OFF MARKET

2 Powell Street
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 772m2
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Last updated 18 Nov 2024
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Property Details for 2 Powell St, Newborough

2 Powell St, Newborough is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 772m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1950
Floor Size
114m2
Land Size
772m2
Local Government
Latrobe
Lot/Plan
134/LP27651

Last Listing description (December 2022)

Situated in Old Newborough this well loved property up on the hill is this ideal first home with 3 bedrooms, solid fuel and gas heating, R/C split system, upgraded kitchen, roller security shutters, carport plus garage and a spacious secure backyard. Add your own touch's and flair and make it your own family home for years to come.
Your inspection highly recommended. All enquiries to Graeme Yalden on 0459220150.

Property History for 2 Powell St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$330,000
17 Oct 2022
  • 17 Oct 2022
    Sold for $330,000
  • 06 Oct 2022
    Listed for Sale $334,500

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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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