OFF MARKET

28 Balfour Street
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 101m2
Land area: 828m2
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Last updated 14 Oct 2024
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Property Details for 28 Balfour St, Newborough

28 Balfour St, Newborough is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 828m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in February 2001.

Building Type
House
Year Built
1950
Floor Size
101m2
Land Size
828m2
Local Government
Latrobe
Lot/Plan
2/LP28035

Last Listing description (November 2022)

Ideally located in a quiet street, close to schools and Newborough village shopping hub, is this brick veneer family home. Featuring three bedrooms with freestanding robes to two rooms. A central bathroom with shower and vanity. A huge eat-in kitchen with ample cupboard and bench space as well as electric cooking. A rear sunroom, separate toilet and outdoor laundry. Gas central heating and split system air conditioner for all year round comfort. Nestled amongst established, private gardens with a paved patio and large, powered double garage.

Property History for 28 Balfour St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$60,500
16 Feb 2001
Listed for Rent
$330/w
17 Nov 2022
  • 28 Oct 2022
    Listed for Rent $330 / week
  • 08 Dec 2020
    Listed for Rent $280 / week
  • 16 Feb 2001
    Sold for $60,500

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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 3,940 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 31 properties listed for sale, and 1 property listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Newborough.

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