OFF MARKET

243 Old Sale Road
Newborough VIC 3825

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 150m2
Land area: 730m2
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Last updated 28 Oct 2024
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Property Details for 243 Old Sale Rd, Newborough

243 Old Sale Rd, Newborough is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1962. The property has a land size of 730m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1962
Floor Size
150m2
Land Size
730m2
Local Government
Latrobe
Lot/Plan
12/LP55085

Last Listing description (December 2022)

This home is in a great location. It has 5 Bedrooms in the main home, with potential to convert it into 6th bedroom and a Study. Perfect for the home buyer or investor.

- There is a good-sized lounge room with ceiling fan, split system and a gas heater

- The Kitchen has a new electric oven and dishwasher

- The master bedroom has an ensuite

- And the property has a Bungalow outside.

- The home comes with two crossovers and a circular driveway

- There is a double carport and a 1 car garage with workshop

- Situated close to Lowanna College & Primary Schools

- Approx 100m from local Coffee shop, Milk bar, Hairdresser & Vet

Contact Frank Palermo for an inspection 0427 049 696 at KW Property Sales & Rental.

Property Code: 2218

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Property History for 243 Old Sale Rd, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$412,000
21 Nov 2022
  • 21 Nov 2022
    Sold for $412,000
  • 09 May 2022
    Listed for Sale UNDER OFFER
  • 18 Oct 2010
    Sold for $188,500
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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 68.16% increase in median value, while Units have seen a 64.20% increase. As at 30 September 2024:

  • The median value for Houses in Newborough is $394,655 while the median value for Units is $279,123.
  • Houses have a median rent of $405 while Units have a median rent of $253.
There are currently 28 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Newborough.

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