56 Sherbourne Terrace, Newtown, VIC 3220 | Property Value & History | OnTheHouse
OFF MARKET

56 Sherbourne Terrace
Newtown VIC 3220

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 87m2
Land area: 133m2
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Property Details for 56 Sherbourne Tce, Newtown

56 Sherbourne Tce, Newtown is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1985. The property has a land size of 133m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Townhouse
Year Built
1985
Floor Size
87m2
Land Size
133m2
Local Government
Greater Geelong
Lot/Plan
3/RP3727

Last Listing description (February 2023)

Nestled in a leafy pocket of prestigious Newtown, this townhouse presents the perfect opportunity for first home buyers, investors, or those seeking a low-maintenance lifestyle.

Upon entry you are greeted by the open plan living/dining/kitchen zone, which features burnished concrete floors and overlooks the tranquil front courtyard. The kitchen is well equipped with an oven/electric cooktop and stainless steel rangehood. A timber staircase leads to the second level, encompassing two generous bedrooms with built-in robes and the main bathroom. Downstairs, the laundry and second toilet complete the layout. A split-system air conditioner and ceiling fans keep you comfortable throughout the seasons.

The north-facing courtyard entices you to relax amongst the tropical gardens, with synthetic turf making maintenance a breeze. Accessed via a rear lane, the remote lock-up carport provides secure parking for one vehicle and additional space for storage.

Located directly opposite the Elderslie Recreation Reserve sporting grounds, this location is simply superb. The Barwon River walking trails are close by for leisurely strolls, while both Shannon Avenue and Pakington Street provide ample options for weekend brunches and shopping sprees. This is also an excellent location for young families, with Manifold Heights Primary School and The Geelong College (Junior and Middle School) within close reach. To top it all off, you can enjoy easy access to the Geelong CBD and Ring Road.

Property History for 56 Sherbourne Tce, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$500,000
25 Jan 2023
Listed for Rent
$350/w
26 Jan 2019
  • 25 Jan 2023
    Sold for $500,000
  • 26 May 2022
    Listed for Sale $550,000 - $580,000
  • 15 Jan 2019
    Listed for Rent $350 / week
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About 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 5,814 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.
There are currently 17 properties listed for sale, and 7 properties listed for rent in Newtown on OnTheHouse. According to Cotality's data, 240 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 3220

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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.