1 Fairmont RoadNewtown VIC 3220
Property Details for 1 Fairmont Rd, Newtown
1 Fairmont Rd, Newtown is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 741m2 and floor size of 85m2.
Last Listing description (April 2012)
UNTOUCHED GEM!
UNRENOVATED 2 BEDROOM WEATHERBOARD HOME ON A LARGE ALLOTMENT OF APPROX 740M2 IN POPULAR NEWTOWN LOCATION. RENOVATE AND EXTEND, BUILD YOUR DREAM HOME OR MULTI UNITS (STCA). LOCATED WALKING DISTANCE TO NEWTOWN SCHOOLS AND BARWON RIVER WALKS MAKES THIS PROPERTY IDEAL FOR YOUNG FAMILIES LOOKING TO ADD VALUE WHILST RETAINING A HUGE BACK YARD. THIS PROPERTY IS ALSO HIGHLY SUITED TO BUILDERS AND INVESTORS LOOKING TO CAPITALIZE IN THIS WONDERFUL PART OF THE MARKET PLACE. THE EXISTING DWELLING ALSO INCLUDES SEPARATE LOUNGE AND KITCHEN, CENTRAL BATHROOM AND LAUNDRY PLUS LOCK UP GARAGE.
Property History for 1 Fairmont Rd, Newtown, VIC 3220
- 08 Oct 2011Listed for Sale $475,000 - $495,000
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About Newtown 3220
The size of Newtown is approximately 5.8 square kilometres. It has 20 parks covering nearly 17.4% of total area. The population of Newtown in 2016 was 10155 people. By 2021 the population was 10445 showing a population growth of 2.9% in the area during that time. The predominant age group in Newtown is 40-49 years. Households in Newtown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newtown work in a professional occupation.In 2021, 69.20% of the homes in Newtown were owner-occupied compared with 69.60% in 2016.
Newtown has 5,760 properties. Over the last 5 years, Houses in Newtown have seen a 15.76% increase in median value, while Units have seen a 14.47% increase. As at 30 April 2026:
- The median value for Houses in Newtown is $1,278,635 while the median value for Units is $634,274.
- Houses have a median rent of $580 while Units have a median rent of $460.
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