most convenient of locations, streaming with natural light and has an impressive designer feel throughout
Perfect location within metres of Newport's bustling main strip, offering cafes, shops and Newport Railway Station, plus only a few minutes' drive to the West Gate Freeway offering easy access into the CBD
Two bedrooms with built-in-robes on the ground floor, main with ensuite and a private decked courtyard

Upstairs is a large and light-filled, open-plan modern kitchen, dining and living room, complemented by a big balcony that is perfect for entertaining
Modern central bathroom, powder room and separate laundry, plus an extra decked service courtyard, off-street parking for two cars, one in a single lock-up garage
Featuring lovely solid American Oak timber floors, split-system heating and cooling throughout, Caesarstone benchtops, stainless steel appliances and a large walk-in pantry, this is not one you want to miss!

Property History for 492 Melbourne Rd, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$760,000
16 Apr 2022
Listed for Rent
$500/w
10 Jan 2022
  • 16 Apr 2022
    Sold for $760,000
  • 02 Mar 2022
    Listed for Sale UNDER OFFER
  • 10 Jan 2022
    Listed for Rent $500 / week
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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 6,590 properties. Over the last 5 years, Houses in Newport have seen a 15.25% increase in median value, while Units have seen a 7.20% increase. As at 30 November 2025:

  • The median value for Houses in Newport is $1,224,434 while the median value for Units is $799,488.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 9 properties listed for sale, and 17 properties listed for rent in Newport on OnTheHouse. According to Cotality's data, 368 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.