Newcomb at a glance
4,563
People
$624,000
Median sale
$417/wk
Median rent
3.48%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
$605,000
Last sold
7 Nov 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
697 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$605,000
7 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Newcomb (last 5 years) with land size have a median of $964/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Newcomb at a glance
4,563
People
$624,000
Median sale
$417/wk
Median rent
3.48%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Newcomb
-3.0%
Median sale
Suburb $624,000
+0.10 pp
Gross yield
Suburb 3.48%
Suburb median $624,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $417/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Newcomb at a glance
4,563
People
$624,000
Median sale
$417/wk
Median rent
3.48%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Andrews Estate AgentsBoasting 3 Bedrooms and 2 living areas with 2 additional office spaces, here is your chance to break into the Newcomb market with this one-owner, cherished and well-maintained family home set on nearly 700m2! Positioned on a tranquil street in Newcomb's most sought-after pocket with an impressively designed kitchen/open plan living area and huge rear extension offering everything needed for first-time buyers, growing families, and investors alike.
The charming façade with a well-manicured front yard and front decking holds street appeal, making this a home you can feel proud of. On entry, Impressive High ceilings greet you in the hallway. The architecturally designed kitchen and living area truly sets this home apart. Combining functionality and Stylish appeal, creating a seamless flow between spaces, this is an ideal space to relax with family or entertain friends. The huge front windows soak the room in natural light while split system heating and cooling make for year-round comfort. The spacious master bedroom, flooded with natural light awaits across the hall, along with 2 additional bedrooms (all with built in wardrobes), all serviced by the delightful main bathroom complete with good sized bath and shower.
Another standout feature of this home is the stunning rear extension of the family room. This versatile space is ideal for a wide range of activities, from lively game nights and entertaining guests to setting up a cozy home theater or creating a retreat for teenagers. Additionally, the extra office spaces can easily be transformed into cozy guest bedrooms, offering flexibility to accommodate friends and family or could be easily combined to form a permanent fourth Bedroom.
Newcomb is likely to continue to see excellent growth for years to come due to its proximity to East Geelong. A smart move for buyers looking to secure property walking distance to Eastern Gardens, only minutes' drive to Geelong CBD and 5 min drive to Eastern Beach. Enjoy access to schools, shopping centers and hospital, public transport and 24-hour service station. This is one of the hottest opportunities in the market right now and a must to inspect!
Please note, all information is provided by third parties. Prospective purchasers are advised to make their own enquiries with respect to the accuracy of information relating to properties. Eastwood Andrews will not be liable for any loss resulting from any action or decision by you in reliance on the information supplied.
Listing description written by Nicole Andrews, Andrews Estate Agents — reproduced as published, not verified by Districts.