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2/43 Monash Road
Newborough VIC 3825

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 385m2
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Versatile 385m² First Floor Space With Plenty of Parking!

Harcourts Warragul are delighted to present 2/43 Monash Road Newborough For Lease.
The property features:
- Approximately 385m2 in building area size.
- Mixed Use Zoning.
- Formerly home to a well established dance school.
- Current configuration comprises multiple rooms of various sizes, including large open areas and smaller private rooms.
- Kitchenette with staff room.
- Shared male and female amenities.
- Ducted air conditioning and heating.
- Large carpark at the rear of the building, as well as ample street parking.
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Property Details for 2/43 Monash Rd, Newborough

Building Type
Commercial
Floor Size
385m2

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About Newborough 3825

The size of Newborough is approximately 19.5 square kilometres. It has 27 parks covering nearly 7.8% of total area. The population of Newborough in 2011 was 6,932 people. By 2016 the population was 6,757 showing a population decline of 2.5% in the area during that time. The predominant age group in Newborough is 50-59 years. Households in Newborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newborough work in a trades occupation. In 2011, 72.5% of the homes in Newborough were owner-occupied compared with 69.6% in 2016.

Newborough has 3,961 properties. Over the last 5 years, Houses in Newborough have seen a 65.18% increase in median value, while Units have seen a 58.17% increase. As at 31 December 2024:

  • The median value for Houses in Newborough is $389,892 while the median value for Units is $282,703.
  • Houses have a median rent of $420 while Units have a median rent of $250.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Newborough.

Suburb Insights for Newborough 3825

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Marino Perioris
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Harcourts Warragul
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.