SOLD
RECENT ADVICE
Sold on 15 Oct 2024 for $341,000

131 Monash Road
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 696m2
Sold By
John Kerr Real Estate Moe
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Property Details for 131 Monash Rd, Newborough

131 Monash Rd, Newborough is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 696m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Land Size
696m2
Local Government
Latrobe
Lot/Plan
17/LP55342

Last Listing description (October 2024)

131 Monash Road, Newborough now presents For Sale. Fantastic entry-level home or investment.

On a generous allotment of approximately 696sqm, this home has a lot to offer and boasts:

* A freshly painted exterior and internally comfortable home

* New floor coverings and blinds
* Good sized living space with gas ducted heating
* Casual dining in the kitchen with electric cooking
* Three good sized bedrooms, all with carpet and built-in robes
* Shower over bath and vanity, separate toilet
* Rear verandah to relax on those sunny days and balmy evenings
* Double garage with power plus secure rear yard
* Within an easy walk to primary and secondary schools, sporting facilities and essential shops
* Currently renting for $350 per week, tenant in lease till January 2025

Call us today for your private inspection.

Property History for 131 Monash Rd, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$341,000
15 Oct 2024
Listed for Rent
$330/w
07 Jul 2023
  • 15 Oct 2024
    Sold for $341,000
  • 21 Aug 2024
    Listed for Sale $340,000 - $350,000
  • 07 Jul 2023
    Listed for Rent $330 / 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 3,940 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.

Suburb Insights for Newborough 3825

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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.