OFF MARKET

15U/1 Ollerton Avenue
Newborough VIC 3825

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 30 Sep 2024
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Property Details for 15u/1 Ollerton Ave, Newborough

15u/1 Ollerton Ave, Newborough is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Latrobe

Last Listing description (June 2021)

This one bedroom fully furnished apartment is now available for lease with The Property Group. Located in a fully secured building with personal key access this light and modern unit features an open plan kitchen with electric cook top and living area with split system heating and cooling. Bedroom with a queen sized bed and built in robe. An ensuite bathroom and convenient European laundry. Off street parking available.
The minimum lease term offered is 3 months.
All basic furniture and appliances are supplied, all you need is your bedding, clothes and toiletries!

Property History for 15u/1 Ollerton Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Listed for Rent
$225/w
21 Jun 2021
  • 26 May 2021
    Listed for Rent $225 / 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 3,956 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 32 properties listed for sale, and 1 property listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 133 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.