23 Thompsons RoadNewborough VIC 3825
Property Details for 23 Thompsons Rd, Newborough
Last Listing description (June 2024)
- Rare opportunity to secure a block of 16180m2 (approx. 4 acres) in a great close in location
- Suitable for subdivision or re development with power, water and sewerage connected
- Fully enclosed shed 20mX12m suitable for trades person, dilapidated home
Property History for 23 Thompsons Rd, Newborough, VIC 3825
- 24 Jun 2024Sold for $530,000
- 17 May 2024Listed for Sale Contact Agent
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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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