Back 29 Jubilee St
Off Market

29 Jubilee St

Newport VIC 3015

3
1
4
572 m²
House
Last sold for $1,260,000
Matthew JohnMatthew John, last sold this property on 03 October 2025 after 14 days on market.

Overview

Exceptional Development Opportunity

Discover an outstanding investment prospect in one of Newport's most desirable neighbourhoods. This property presents exceptional development possibilities for astute builders, developers, and investors ready to capitalise on a rare opportunity. DEVELOPMENT POTENTIAL APPROVED PLANS INCLUDED - Take the guesswork out of development with existing council-approved plans for two stunning side-by-side two-storey townhouses: Townhouse 1: Five spacious bedrooms with three luxurious bathrooms, lock-up garage plus additional off-street parking Townhouse 2: Four generous bedrooms with three modern bathrooms, lock-up garage plus additional off-street parking Alternatively, transform this site through renovation and extension of the current dwelling. The generous block size (572m2 approx), strategic location, and ready-to-build approvals make this an ideal opportunity for maximising immediate returns. CURRENT PROPERTY FEATURES Three comfortable bedrooms Generous living area with spacious lounge Well-appointed kitchen adjoining meals space Full bathroom facilities plus separate WC Practical laundry room Gas heating for year-round comfort Convenient side access leading to substantial metal shed/garage PREMIUM LOCATION BENEFITS Nestled in Newport's highly coveted residential precinct, this property offers unmatched convenience: Educational Excellence: Located within Newport Gardens Primary School zone Transport Links: Easy access to both Newport and Williamstown North railway stations Natural Amenities: Minutes to tranquil parklands and scenic Newport Lakes Lifestyle Conveniences: Walking distance to trendy cafes, restaurants, and local shopping CBD Proximity: Just 10km from Melbourne's vibrant city centre This rare offering combines prime positioning with genuine development upside - perfect for those seeking to create substantial value in one of Melbourne's emerging growth corridors. Don't miss this exceptional opportunity to secure your piece of Newport's bright future.

Features

3 bedrooms
1 bathroom
4 carspaces
572 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Newport over the last 12 months, the estimated median property value of 29 Jubilee St is $1.2m.

Median value
$1.2m
Estimated value range
$740k - $7.15m
Median days on market
28
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newport. 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 29 Jubilee St

2025
Sold
$1,260,000
Auction Sale on 03 Oct 2025 by Matthew John, of Buxton Inner West
2024
Sold
$1,150,000
21 May 2024 by Anthony Gunn, of Jellis Craig - Inner West
2018
Rented
Undisclosed
Leased on 24 Jan 2018 by Jellis Craig - Inner West

Happy sellers in Newport

84%
84% of sellers in Newport reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 103 reviews in Newport over the last 12 months.

Local market activity for 3 bedroom houses in Newport

In the last 12 months, 92 three-bedroom houses similar to 29 Jubilee St, have been sold.

This represents a 17% increase in three-bedroom houses sales when compared to the previous 12 months.

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