SOLD
Sold on 14 Mar 2024 for $400,000

20 Newark Avenue
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 746m2
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Property Details for 20 Newark Ave, Newborough

20 Newark Ave, Newborough is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 746m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
104m2
Land Size
746m2
Local Government
Latrobe
Lot/Plan
22/LP55081

Last Listing description (May 2024)

20 Newark Avenue Newborough awaits its new owners and offers not only a great location, a home to entertain and plenty more to enjoy including:

+ 3 bedrooms hardy plank home with built in robes.
+ Open kitchen offers bench/breakfast bar & Built in bar in lounge room.

+ Inviting entry & mud room leading into living room with CCTV and alarm system.
+ Central bathroom and large laundry area
+ 2 Car garage plus oversized carport
+ New Wood heater & 7kw split system (Braemar) plus ceiling fans
+ 6.6kw solar panel system (Solar Hart) & New electric hot water unit (Aquamax).

Outside the property has a rear decking overlooking the low maintenance gardens with double high clearance carport with remote roller door along with double garage with pot belly. The back yard is secure and enclosed.

This home is in walking distance to primary and secondary schools, sporting facilities, local shops & public transport

Jorjesen Demetrios 0488 058 020

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Property History for 20 Newark Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$400,000
14 Mar 2024
Listed for Rent
$320/w
03 May 2021
  • 14 Mar 2024
    Sold for $400,000
  • 18 Jan 2024
    Listed for Sale $409,000
  • 08 Mar 2022
    Sold for $375,000
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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 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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