499 Melbourne Rd, Newport is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 491m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom House sold in Newport in the last 12 months.
Position, Potential & Lifestyle on a Prime Corner Allotment
Perfectly positioned in one of Newport's most connected pockets, this classic three-bedroom home presents an outstanding opportunity for families, renovators and developers alike. Occupying a substantial 491sqm (approx.) this corner allotment with exciting future potential (STCA) has valuable dual street frontage and a rear ROW, the possibilities here are as impressive as the location itself.
Comfortable as is, the home offers three generous bedrooms, a central bathroom, multiple living zones and a large double garage with scope to renovate, extend or explore redevelopment opportunities in the future (STCA).
The true appeal lies in the lifestyle and location. Only a short walk to local primary schools: Newport Lakes and Sacred Heart. You are moments away from Newport's vibrant village atmosphere with Mason Street's renowned cafs and eateries and the rapidly evolving Spotswood precinct with recently transformed Hudsons Road shopping and dining strip. There's Newport Lakes Reserve, public transport options, a short walk to Newport Station and bus routes plus a quick drive to Williamstown as well as easy road or train access to Melbourne's CBD and beyond.
Property highlights:
491sqm corner allotment (approx.)
Exciting development and subdivision potential (STCA)
Excellent scope to renovate, extend or rebuild (STCA)
Multiple living and dining zones
Three spacious bedrooms
Central bathroom
Large double garage with additional off-street parking
Minutes to Newport Station and bus route 472 at your doorstep
Walking distance to local primary schools, shopping villages and Newport Lakes Reserve
Easy access to Melbourne CBD, Williamstown waterfront and major arterials
Positioned within a highly sought-after and continually evolving inner-west location
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:
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