OFF MARKET

1 Balfour Street
Newborough VIC 3825

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 127m2
Land area: 820m2
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Property Details for 1 Balfour St, Newborough

1 Balfour St, Newborough is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 820m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1960
Floor Size
127m2
Land Size
820m2
Local Government
Latrobe
Lot/Plan
18/LP20501

Last Listing description (February 2024)

We are pleased to present this beauty on Balfour Street, to the market.

This impressive property offers an array of features that will elevate your living experience to new heights. Comprising four bedrooms and two bedrooms plus the versatility of the fourth bedroom that can be used as a secondary living area, rumpus room or even to be utilised as a home business space as it has separate access to the house. This home provides ample space and opportunity for all of your family's needs.

Situated on an 820m2 allotment in a quiet, family-friendly street. Located just a hop, skip and jump from parks and schools, plus just around the corner from all Newborough has to offer. Approximately 3.5kms to Moe's CBD comprising restaurants, cafes, train station/public transport, shops and more!

Inside, you'll find a range of modern upgrades that enhance your living space. The renovated laundry and updated bathroom add a touch of luxury to your daily routine, while the fresh coat of paint throughout the home brings a vibrant and inviting atmosphere. The original floorboards exude timeless charm, seamlessly connecting each room.

Further features of this property include:
? Main bathroom with shower over bath, single vanity & toilet,
? Secondary bathroom/ensuite with shower, toilet & vanity,
? Ducted heating and ceiling fans throughout the home,
? Split system heating and cooling in the fourth bedroom / secondary living,
? Low maintenance yard with fruit trees and garden beds in place,
? Back decking perfect for entertaining and enjoying those sunny afternoons,
? Shed with concrete flooring, power and internally panelled, perfect for a man cave or workshop,

Don't miss this rare opportunity to make Balfour Street your new address. Embrace the comfort, convenience, and style that this property offers.

Property History for 1 Balfour St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$450,000
16 Nov 2023
  • 16 Nov 2023
    Sold for $450,000
  • 04 Sep 2023
    Listed for Sale $440,000 - $460,000
  • 09 Sep 2008
    Listed for Sale $189,000
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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, 142 properties were sold in the past 12 months in Newborough.

Suburb Insights for Newborough 3825

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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.