FOR SALE
$200,000 - $220,000

Prestwick Parkway
Newborough VIC 3825

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 721m2
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The Brief: Titled & Ready to Build on!

Its Addressed:
Welcome to Lot 137 Prestwick Parkway, sitting on a 721m2 (approx.) allotment, this vacant block is ready for you to build your dream home on!
The Monash Views Estate is only a short distance to Lake Narracan, Newborough Bowling Club and Yallourn Golf Club as well as Latrobe Leisure Moe/Newborough Centre, TAFE, John Field & Northern Field Reserves as well as Newborough Town Centre.
For more Real Estate in Newborough contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
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Property Details for Lot 137 Prestwick Pkwy, Newborough

Building Type
Land
Land Size
721m2

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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 67.77% increase in median value, while Units have seen a 59.30% increase. As at 30 November 2024:

  • The median value for Houses in Newborough is $392,103 while the median value for Units is $277,851.
  • Houses have a median rent of $420 while Units have a median rent of $273.
There are currently 26 properties listed for sale, and 4 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Newborough.

Suburb Insights for Newborough 3825

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Sarah Mccallum
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Boyd Jones
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AREA SPECIALIST KEYSBOROUGH
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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.