OFF MARKET

2/4 Colli Drive
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 93m2
Land area: 320m2
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Property Details for 2/4 Colli Dr, Newborough

2/4 Colli Dr, Newborough is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 320m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
1990
Floor Size
93m2
Land Size
320m2
Local Government
Latrobe
Lot/Plan
2/PS346118

Last Listing description (September 2023)

Unit's this size are rare in todays market. Located in sought after Ollerton Estate this updated freestanding unit features two good sized bedrooms both with built in robes, modern kitchen with ample cupboard and bench space and gas cooking, open plan dining and large lounge with gas heater and air conditioner, updated bathroom with separate shower and bath, separate toilet, modern updated laundry with extra storage space, large linen space, outside undercover entertaining area, good sized, low maintenance yard and fully enclosed yard. Single carport and single garage.

Property History for 2/4 Colli Dr, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$180,000
11 Nov 2015
Listed for Rent
$300/w
27 Sep 2023
  • 15 Sep 2023
    Listed for Rent $300 / week
  • 02 Oct 2020
    Listed for Rent $260 / week
  • 09 Aug 2018
    Listed 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 3,956 properties. Over the last 5 years, Houses in Newborough have seen a 68.16% increase in median value, while Units have seen a 64.20% increase. As at 30 September 2024:

  • The median value for Houses in Newborough is $394,655 while the median value for Units is $279,123.
  • Houses have a median rent of $405 while Units have a median rent of $253.
There are currently 32 properties listed for sale, and 1 property listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 133 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.