OFF MARKET

292 Old Sale Road
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 96m2
Land area: 717m2
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Property Details for 292 Old Sale Rd, Newborough

292 Old Sale Rd, Newborough is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 717m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1960
Floor Size
96m2
Land Size
717m2
Local Government
Latrobe
Lot/Plan
21/LP55090

Last Listing description (February 2022)

Perfectly located close to Primary & High School, sporting facilities right in the heart of Newborough. This property is a classic first home or ideal investment. Returns in the vicinty of $16,640pa with room to increase with minumal input.
Neat well maintanined clad home with concrete stumps. Inviting front porch leads into family living space and open plan kitchen. The well appointed vinyl wrap kitchen is recently updated, with gas cooking and a dishwasher.
Three bedrooms with carpets and blinds. Funcional bathroom with separate bath & shower. Large secure rear yard with four car (7x12M) workshop/garage and garden shed. Allotment size 720ms(app)

For further information or to book a private inspection please contact Rebecca on 0447 049 555 - 03 5127 7777....

Property History for 292 Old Sale Rd, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$400,000
26 Nov 2021
Listed for Rent
$220/w
16 Feb 2017
  • 01 Feb 2022
    Listed for Sale SOLD! By Bec!
  • 26 Nov 2021
    Sold for $400,000
  • 14 Mar 2019
    Sold for $181,000
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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 3,944 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 31 properties listed for sale, and 3 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Newborough.

Suburb Insights for Newborough 3825

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.