2/3 Lancaster Avenue

Off Market

2/3 Lancaster Avenue

Newcomb VIC 3219

48.06 m²

Apartment

Last sold for $290,000

Jess Templeton, last sold this property on 02 October 2026 after 32 days on market.

Overview

Low-Maintenance Living with Strong Investment Appeal

Residing just 3km from the Geelong CBD, this one-bedroom unit presents an outstanding opportunity for investors seeking a low-maintenance property in a highly convenient location. Positioned in one of Newcomb's tightly held pockets, the property offers an appealing combination of lifestyle, functionality and strong rental potential. Just a short walk from local shopping and amenities, the home also provides easy access to public transport, quality schools, sporting facilities and everything the surrounding area has to offer. Inside, the light-filled open-plan kitchen, living and dining area provides a comfortable and practical space. The generously sized bedroom features built-in robes, while a separate bathroom and laundry add further convenience. With its own off-street car parking and minimal maintenance requirements, the property is ideally suited to those looking for an easy-care investment. Currently tenanted with a lease in place until March next year, the property offers immediate rental income and is best suited to investors, with vacant possession not available until the conclusion of the current tenancy. Enjoy the convenience of being approximately ten minutes from the Geelong CBD, Waterfront and Botanical Gardens, while benefiting from the established amenities and lifestyle that make Newcomb such a popular choice for both homeowners and investors. With a strong expected rental return of $350 per week and excellent proximity to the city, shopping, transport and recreational facilities, 2/3 Lancaster Avenue represents an exciting opportunity to secure an affordable investment property with plenty of appeal from day one.

Features

1 bedroom

1 bathroom

1 carspace

48.06 m² floor area

Apartment

Estimated Value

We need at least 3 similar 1 bedroom apartments sold in Newcomb over the last 12 months.

Property history for 2/3 Lancaster Avenue

2026

Sold

$290,000

Private Sale/Treaty on 02 Oct 2026 by Jess Templeton, of Geelong Real Estate Co.

2021

Rented

Undisclosed

Leased on 13 Oct 2021 by Stockdale & Leggo Sth Barwon

2021

Sold

$245,000

12 Jul 2021 by David Cortous, of McGrath Geelong | Newtown Estate Agents

Happy sellers in Newcomb

91%

91% of sellers in Newcomb reported that their sale price either exceeded or met their price expectations.

Newcomb stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in Newcomb over the last 12 months.

Local market activity for 1 bedroom apartments in Newcomb

In the last 12 months, 2 one-bedroom apartments similar to 2/3 Lancaster Avenue, have been sold.

This represents a 200% decrease in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Newcomb for a free market appraisal.

Yan Lin

at Hayeswinckle East Geelong

4.9

(532 reviews)

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Tiffany Simpson

at Hayeswinckle East Geelong

4.9

(602 reviews)

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Damian Mahoney

at Mahoney Real Estate

4.8

(95 reviews)

Get a free market appraisal

Egle Skridulis

at McGrath Geelong | Newtown Estate Agents

4.9

(160 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Newcomb

Yan Lin

Sellers who recommend Yan Lin have praised them for being clear communication, local expert, responsive, friendly, supportive, dedicated and honest

4.9 (532 reviews)
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Tiffany Simpson

Sellers who recommend Tiffany Simpson have praised them for being clear communication, local expert, responsive, supportive, friendly, reliable and honest

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Damian Mahoney

Damian Mahoney is a recommended agent for Newcomb. They have 5 local sales and collected 3 local reviews across the last 12 months.

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Egle Skridulis

Sellers who recommend Egle Skridulis have praised them for being clear communication, local expert, responsive, reliable, supportive, honest and friendly