OFF MARKET

2/168 Narracan Drive
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 254m2
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Last updated 11 Nov 2024
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Property Details for 2/168 Narracan Dr, Newborough

2/168 Narracan Dr, Newborough is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 254m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in December 2012.

Building Type
Unit
Year Built
1950
Floor Size
64m2
Land Size
254m2
Local Government
Latrobe
Lot/Plan
2/PS605970

Last Listing description (June 2023)

This tidy 3 bedroom Unit presents itself elegantly in what would be a fantastic opportunity for someone looking to enter the Real Estate market as a first home buyer, or even an investor looking to boost their portfolio.

Property Features Include;
- Generous parking spaces

- Verandah running across the front face of the unit
- Beautiful wooden floors
- Adequate kitchen
- Split system air conditioning
- Sufficient land size
- Open plan living

Based in a fantastic location only a short walk to the lovely town community of Newborough. Close to all you would need, schools, shops and transport, located directly out the front of the property.

To book an inspection please call Ryan Hobson on 0438 608 060.

Property History for 2/168 Narracan Dr, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$70,000
04 Dec 2012
Listed for Rent
$280/w
14 Jul 2022
    No history found for this property.

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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.