25/124-136 Mason Street, Newport VIC 3015
25/124-136 Mason Street, Newport VIC 3015
3-bed, 2-bath, 2-car townhouse | Reserve-edge estate with direct bushland outlook | Tightly held pocket near Newport Village | Premium rear positioning likely | Low-maintenance, owner-occupier focus
This townhouse sits within a small, established estate that borders Newport Lakes Reserve, and the rear-positioned units in this complex are the ones that consistently draw the strongest buyer interest. The configuration itself — three bedrooms, two bathrooms, and a double garage — is the most sought-after format in this part of Newport, particularly for professionals and young families who want the space of a house without the upkeep. The reserve adjacency is the real edge here; homes that back onto the native bushland enjoy a level of privacy and natural outlook that is genuinely rare in an inner-west townhouse product, and that translates directly into how quickly these properties move and how well they hold their value over time.
What may materially affect the price is the exact position of this unit within the estate, because the spread between an internal lot and a reserve-facing rear lot is significant. The condition and quality of the internal finishes will also matter, as some homes in this complex have been upgraded with bamboo flooring, stone benchtops, and quality appliances, while others remain more original. The floor plan layout — whether it is single-level or two-level — could influence appeal depending on the buyer profile, and the size of the lot, which varies noticeably across the estate, may be a factor worth weighing when forming a view on value.
|| Comparable Sales: 62/124-136 Mason Street sold for $925,000; 31/124-136 Mason Street sold for $920,000 | Property Price Band: $800,000–$900,000 | Value Drivers: Reserve outlook, internal condition, lot size and layout
Detailed Independent Property Report prepared by PropCred Analyst team for 25/124-136 Mason Street, Newport VIC 3015
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Newport, in Melbourne’s inner west, offers rail access via Werribee and Williamstown lines plus Melbourne Road links to the city. Professional couples with children, aged 40-49 and predominantly owner-occupiers, drive demand. House prices are around $1.2 million, with annual movements between -0.4% and -4.8% depending on data source; units sit near $690,000, down as much as 8%. Houses sell faster at 54-58 days than units at 73, and auction clearance reaches 64-90%, indicating stronger house demand. Sales volumes align: houses up 32.8%, units down 7.4%. Transport connectivity and tighter house turnover support the outlook, though price softness across segments and rising unit days on market are key constraints.
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PropCred Estimated Value
Comparable Sales: 62/124-136 Mason Street sold for $925,000; 31/124-136 Mason Street sold for $920,000 | Property Price Band: $800,000–$900,000 | Value Drivers: Reserve outlook, internal condition, lot size and layout
Bedrooms
3
Bathroom
2
Parking
2
Land
117m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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