SOLD
Sold on 28 May 2024 for $440,000

1 Paisley Street
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 843m2
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Property Details for 1 Paisley St, Newborough

1 Paisley St, Newborough is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 843m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Year Built
1970
Land Size
843m2
Local Government
Latrobe
Lot/Plan
11/LP21618

Last Listing description (June 2024)

This beautifully presented hardiplank home comprising 2 bedrooms, study and a large detached 3rd bedroom or multipurpose room. Includes a modern kitchen, renovated bathroom, gas central heating, front verandah/decking, large pergola/outdoor entertainment area, 13m x 7m garage and situated on a well established oversized 843sqm (approx.) allotment.

Property History for 1 Paisley St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$440,000
28 May 2024
Listed for Rent
$430/w
10 Aug 2023
  • 28 May 2024
    Sold for $440,000
  • 13 Mar 2024
    Listed for Sale $448,000
  • 01 Aug 2023
    Listed for Rent $430 / week
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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 3,957 properties. Over the last 5 years, Houses in Newborough have seen a 77.92% increase in median value, while Units have seen a 62.04% increase. As at 31 July 2024:

  • The median value for Houses in Newborough is $414,262 while the median value for Units is $288,503.
  • Houses have a median rent of $410 while Units have a median rent of $250.
There are currently 28 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Newborough.

Suburb Insights for Newborough 3825

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Stockdale & Leggo Morwell
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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.