47 Russell StreetNewtown VIC 3220
Property Details for 47 Russell St, Newtown
47 Russell St, Newtown is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 854m2 and floor size of 381m2. While the property is not currently for sale or for rent, it was last transferred in October 2011.
Last Listing description (July 2009)
OUTSTANDING DEVELOPMENT SITE
UNDER INSTRUCTIONS FROM THE STATE TRUSTEES LTD. LOCATED ONLY 160 METERS FROM PAKINGTON STREET ARE THESE 2 ORIGINAL SHOP FRONTS WITH AN ADJOINING 2 BEDROOM HOME LOCATED AT THE REAR. THE IMPROVEMENTS ARE IN POOR CONDITION AND MAY SUIT DEMOLITION. THIS PRIME ALLOTMENT WOULD THEN LEND ITSELF TO BE A MAGNIFICENT HOME SITE ADJOINING AN ATTRACTIVE PUBLIC PARK AND PLAYGROUND. ALTERNATIVELY THE SITE MAYBE FURTHER DEVELOPED WITH TOWNHOUSES (STCA) TO TAKE ADVANTAGE OF THE CLOSE PROXIMITY OF THE CAFES AND SHOPS IN PAKINGTON STREET.
LAND: FRONTAGE 15.27 METRES (APPROX) BY DEPTH 43.00 METRES(APPROX). TERMS: 10% DEPOSIT, BALANCE IN 60 DAYS
Property History for 47 Russell St, Newtown, VIC 3220
- 03 Oct 2011Transferred
- 25 Jun 2009Listed for Sale Not Disclosed
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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 5,816 properties. Over the last 5 years, Houses in Newtown have seen a 10.64% increase in median value, while Units have seen a 9.03% increase. As at 30 June 2026:
- The median value for Houses in Newtown is $1,264,551 while the median value for Units is $630,873.
- Houses have a median rent of $590 while Units have a median rent of $463.
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