2 Murray RoadNewborough VIC 3825
Property Details for 2 Murray Rd, Newborough
Last Listing description (November 2020)
Built in the early 1950's with an idea of maybe adding a top storey is this very solid home located in a popular area of Newborough.
Set on an allotment of approximately 948 sqm the astute purchaser will appreciate:
* Generous natural light filled living area
* Formal dining or you could make this into a third bedroom or second living
* Original laminate/timber kitchen, gas up-right cooker plus a working slow combustion
* Two bedrooms, both with built in robes
* Externally you have access from Murray Road and Shanahan Parade
* Single garage plus double garage
* Bungalow, awnings and gas amenities
* Plus low maintenance gardens
With such a high demand for properties in this price bracket and it's suitability to a wide range of buyers don't delay making an appointment to view this home!
Property History for 2 Murray Rd, Newborough, VIC 3825
- 04 Nov 2020Sold for $265,000
- 28 Oct 2020Listed for Sale UNDER CONTRACT
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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 68.16% 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.
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