40 Balcombe RoadNewtown VIC 3220
Property Details for 40 Balcombe Rd, Newtown
40 Balcombe Rd, Newtown is a 1 bedroom, 0 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 713m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (January 2021)
Set on an allotment of some 713m2 (approx.) in Newtowns river precinct, sits this excellent brick home.
For those wanting to roll up their sleeves and seize a great opportunity to build equity in what is arguably the most evolving pocket of Geelong, this property offers value to investors, developers and owner-occupiers alike. Comprised of;
Two huge living areas, a large carpeted front lounge room and an open-plan kitchen,
Three bedrooms all with built in robes
Neat bathroom with bath and separate W/C
Walking distance to cafes, the Barwon River and sports fields
In an area where most homes are on the market for days not weeks, this is your chance to make your mark. Develop (STCA), lease it out or call it home the choice is yours.
At Wilsons we are conscious of playing our part in reducing the spread of COVID-19. We will therefore be conducting our property inspections using best practice sanitary measures to ensure everyones safety. We can also arrange a virtual tour of the home if that better suits. Contact us today.
Property History for 40 Balcombe Rd, Newtown, VIC 3220
- 25 Nov 2020Sold for $777,000
- 09 Nov 2020Listed for Sale Under Contract
- 07 Dec 2013Listed for Rent $320 / week
Recent sales nearby
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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 5,777 properties. Over the last 5 years, Houses in Newtown have seen a 22.85% increase in median value, while Units have seen a 16.09% increase. As at 28 February 2026:
- The median value for Houses in Newtown is $1,275,365 while the median value for Units is $623,412.
- Houses have a median rent of $575 while Units have a median rent of $460.
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