52 Balcombe Road, Newtown, VIC 3220 | Property Value & History | OnTheHouse
OFF MARKET

52 Balcombe Road
Newtown VIC 3220

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 142m2
Land area: 728m2
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Property Details for 52 Balcombe Rd, Newtown

52 Balcombe Rd, Newtown is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 728m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
1950
Floor Size
142m2
Land Size
728m2
Local Government
Greater Geelong
Lot/Plan
63/LP33845

Last Listing description (July 2018)

On offer is a parcel of prime land of approx.730m2 with a street frontage of 17.07m, depth of 42.67m, rear northerly aspect, no heritage overlay, with approved plans for a two-lot subdivision and construction of two townhouses.
In existence of the land is a 1960's home, comprising three bedrooms, one bathrooms, kitchen, meals and lounge, laundry, single garage. There is opportunity to renovate and extend this dwelling.
The option for construction of the dwellings as per the endorsed plans - Each townhouse is single level and comprises, master with walk in robe and ensuite, guest room with built in robe and ensuite, two further bedrooms with built in robes, main bathroom which includes a bath, open plan kitchen, well appointed with island bench, functional layout and walk in pantry, dining and living overlooking a decked alfresco area. The northerly aspect to this living area of the home is so highly sought, ensuring once the home is constructed, it will appeal to numerous buyers of many demographics. Construction can begin immediately.

With a location within walking distance to the private schools of Newtown, close proximity to Pakington Street cafes, restaurants and shopping precinct, this opportunity for development is on offer and should not be missed.
Please note: Inspections of this property are not limited to open days, please call me to arrange a private viewing at a time convenient to you.

Property History for 52 Balcombe Rd, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$790,000
01 Jun 2018
  • 01 Jun 2018
    Sold for $790,000
  • 15 Feb 2018
    Listed for Sale PRIVATE SALE $775,000 -$825,000
  • 15 Feb 2017
    Sold for $620,000
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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 5,761 properties. Over the last 5 years, Houses in Newtown have seen a 24.06% increase in median value, while Units have seen a 21.59% increase. As at 31 December 2025:

  • The median value for Houses in Newtown is $1,247,293 while the median value for Units is $622,351.
  • Houses have a median rent of $575 while Units have a median rent of $450.
There are currently 14 properties listed for sale, and 8 properties listed for rent in Newtown on OnTheHouse. According to Cotality's data, 280 properties were sold in the past 12 months in Newtown.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.