Back 5/28 Peel Street
Off Market

5/28 Peel Street

Newport VIC 3015

2
1
Unit
Last sold for $517,000
John GaleaJohn Galea, last sold this property on 17 July 2015 after 29 days on market.

Overview

A Superior Starting Point!

Kick start your real estate portfolio with this treasured beauty! Peacefully set to the rear, this is your chance to live the privileged life you deserve as The Strand waterfront is only a few hundred metres away. The world seems miles away yet the finest cafes, restaurants, schools, bike paths and transport are all within moments of your door. An absolutely dream context for first home buyers, downsizers or those seeking a consistently performing investment!

• A sense of comfort is immediately confirmed upon first entry. A sublime living space unfolds into a casual dining area and neat kitchen which serves all of your needs. • Stepping outside, a sun soaked courtyard is designed for relaxation and the garden shed accommodates an effective space to store your two wheelers for those lazy weekend bike rides. • A main bedroom with built-in-robes receives outlooks to a beautiful palm tree while the second bedroom is positioned to make the utmost of the morning sun. • Off street parking, near new airconditioning unit, heating and bathroom with an integrated laundry further seals the deal.

Features

2 bedrooms
1 bathroom
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Newport over the last 12 months, the estimated median property value of 5/28 Peel Street is $562.5k.

Median value
$562.5k
Estimated value range
$470k - $710k
Median days on market
20
Estimated value trend
-15%
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 5/28 Peel Street

2024
Rented
Undisclosed
Leased on 10 Jul 2024 by Raine & Horne Williamstown
2015
Sold
$517,000
Auction Sale on 17 Jul 2015 by John Galea, of Compton Green
2012
Sold
$421,000
Auction Sale on 18 Feb 2012

Happy sellers in Newport

85%
85% 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 99 reviews in Newport over the last 12 months.

Local market activity for 2 bedroom units in Newport

In the last 12 months, 8 two-bedroom units similar to 5/28 Peel Street, have been sold.

This represents a 42% increase in two-bedroom units sales when compared to the previous 12 months.

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