OFF MARKET

2/5 Tovell Street
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 157m2
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Property Details for 2/5 Tovell St, Newborough

2/5 Tovell St, Newborough is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 157m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1980
Floor Size
82m2
Land Size
157m2
Local Government
Latrobe
Lot/Plan
6/RP14819

Last Listing description (October 2021)

Located in a much sought after area of Newborough, is this very well maintained unit.
With only three on the block and very quiet neighbours, don't delay on inspecting this property.

* Low maintenance brick veneer unit
* Two spacious bedrooms, both with built in robes
* Light-filled cosy lounge that opens onto the kitchen
* Laminate kitchen with pantry and electric cooker
* Gas heating, electric hot water and single carport
* Live in or rent out -expected weekly rental $240 p/w

Arrange your inspection today!

Property History for 2/5 Tovell St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$192,000
26 Aug 2021
Listed for Rent
$155/w
18 Oct 2016
  • 26 Aug 2021
    Sold for $192,000
  • 13 Aug 2021
    Listed for Sale UNDER CONTRACT
  • 05 Oct 2016
    Listed for Rent $155 / week
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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 3,957 properties. Over the last 5 years, Houses in Newborough have seen a 77.92% increase in median value, while Units have seen a 62.04% increase. As at 31 July 2024:

  • The median value for Houses in Newborough is $414,262 while the median value for Units is $288,503.
  • Houses have a median rent of $410 while Units have a median rent of $250.
There are currently 28 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 141 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.