22 Monash RoadNewborough VIC 3825
Property Details for 22 Monash Rd, Newborough
22 Monash Rd, Newborough is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 981m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (September 2022)
Bulldoze and develop town houses, units, create a dual occupancy STCA or capitalize on the location and convert the current dwelling into a medical suite. Utilise the convenience of being only a 30 second walk into the town centre of Newborough, and a 5-minute drive into Moe's CBD. With a current long-term tenant, there are so many options to explore.
Just shy of a quarter acre, in the highly sought-after old Newborough area, positions this fantastic renovator delight at a hop, skip & a jump to shops, schools and public transport. Make the commute to and from work a breeze, with almost direct access to the freeway on/off ramp.
Step back in time as you walk into the strongly built 1950's home, as you take in the original wood-look lined walls. Consisting of 4 large bedrooms with built in robes, an open plan living/dining room, seperate bungalow and plenty of privacy hidden from the main road.
Property History for 22 Monash Rd, Newborough, VIC 3825
- 24 May 2022Sold for $370,000
- 06 Apr 2022Listed for Sale $390,000 - $420,000
- 20 Mar 2008Sold for $160,000
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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.
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