FOR SALE
$370,000 - $390,000

18 Eastern Avenue
Newborough VIC 3825

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 897m2
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An Opportunity Awaits An Astute Buyer

Whether you are looking for development potential or an opportunity to renovate, look no further. This outstanding 4 Bedroom plus Study, 1 Bathroom home is situated on a huge 897m2 corner allotment. Offering kitchen with ample storage, separate dining and an oversized living area, this property ticks all the boxes. Ceiling fans and ducted gas heating provide year-round comfort and convenience.
Externally you find a veranda, Outdoor BBQ area, Garden Shed, Carport and Lock up Garage. Completing an ideal package for a buyer seeking more space.
Convenience is key, being located approximately 400m from Newborough Food Works, Coffee shop, Fish and chip shop and reserve. Also, only 800m from John Field Reserve, Latrobe Leisure Centre, Basketball and Netball Court.
Don't hesitate, call to arrange an inspection today.
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Property Details for 18 Eastern Ave, Newborough

18 Eastern Ave, Newborough is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 897m2. The place is currently for sale with Harcourts Moe-Newborough.

Building Type
House
Land Size
897m2

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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 3,946 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 3 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Newborough.

Suburb Insights for Newborough 3825

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Brendon Van Eyk
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Harcourts Moe-Newborough
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Disclaimer
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.