2/4-6 Monash RoadNewborough VIC 3825
Property Details for 2/4-6 Monash Rd, Newborough
2/4-6 Monash Rd, Newborough is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 47m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in September 2014.
Last Listing description (October 2024)
Unit 2/4-6 Monash Road, Newborough is now FOR SALE! Act fast, as a quick sale is required for this gem! This one-bedroom brick veneer unit, part of a 13-unit complex, is ready to impress. With updated wiring, polished floors, and modern amenities including a reverse cycle air-conditioner and gas wall furnace, it's a dream come true. Enjoy energy-efficient living with a gas stove and rangehood in the updated kitchen. Located conveniently near schools, churches, and shopping, this unit is perfect for investors or first-time buyers. Projected rental return of $13,000 per annum makes it a lucrative investment opportunity. Don't miss out! Contact Ross on 04111 22 434 for more information and to schedule a viewing. #Forsale #Newborough #InvestmentOpportunity #HotProperty
Visit : https://www.consumer.vic.gov.au/duediligencechecklist
Property History for 2/4-6 Monash Rd, Newborough, VIC 3825
- 08 Oct 2024Listed for Sale $197,000
- 08 Mar 2024Listed for Sale $197,000
- 29 Mar 2019Listed for Rent - Price not available
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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.
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