15 Haigh StreetNewborough VIC 3825
Property Details for 15 Haigh St, Newborough
Last Listing description (September 2023)
Unique opportunity to purchase a fantastic parcel of flat land in the township of Newborough
The property sits on the edge of both Moe and Newborough townships, which makes it a prime location for those seeking to develop the land (STCA). The area is thriving, with emerging residential estates popping up left and right. And with local schools, Lake Narracan, and the CBD just minutes away.
As you step inside the main house, you'll feel right at home. The house features three bedrooms, perfect for a growing family, and two separate living areas, providing ample space for relaxation and entertainment. The master bedroom boasts an ensuite, ensuring privacy and comfort. The central updated laminate kitchen is spacious and perfect for cooking up a storm. And with a double garage, carport, and plenty of shedding with solar power and solar hot water, you'll have all the space you need for cars, boats, and all your tools.
But that's not all. The property also features a one-bedroom bungalow with a separate living area, kitchen, bathroom, and carport. With the ability to generate dual rental income while you plan your development.
What's truly unique about this property is the amount of land available, with five acres of flat land, it's a rarity to find acreage properties so close to town and with the potential for development (STCA).
Don't let this opportunity slip through your fingers. Call now to arrange a private inspection before it's too late.
You won't want to miss out on this once-in-a-lifetime chance to own a piece of prime acreage in the heart of Newborough.
Property History for 15 Haigh St, Newborough, VIC 3825
- 29 Aug 2023Sold for $870,000
- 14 Sep 2022Listed for Sale FOR SALE BY EXPRESSIONS OF INTEREST
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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 3,957 properties. Over the last 5 years, Houses in Newborough have seen a 77.92% increase in median value, while Units have seen a 62.04% increase. As at 31 July 2024:
- The median value for Houses in Newborough is $414,262 while the median value for Units is $288,503.
- Houses have a median rent of $410 while Units have a median rent of $250.
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