OFF MARKET

11 Torres Street
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 148m2
Land area: 898m2
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Last updated 11 Nov 2024
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Property Details for 11 Torres St, Newborough

11 Torres St, Newborough is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 898m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
House
Year Built
1960
Floor Size
148m2
Land Size
898m2
Local Government
Latrobe
Lot/Plan
101/LP27650

Last Listing description (June 2016)

With a top quality Old Newborough location and offering great value Number 11 Torres Street is a substantial home oozing with potential. This excellent vinyl clad home has plenty space both inside and out and would be ideal starter home for someone looking to put their own stamp on it or the perfect investment property.
Offering:
Three great sized bedrooms with large built in robe and ensuite to the master (built in robe in one other bedroom)

Roomy air conditioned living area overlooking the front garden
Well-appointed kitchen with timber cupboards, laminate benchtops and dishwasher
Large dining area. built in bar and study nook/sitting area at the rear of the home
Enormous bathroom equipped with shower over bath, vanity and fully built in spa bath
Storage galore inside the home with gas central heating throughout
Easy to maintain gardens front and rear with undercover bbq area
Carport and a garage with concrete floor, light and power

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Property History for 11 Torres St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$207,000
05 Apr 2016
Listed for Rent
$260/w
11 May 2015
  • 05 Apr 2016
    Sold for $207,000
  • 11 Feb 2016
    Listed for Sale $219,000
  • 09 May 2015
    Listed for Rent - Price not available
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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.

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