116 Torres StreetNewborough VIC 3825
Property Details for 116 Torres St, Newborough
116 Torres St, Newborough is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 671m2 and floor size of 122m2. 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.
Last Listing description (July 2024)
Nestled in a desirable Newborough location and backing onto farmland, come and discover this sizeable 3-bedroom residence that offers ample room for family gatherings and entertaining guests in the comfort of ducted heating and split system air conditioning.
A spacious lounge opens up to the formal dining room, which could easily be utilised as a second living space. This flows through to a laminate, galley-style kitchen with electric cooking, dishwasher and plenty of storage.
The casual dining area opens out to a covered alfresco as well as being the thoroughfare to the two rear bedrooms and main bathroom.
Enjoy reduced power bills with the 3.6kw, 12 panel solar system as well as the private and secure backyard, perfect for children and pets to play, complemented by garden shedding and a 6 x 8 metre garage with remote door entry.
Just a short walk to pre and primary schools, indoor and outdoor sporting facilities and the Newborough Village, with some light cosmetic changes, an astute purchaser will reap the rewards upon purchase of 116 Torres Street, Newborough. Book your inspection today.
Property History for 116 Torres St, Newborough, VIC 3825
- 08 May 2024Sold for $440,000
- 22 Jan 2024Listed for Sale UNDER CONTRACT
- 18 Sep 1992Sold for $94,000
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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.
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