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2 Lancaster Avenue, Newtown VIC 3220

$800,000 - $880,000

Search Band Search Visibility Band

$800k - $850k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 2 Cars 577 m²

Listed: 15 days ago

Overview

This charming character weatherboard home is nestled on a generous 577 sqm corner allotment in the highly sought-after suburb of Newtown, providing a unique opportunity for first-home buyers, investors, and couples aiming to enter the property market. The home's classic facade is marked by a striking arched front porch, setting an inviting tone that blends traditional appeal with comfortable living.

Inside, the property offers three well-sized bedrooms alongside a spacious living area that enjoys the natural bright light filtering through large windows. The kitchen serves as the heart of the home, efficiently planned to cater to everyday needs and casual dining. Adjacent dining and study nooks enhance the flexibility of the layout, allowing residents to adapt the space to their lifestyle demands.

Freshly laid carpets and new flooring throughout add a modern touch to this older home, while a split-system heating and cooling unit ensures year-round comfort. The well-maintained garden spaces, including a private backyard, invite easy outdoor entertaining and relaxation, framed by established greenery and mature trees.

Practical features include a neat bathroom and laundry with direct access outdoors, plus a double garage and off-street parking, making this property ideal for families or downsizers valuing convenience and lifestyle balance. The quiet location, complemented by nearby parks, walking tracks, and a vibrant shopping and dining precinct, supports an active and connected community lifestyle.

Positioned close to reputable schools, public transport options, and the well-established local infrastructure of Newtown, this home offers enduring value and scope for customization. Prospective buyers can capitalize on this corner-block residence's potential to create a welcoming family haven or a solid investment portfolio addition in a thriving neighborhood.

Local Market Insights

In Newtown, Quiet Listings observed 18 new houses entering the market over the last 30 days, unchanged from 18 in the prior period, with an average advertised asking price of $1,543,444. The property type mix of listed properties is predominantly Houses at 60%, followed by townhouses (13%), and apartments (13%). The most active agency for houses in the Newtown area is currently Whitford Property Geelong, representing 33% of new listings, followed by Buxton Real Estate Group with 22%. 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.