Back 40 Schutt Street
Off Market

40 Schutt Street

Newport VIC 3015

3
1
1
371 m²
House
Last sold for $983,000
Adrian ButeraAdrian Butera, last sold this property on 22 November 2025 after 26 days on market.

Overview

Renovate on one of Newport's Most Desired Streets

Set your sights on this exciting renovation opportunity in one of Newport's most picturesque and tightly held streets. Nestled on 371m² of prime land, this 3-bedroom, 1-bathroom home with car accommodation is packed with potential. Whether you're looking to restore, extend or start fresh (STCA), the location does all the heavy lifting - just moments from schools, shops, and green spaces. Bring your vision to life in a family-friendly pocket where homes rarely change hands. - 3 spacious bedrooms with 1 central bathroom - 371m² block with endless potential - 450m to Newport Lakes Primary School - 180m to Sacred Heart Primary School - Short walk to Happy Apple, Newport train station and Mason St shops - Quiet, family-friendly street with beautiful outlook - Minutes to Newport Lakes Reserve & parks - Great access to public transport and CBD

Features

3 bedrooms
1 bathroom
1 carspace
371 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 40 Schutt Street 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 40 Schutt Street

2025
Sold
$983,000
Auction Sale on 22 Nov 2025 by Adrian Butera, of Compton Green

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, 91 three-bedroom houses similar to 40 Schutt Street, have been sold.

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

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