OFF MARKET

16 Murray Road
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 131m2
Land area: 878m2
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Property Details for 16 Murray Rd, Newborough

16 Murray Rd, Newborough is a 3 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 878m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1960
Floor Size
131m2
Land Size
878m2
Local Government
Latrobe
Lot/Plan
4/LP18863

Last Listing description (July 2023)

Beautifully updated 3-bedroom home, perfect for the whole family to enjoy.

Features Include:
. Renovated kitchen with electric cooking, walk in pantry/laundry area with dishwasher.

. Central bathroom with shower over bath and toilet.
. Large size lounge/dining room with wood fireplace & split system.
. Central heating.
. Main bedroom with built in robe, ceiling fan & split system. Renovated ensuite with walk in shower.
. Further 2 bedrooms both with built in robes & ceiling fans. Bedroom 2 with additional split system.
. Large enclosed rear yard with low maintenance gardens, decking area & 2 sheds.

PLEASE NOTE: We require an application to be submitted prior to viewing the property. Once a completed application is received and processed, we will contact qualified applicants for an inspection time.
Please visit our website at https://wilsonpropertyrci.com.au/ to apply today.

Wilson Property - Exceeding expectations since 1997

Property History for 16 Murray Rd, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$479,000
12 May 2023
Listed for Rent
$420/w
17 Jul 2023
  • 26 Jun 2023
    Listed for Rent $430 / week
  • 12 May 2023
    Sold for $479,000
  • 03 May 2023
    Listed for Sale $479,000
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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 3,944 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.
There are currently 31 properties listed for sale, and 3 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 137 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.