FOR SALE
$850,000

1-4/21 Leith Street
Newborough VIC 3825

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
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Investment Opportunity in the Heart of Town!

Introducing 1-4 21 Leith St Newborough! This property boasts incredible potential to any savvy investor looking to add to their portfolio! With 4 individual units comprising of 8 bedrooms, 4 bathrooms and 4 carports located close to town shops, schools and public transport services, 21 Leith St, Newborough is a must see!
Property Details:
- 4 Units, each coming with 2 bedrooms and built in robes.
- Each with their own bathroom/laundry
- Only a short walk from town CBD
To arrange a private inspection of the property Contact Matt from First National Central KW today!
Property Code: 2787
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Property Details for 1-4/21 Leith St, Newborough

1-4/21 Leith St, Newborough is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The place is currently for sale with KW Property Sales & Rental.

Building Type
BlockOfUnits

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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 3,947 properties. Over the last 5 years, Houses in Newborough have seen a 68.07% increase in median value, while Units have seen a 60.64% increase. As at 31 October 2024:

  • The median value for Houses in Newborough is $390,306 while the median value for Units is $277,884.
  • Houses have a median rent of $400 while Units have a median rent of $250.
There are currently 30 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Newborough.

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Matthew Hamilton
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