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Overview
Set on a manageable 306m² block in a well-regarded pocket of Newport, this solid brick residence offers an inviting opportunity for homeowners and investors alike. The home is currently comfortable for immediate living but also holds significant potential for renovation, extension, or redevelopment projects, subject to local council approvals.
The property's practical layout includes three bedrooms and a central bathroom, which suits a range of occupants from first-home buyers to small families or investors seeking rental appeal. Year-round comfort is assured with heating and cooling systems integrated within the home.
Functionality extends outdoors with off-street parking for two vehicles, an important convenience in this sought-after area. Additionally, the property's location places residents moments from Williamstown’s vibrant shops, cafes, and parks, enhancing lifestyle choices. Proximity to public transport also makes commuting to the city straightforward for professionals and commuters.
- Solid brick construction provides a durable foundation with scope for contemporary updates.
- Three bedrooms offer flexible living arrangements.
- Heating and cooling ensure comfort across seasons.
- Off-street parking for two vehicles enhances convenience.
- Great potential for renovation or redevelopment (STCA) to create a personalized living space or investment.
- Close to amenities and public transport, supporting a balanced urban lifestyle.
This property stands out as an appealing canvas for those looking to enter the Newport market or build future equity in a convenient and desirable location. Its blend of immediate usability with future potential makes it a worthy consideration for a variety of buyers.
Local Market Insights
In Newport, Quiet Listings observed 22 new houses entering the market over the last 30 days, up from 21 during the previous 30-day period, with an average advertised asking price of $1,228,636. The property type mix of listed properties is predominantly Houses at 59%, followed by townhouses (30%), and units (5%). The most active agency for houses in the Newport area is currently Jellis Craig, representing 36% of new listings, followed by Williams Real Estate with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.