OFF MARKET

2/1 Law Street
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 82m2
Land area: 735m2
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Property Details for 2/1 Law St, Newborough

2/1 Law St, Newborough is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 735m2 and floor size of 82m2.

Building Type
Unit
Year Built
1970
Floor Size
82m2
Land Size
735m2
Local Government
Latrobe

Last Listing description (March 2019)

'WE REQUIRE YOUR APPLICATION BEFORE VIEWING ANY OF OUR PROPERTIES nWe have this two bedroom unit in a very quiet complex, has open plan living, electric cooking & appliances, Plenty of cupboard space, splitsystem for cooling and heating, ** Upon receiving your application we will review your suitability and make contact with you to arrange an inspection, should you be suitable. **

Property History for 2/1 Law St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Listed for Rent
20 Mar 2019
  • 04 Mar 2019
    Listed for Rent $155 / week
  • 08 Oct 2015
    Listed for Rent - Price not available
  • 10 Jun 2013
    Listed for Sale Not Disclosed

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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, 139 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.