Back 39 Challis Street
Off Market

39 Challis Street

Newport VIC 3015

4
1
1
338 m²
House
Last sold for $770,000
Peter SkourtisPeter Skourtis, last sold this property on 10 June 2025 after 18 days on market.

Overview

A Rare Opportunity in the Thriving Challis Street Village

Zoned for Commercial use and perfectly positioned to take advantage of the vibrant village feel of Challis Street, this dual-purpose propertyfeaturing both a shopfront and residenceoffers outstanding potential. The shop boasts charming street appeal and has been a thriving café business for 10 years with a 3-year continuing lease option. At the rear, a private entrance leads to a separate three-bedroom residence, complete with a living room, kitchen/meals, bathroom and separate laundry. A garage and additional storage, accessible via a rear right-of-way, add further practicality. Situated close to Newport Gardens Primary School, Newport Lakes Reserve, and Newport Station, this property enjoys a loyal local customer base and sits within a thriving retail strip with an exciting outlook.

Features

4 bedrooms
1 bathroom
1 carspace
338 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Newport over the last 12 months, the estimated median property value of 39 Challis Street is $1.38m.

Median value
$1.38m
Estimated value range
$770k - $2.63m
Median days on market
40
Estimated value trend
-7%
decrease 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 39 Challis Street

2026
Rented
Undisclosed
Leased on 16 Apr 2026 by Nicholas Scott Real Estate
2025
Sold
$770,000
Private Sale/Treaty on 10 Jun 2025 by Peter Skourtis, of Buxton 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 4 bedroom houses in Newport

In the last 12 months, 59 four-bedroom houses similar to 39 Challis Street, have been sold.

This represents a 7% increase in four-bedroom houses sales when compared to the previous 12 months.

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