295 Monash RoadNewborough VIC 3825
Property Details for 295 Monash Rd, Newborough
295 Monash Rd, Newborough is a 3 bedroom, 2 bathroom AcreageSemi-rural. The property has a land size of 20ac. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom AcreageSemi-rural sold in Newborough in the last 12 months.
Last Listing description (April 2024)
Discover the perfect blend of space, convenience, and potential with this remarkable property. Boasting 20 acres of picturesque land on the edge of town, this parcel offers a rare opportunity for those seeking a balance of rural tranquility and urban accessibility.
The property features a cozy 3 bedroom brick home with 2 bathrooms, offering comfortable living spaces and a seamless flow between the open living, kitchen, and dining areas. Outside, a double carport and generously-sized shedding provide ample space for storage and hobbies.
With its prime location near schools, shops, and other amenities, daily conveniences are just moments away. Plus, the potential for future re-zoning opens the door to exciting development opportunities (S.T.C.A.).
Property History for 295 Monash Rd, Newborough, VIC 3825
- 12 Apr 2024Sold for $960,000
- 05 Mar 2024Listed for Sale $950,000 - $1,000,000
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0About 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 3,961 properties. Over the last 5 years, Houses in Newborough have seen a 67.77% increase in median value, while Units have seen a 59.30% increase. As at 30 November 2024:
- The median value for Houses in Newborough is $392,103 while the median value for Units is $277,851.
- Houses have a median rent of $420 while Units have a median rent of $273.
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