SOLD
Sold on 08 May 2024 for $440,000

116 Torres Street
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 671m2
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John Kerr Real Estate Moe
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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.

Building Type
House
Floor Size
122m2
Land Size
671m2
Local Government
Latrobe
Lot/Plan
38/LP127171

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.

At the opposing end of the house is the master bedroom, affording privacy and boasting a walk-in robe and ensuite.
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.

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Property History for 116 Torres St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$440,000
08 May 2024
  • 08 May 2024
    Sold for $440,000
  • 22 Jan 2024
    Listed for Sale UNDER CONTRACT
  • 18 Sep 1992
    Sold 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 3,940 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.
There are currently 31 properties listed for sale, and 1 property listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Newborough.

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