OFF MARKET

2/36 Ollerton Avenue
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 108m2
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Last updated 18 Nov 2024
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Property Details for 2/36 Ollerton Ave, Newborough

2/36 Ollerton Ave, Newborough is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 108m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1987
Floor Size
80m2
Land Size
108m2
Local Government
Latrobe
Lot/Plan
5/SP21561

Last Listing description (September 2022)

Situated in a lovely area of Newborough, we have this lovely well maintained unit that is just waiting for you to call home. Features include:
Open plan living with ceiling fan, gas wall furnace, in wall air conditioner
Neat & tidy kitchen with gas cooking

Bedrooms with built robes & ceiling fan
Updated modern bathroom
Carport
Enjoy the privacy of your fully enclosed courtyard.
Currently lease until February 2023 with a fantastic tenant in place!
To arrange an inspection, please call Russell at Latrobe Valley Real Estate on 0499 150 313

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Property History for 2/36 Ollerton Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$255,000
13 Jul 2022
Listed for Rent
$290/w
28 Jan 2022
  • 13 Jul 2022
    Sold for $255,000
  • 25 Jan 2022
    Listed for Rent $290 / week
  • 19 Nov 2021
    Sold for $249,900
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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 30 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Newborough.

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