215 Aberdeen StreetNewtown VIC 3220
Property Details for 215 Aberdeen St, Newtown
Last Listing description (April 2019)
New 14 year 11 months net lease to Federation Children
Annual 3% rent increases
Two further 14 year 11 month options to 2063
Stunning 1,031 sqm double-storey child care facility licensed for 132 LDC places
Tenant pays all outgoings excluding land tax
Prominent 2,846 sqm corner site in Geelong s most affluent suburb and directly opposite the exclusive Geelong College
Greater Geelong: current resident population of 251,540 with forecast growth of 29% to 325,779 by 2036 (source: profile.id)
New construction with significant income tax saving depreciation benefits
Net Income: $388,865 pa + GST and Outgoings
For Sale by Private Treaty
Property History for 215 Aberdeen St, Newtown, VIC 3220
- 10 Aug 2023Sold for $7,850,000
- 29 Mar 2019Sold for $6,025,000
- 23 Jan 2019Listed for Sale Not Disclosed
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About Newtown 3220
The size of Newtown is approximately 5.8 square kilometres. There are 20 parks, covering nearly 17.4% of the 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 10-19 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 5,763 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.
Suburb Insights for Newtown 3220
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