56 Buckingham RoadNewtown VIC 3220
Property Details for 56 Buckingham Rd, Newtown
Last Listing description (April 2021)
A rare opportunity presents in ever-popular Newtown with this smart block comprising approximately 302sqm of land and is ready to build. Plans and permits are stamped and ready to go for an architecturally designed four bedroom home and is perfect for the owner occupier looking to put their own stamp in Newtown. It is ideal for the builder or developer looking for a project to start right away in a high capital growth location, that will realize a very healthy profit. Located in the beautiful Barwon River precinct close to all amenities including shops and the very best private schools in the region.
- Perfectly located and ready to build
- Stamped architectural plans for four bedroom dwelling
- Ideal for the builder/developer looking for an easy project now
- Close to the Barwon River and private schools
Property History for 56 Buckingham Rd, Newtown, VIC 3220
- 17 Apr 2021Sold for $430,000
- 11 Mar 2021Listed for Sale $395,000 - $434,000
- 21 Apr 2020Sold for $340,000
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0About 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 5,781 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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