UNIQUE opportunity for savvy investor in high-growth area
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About this property
The phone enquiry code for this property is - 2824 Expressions of interest now open for a property in Newcomb that hits all the marks. At 604sqm the land layout is a ripe example to split into a two-lot subdivision, as supported by current COGG planning and pre-designation policies. Highly suitable for 2 stage development options, as the house dwelling also offers comfortable living. The 1950's era cottage has benefitted from recent upgrades to kitchen, main bathroom, additional powder/ensuite completed and brand new split system added since last changing hands on the market in 2023. Currently occupied with tenant, lease agreement till January 2027. Option for potential investor to release or extend tenant by arrangement. Long settlement periods up to 90 days available by request.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 604 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Newcomb
This 3-bedroom house in Newcomb, VIC 3219 sits within reach of public transport, local shops and nearby schools.
Schools near Newcomb
- Christ the King Schoolprimary · Prep-6 · CoEd
- Newcomb Primary Schoolprimary · Prep-6 · CoEd
- Newcomb Secondary Collegesecondary · 7-12 · CoEd
What's nearby
- Newcomb Central Shopping Centre/Bellarine Highway (bus) — 54 m away
- Aldi — 114 m away
- Tilly Reserve — 115 m away
- Pitman Street Park — 227 m away
- Hibiscus Park — 325 m away
Newcomb at a glance
Full suburb profile- Population
- 4,704
- Median age
- 40
- Household income
- $1,148/wk
- Median rent
- $320/wk
- Median mortgage
- $1,400/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Newcomb price trend
Median sold · House 3 bed
Compound growth +0.4% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Newcomb marketSide-by-side analysis
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