4/23 Clyde St, Newport, VIC 3015

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Sold for $325,000 (Aug 27, 2018)

Absolute Value for Money

Once in a while the perfect scenario presents itself for the astute buyer to check off their entire investment check list.

Secure rental income on a fixed term lease, currently $1,238pcm, equates to 4.3% return and the low Owners Corporation fee adds to the attraction.

A reliable, house proud tenant keeps this ultra low maintenance brick property in tip top condition. Added bonuses like an entrance alcove, extra large bedroom to accommodate a study area, internal laundry, separate toilet, dedicated parking and a top quality, on trend renovation equate to a simple, hassle free and clever investment or a foothold into the market for a new homeowner to make their own at end of lease. No need to think twice!

Property Info:
  • Property ID: 19016715
  • Property Type: Unit
  • Open Parking: 1
We Know Your Area
R&H Suburb Profile: Newport

R&H Suburb Summary Houses
Number of sales 178
Average Price $1,080,942
Median Price $1,043,250
Median Rental Price $570 p.w.
Change in Rental Rate (5yr) 23 %
R&H Suburb Summary Units
Number of sales 31
Average Price $716,387
Median Price $725,000
Median Rental Price $500 p.w.
Change in Rental Rate (5yr) 16 %
Newport, VIC - Median Trend
Schools closest to 4/23 Clyde St, Newport
School name Distance
Bayside P-12 College-Paisley Campus 0.24 km
Newport Gardens Primary School
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0.35 km
Newport Gardens Primary School Eastona Park Campus 0.83 km
Newport Lakes Primary School
View Website
1.23 km
St Leo the Great School
View Website
1.24 km

"Distance" is a straight line calculation. Please contact your desired school to establish its catchment area.