1/7 Mason StreetNewborough VIC 3825
Property Details for 1/7 Mason St, Newborough
1/7 Mason St, Newborough is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 735m2 and floor size of 54m2.
Last Listing description (March 2013)
BOUTIQUE UNIT BLOCK + BIG RETURNS = SOUND INVESTMENT
A SAVVY INVESTOR WILL IMMEDIATELY SEE THE VALUE IN AN INVESTMENT THAT IS ACHIEVING OUTSTANDING RETURNS AND PROVIDES FURTHER SCOPE TO INCREASE THE VALUE OF THE ASSET AND RETURNS, SHOULD YOU BE LOOKING FOR A PROJECT IN THE FUTURE. THIS FANTASTIC OPPORTUNITY OFFERS: * APPROXIMATELY 8% RETURN * LONG TERM SECURE TENANTS * OUTSTANDING SOUGHT AFTER LOCATION BY TENANTS AND HOMEOWNERS * LARGE BLOCK AND 4 X 1 BEDROOM APARTMENTS WHETHER YOU ARE A FIRST TIME OR EXPERIENCED INVESTOR, THIS PROPERTY IS A SMART SOLID INVESTMENT
Property History for 1/7 Mason St, Newborough, VIC 3825
- 18 Jan 2013Listed for Sale $240,000 - $260,000
- 11 Nov 2011Listed for Sale $239,000
- 04 Apr 2011Listed for Sale Not Disclosed
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
/assets/perm/2ouzzov6bei6np7ll5hkwcmkby?signature=cced387a82248e6ca9eb5b569b2429c52155fd1aeccd0ac5350933e1c64bb782){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
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.
Suburb Insights for Newborough 3825
Market Insights
Newborough Trends for Houses
N/A
N/A
View TrendN/A
N/A
Newborough Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
