387 Pakington StreetNewtown VIC 3220
Property Details for 387 Pakington St, Newtown
387 Pakington St, Newtown is a 3 bedroom, 1 bathroom House. The property has a land size of 409m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (June 2023)
This property presents a rare and exciting opportunity to secure a Mixed Use zoned site allowing for either residential or commercial use, positioned in the highly popular river-end of Pakington Street, with cafes, shops and the beautiful Barwon river at your doorstep.
Situated on 408sqm approx. of land with rear access, no easements or heritage overlay. There is endless potential to renovate and extend the character home, redevelop and build a stunning new home or use the property commercially (subject to council approval), the choice is yours!
The Californian bungalow home has an ideal floorplan with potential to create the ultimate contemporary home, featuring sizable rooms throughout, high ceilings, three bedrooms, a living space, kitchen/meals area and a central bathroom. Outside features a backyard with an abundance of scope that can be conveniently accessed via a rear lane.
Enjoy the wonderful lifestyle that the Pakington Street shopping precinct provides, positioned close to Newtown's primary and secondary schools, Kardinia Park, South Geelong Train Station and only a short drive into the Geelong City and waterfront. Don't let this truly rare opportunity pass you by!
Property History for 387 Pakington St, Newtown, VIC 3220
- 11 Mar 2023Sold for $900,000
- 14 Feb 2023Listed for Sale $740,000 - $790,000
- 29 Jun 2013Listed for Rent $185 / week
Recent sales nearby
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0About 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.
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