15 Western AvenueNewborough VIC 3825
Property Details for 15 Western Ave, Newborough
15 Western Ave, Newborough is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 838m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (November 2022)
Located just 300 meters from the local FoodWorks, 750 meters from Newborough East Primary School and only 1km from the Latrobe Leisure Centre, this home is ideally positioned for any buyers looking to re-locate to the quiet township of Newborough.
Sitting on approximately 838m2, and the residence currently being occupied by a tenant, this property is an ideal home for any investors looking to purchase with the potential of sub-division (S.T.C.A.).
Features of the home include:
- 2 separate living areas, with one of which currently being utilised as a 4th bedroom option.
- Gas heating.
- Side access.
- Current long term tenant happy to stay on.
Property History for 15 Western Ave, Newborough, VIC 3825
- 02 Sep 2022Sold for $315,000
- 16 Aug 2022Listed for Sale $310,000 - $330,000
- 30 Mar 2004Sold for $105,000
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0About 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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