347 Shannon AvenueNewtown VIC 3220
Property Details for 347 Shannon Ave, Newtown
347 Shannon Ave, Newtown is a 4 bedroom, 2 bathroom House and was built in 1920. The property has a land size of 1266m2 and floor size of 255m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Last Listing description (April 2025)
Occupying approx. 1266m2 in a prime Newtown location, this residence presents buyers with a world of opportunities. Whether you're interested in the commercial potential or have plans to restore the property back to a grand residential home, the rewards are endless (STCA).
Soaring ceilings and leadlight windows reflect the home's heritage, with the generous living and dining room overlooking the established gardens. The kitchen is equipped with two built-in pantries, a stainless steel dishwasher and 900mm cooking appliances. Four bedrooms (three with built-in robes, one with a north-facing sunroom) are serviced by two bathrooms, while the office completes the layout. Split-system air conditioners provide comfort.
The covered entertaining area provides a spacious setting for relaxed outdoor living and flows onto the leafy backyard. The outdoor building is home to a laundry, powder room and storage area. Accessed via Noble Street, the dedicated parking space accommodates approximately six cars.
Perfectly packaged on a corner allotment, this esteemed location will appeal to businesses and families alike. With Newtown's schools and prestigious colleges virtually on your doorstep, this is an incredible opportunity for schools to secure an additional campus. The Shannon Avenue and Pakington Street shopping precincts are moments away. Enjoy easy access to the tranquil Barwon River and the delights of Queens Park.
Property History for 347 Shannon Ave, Newtown, VIC 3220
- 27 Feb 2025Sold for $1,500,000
- 13 Jan 2025Listed for Sale $1,450,000 - $1,550,000
- 01 Oct 1985Sold for $175,000
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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 5,764 properties. Over the last 5 years, Houses in Newtown have seen a 13.76% increase in median value, while Units have seen a 11.06% increase. As at 31 May 2026:
- The median value for Houses in Newtown is $1,269,771 while the median value for Units is $642,031.
- Houses have a median rent of $585 while Units have a median rent of $460.
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