OFF MARKET

20 Murray Road
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 123m2
Land area: 743m2
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Property Details for 20 Murray Rd, Newborough

20 Murray Rd, Newborough is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 743m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1940
Floor Size
123m2
Land Size
743m2
Local Government
Latrobe
Lot/Plan
1/LP148068

Last Listing description (August 2023)

This property is a fantastic purchase for a young couple, downsizer or active investor. Neatly presented is this cottage style three bedroom home with user friendly kitchen and quality appliances, separate lounge room, modern bathroom plus ducted gas heating.
Outside offers double carport, separate studio, solar panel electric system and beautiful established gardens, all situated on a 743m2 block located close to primary school and easy access to the Moe Town Centre and Princes Freeway interchange

Property History for 20 Murray Rd, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$390,000
15 Jun 2023
Listed for Rent
23 Jan 2019
  • 15 Jun 2023
    Sold for $390,000
  • 19 Apr 2023
    Listed for Sale $380,000 - $415,000
  • 09 Jun 2021
    Sold for $311,000
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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 31 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 140 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.