OFF MARKET

16 Newstead Street
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 118m2
Land area: 824m2
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Last updated 11 Nov 2024
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Property Details for 16 Newstead St, Newborough

16 Newstead St, Newborough is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 824m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1960
Floor Size
118m2
Land Size
824m2
Local Government
Latrobe
Lot/Plan
27/LP55086

Last Listing description (February 2023)

Neat 3 bedroom house, just waiting for you to make it your home. Don't miss out!

Features Include:

. Decent sized bedrooms, two with built in ceiling fans

. Sun room to enjoy your morning coffee
. Quirky styled kitchen with electric hotplates
. Central heating and split system for comfort all year round
. Bathroom with shower and separate toilet
. Separate laundry with bench space & broom closet
. Low maintenance gardens with enclosed rear yard
. Large size shed with additional garden shed at rear

**Please note, there will be a rent increase to $350.00 per week, effective from the 19/08/2023.

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 Newstead St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$369,000
31 May 2022
Listed for Rent
$340/w
13 Feb 2023
  • 25 Jan 2023
    Listed for Rent $340 / week
  • 11 Jul 2022
    Listed for Rent $340 / week
  • 31 May 2022
    Sold for $369,000
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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.