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

511 Melbourne Road
Newport VIC 3015

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 511 Melbourne Rd, Newport

Building Type
Commercial
Local Government
Hobsons Bay
Lot/Plan
1/TP563143

Last Listing description (December 2021)

Prime Inner West Location And Main Road Exposure

Located on the very busy Melbourne road in Newport, with close proximity to the West Gate Bridge and the Western Ring Road.
Located only 9kms form Melbourne's CBD district and also a 5 minute walk to Newport station this property is perfect for a number of reasons.

The property also has a rear lane way where access is accessible from Ross Street, this property would be perfect to suit what you put your mind to.

This property has key features such as:
- 400sqm* building area
- Shop Frontage
- Reception/Admin area
- Ample onsite car park
- Tea room/Male and Female amenities
- Front and read Rear roller door access

*approx

Property History for 511 Melbourne Rd, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Transferred
18 Dec 2018
  • 10 Jun 2021
    Listed for Rent - Price not available
  • 24 Sep 2018
    Listed for Rent - Price not available
  • 04 May 2018
    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 11.12% increase in median value, while Units have seen a 8.11% increase. As at 31 December 2025:

  • The median value for Houses in Newport is $1,233,935 while the median value for Units is $771,436.
  • Houses have a median rent of $695 while Units have a median rent of $620.
There are currently 18 properties listed for sale, and 16 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.