1 Law StreetNewborough VIC 3825
Property Details for 1 Law St, Newborough
1 Law St, Newborough is a 4 bedroom, 4 bathroom House and was built in 1970. The property has a land size of 763m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (February 2024)
Unit complexes do not come very Offen and specially not as beautiful as this one.
The complex is made up of 4, 1 bedroom units. All units have been stylishly renovated in a fresh modern concept with open plan living.
The kitchens have able cupboard space with electrical appliances, while each unit provides laundry facilities in their spacious bathrooms.
The one titled property accommodates three carport parking spaces.
Located close to the Rutherglen village shopping, public transport and sporting facilities these units have no issue renting out making this complex a great investment.
Book for a private inspection today.
Property History for 1 Law St, Newborough, VIC 3825
- 13 Oct 2023Sold for $500,000
- 09 Sep 2023Listed for Sale $550,000
- 24 Dec 2019Listed for Sale $340,000
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0About 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 68.16% increase in median value, while Units have seen a 64.20% increase. As at 30 September 2024:
- The median value for Houses in Newborough is $394,655 while the median value for Units is $279,123.
- Houses have a median rent of $405 while Units have a median rent of $253.
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