Back 2/359 Shannon Ave
Off Market

2/359 Shannon Ave

Newtown VIC 3220

2
1
1
Unit
Last sold for $269,000
Amanda FrickAmanda Frick, last sold this property on 13 November 2016 after 37 days on market.

Overview

Hot Opportunity

This modern apartment offers easy low maintenance lifestyle. Featuring two spacious bedrooms with built in robes, open plan living, stylish modern kitchen with electric oven, dishwasher and ample cupboard space, lounge room with air conditioning, separate well-appointed laundry and new carpet throughout. Outside offers a private courtyard, open common lawn area and a single garage with rear lane access. This well presented apartment is awaiting your inspection. Currently leased to a fantastic tenant for $250 per week until April 2017. This is the ideal investment opportunity!

Features

2 bedrooms
1 bathroom
1 carspace
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Newtown over the last 12 months, the estimated median property value of 2/359 Shannon Ave is $560.5k.

Median value
$560.5k
Estimated value range
$420k - $675k
Median days on market
29
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newtown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/359 Shannon Ave

2023
Rented
Undisclosed
Leased on 02 Apr 2023 by Gartland
2016
Sold
$269,000
13 Nov 2016 by Amanda Frick, of Hayeswinckle East Geelong

Happy sellers in Newtown

74%
74% of sellers in Newtown reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 15 reviews in Newtown over the last 12 months.

Local market activity for 2 bedroom units in Newtown

In the last 12 months, 11 two-bedroom units similar to 2/359 Shannon Ave, have been sold.

This represents a 9% increase in two-bedroom units sales when compared to the previous 12 months.

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