56 Challis Street, Newport, VIC 3015 | Property Value & History | OnTheHouse
OFF MARKET

56 Challis Street
Newport VIC 3015

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Property Details for 56 Challis St, Newport

Building Type
Land
Local Government
Hobsons Bay
Lot/Plan
1/LP978

Last Listing description (April 2025)

Corner this!

- Commercial zone 1 and premier positioned site
- An opportunity to create a multi level multi use flagship development (STCA)
- Measuring 405m2 or 13.4m x 30.1m with ROW access

- Public transport at doorstep close by to parklands and public schools
- Strong local community for future tenancy support
- Flexible selling terms and priced right for imminent sale

Contact Darren Dean on 0412 113 399 or Kelly Spiteri 0438 550 055 for more information

Property History for 56 Challis St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$1,060,000
30 Oct 2021
  • 13 Jan 2025
    Listed for Sale Contact Agent
  • 30 Oct 2021
    Sold for $1,060,000
  • 29 Sep 2021
    Listed for Sale UNDER OFFER
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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 11 properties listed for sale, and 17 properties listed for rent in Newport on OnTheHouse. According to Cotality's data, 369 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.