OFF MARKET

11 Stearman Street
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 721m2
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Last updated 11 Nov 2024
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Property Details for 11 Stearman St, Newborough

11 Stearman St, Newborough is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 721m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1980
Floor Size
94m2
Land Size
721m2
Local Government
Latrobe
Lot/Plan
27/LP55085

Last Listing description (January 2021)

If you have been seeking your first home or looking at stepping into the investor market then Number 11 Stearman Street, Newborough is going to be just perfect for you. Located close to local schools, shops and sporting facilities this neat three bedroom home offers excellent value. Featuring:
Three bedrooms, two with built in robes. The third bedroom can also be utilized as a separate dining area.
Open plan kitchen and living space.

Laminate kitchen with a breakfast bar.
Neat and tidy bathroom with a corner shower and separate toilet.
Gas heating, air conditioning and 8 panel solar system.
Established gardens front and rear.
Double length single carport and original single garage.

A perfect little starter package for the astute buyer. Call now to arrange your inspection.

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Property History for 11 Stearman St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$225,000
15 Dec 2020
  • 15 Dec 2020
    Sold for $225,000
  • 23 Nov 2020
    Listed for Sale $228,000

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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 3,944 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 31 properties listed for sale, and 3 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Newborough.

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