FOR SALE
$1.45m

15 Hayes Road
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 2
Car spaces: 16
Land area: 5ac
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A MULTITUDE OF POSSIBILITIES

THE LAND
Situated on approximately 2.014ha (5 acres) with sealed road frontage that falls within the Urban Growth Zone (UGZ) Schedule 1, indicating potential for future development and conveniently positioned within a few minute’s drive of the Moe and Newborough CBD’s.
An opportunity exists to develop the remaining land into residential blocks that would complement the new estate across the road (STCA).
THE HOMESTEAD (the main residence) is a versatile family home boasting all the mod cons with recent updates of the interior. There are three bedrooms and two bathrooms, with the master bedroom having its own ensuite.
The extra-large open plan dining/living area features a s/system & slow combustion heater with sliding doors that open to a decked undercover verandah/alfresco area with pull down blinds making this the ideal area for bbq’s & family gatherings.
A modern kitchen includes electric cooking, double sink and plenty of cupboard storage.
Outside there is a solar system, electric HWS, double garage with double carport, a hothouse, additional garden shedding, a chook pen and on the Northern side of the home beautiful established gardens for you to admire.
The abundance of features can only be appreciate by inspecting the property, both dwellings and shedding are all contained in the front section of the property leaving room to further develop the remainder of the property STCA.
All town services are available, town water & sewerage system (apart from gas) and having a bitumen road frontage is a real bonus.
THE INCOME
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Property Details for 15 Hayes Rd, Newborough

15 Hayes Rd, Newborough is a 3 bedroom, 2 bathroom AcreageSemi-rural with 16 parking spaces. The property has a land size of 5ac. The place is currently for sale with Strzelecki Realty.

Building Type
AcreageSemi-rural
Land Size
5ac

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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 31 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Newborough.

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Aaron Megaw
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Julie Reed
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Strzelecki Realty
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