SOLD
Sold on 04 Mar 2024 for $329,900

17 Western Avenue
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 103m2
Land area: 613m2
Sold By
First National Real Estate Latrobe
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Property Details for 17 Western Ave, Newborough

17 Western Ave, Newborough is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 613m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
103m2
Land Size
613m2
Local Government
Latrobe
Lot/Plan
12/LP55351

Last Listing description (July 2024)

Situated in a desirable location 17 Western Avenue, Newborough. This property offers a great opportunity for first timers or investors looking to start or add to their portfolio. Currently the property is occupied by long term renters in a fixed term rental agreement until mid 2024, making it an attractive option for investors!

Features Include:

- 3 Bedrooms with Built-in Robes.

- 1 Bathroom offering a shower, single vanity unit and toilet.

- Gas Heating and Air Conditioner to Lounge.

- Double Length Carport & Single Garage.

- Separate Sunroom or Study to rear.

Positioned on an approx. 613m2 block, surrounded by all you'll need, shops, schools or sporting facilities and within minutes of the CBD this property is a must see for anyone looking to get their property journey underway! With great potential to improve and make your own or keep as an investment this property won't last long.

Contact Josh Buckle today on 0427 333 156 or email josh@fnlatrobe.com.au for more information or to arrange a private inspection.

Property History for 17 Western Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$329,900
04 Mar 2024
Listed for Rent
$220/w
15 Jul 2016
  • 04 Mar 2024
    Sold for $329,900
  • 17 Jan 2024
    Listed for Sale $339,000
  • 15 May 2020
    Transferred
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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 3,947 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.
There are currently 31 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 140 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.