OFF MARKET

296 Old Sale Road
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 97m2
Land area: 754m2
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Last updated 14 Oct 2024
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Property Details for 296 Old Sale Rd, Newborough

296 Old Sale Rd, Newborough is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 754m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1950
Floor Size
97m2
Land Size
754m2
Local Government
Latrobe
Lot/Plan
23/LP55090

Last Listing description (March 2023)

If you're after your first home or looking to begin your rental portfolio - 296 Old Sale Road may just be the property for you!

Ideally located in the sought-after town of Newborough sits this beautifully maintained, three-bedroom home. Not only is it situated 1.4kms from the main Street of Newborough but is also 3.7kms from Moe's CBD, the perfect central location.

Inclusions of the property include:

- Spacious timber kitchen, with stainless steel appliances,
- Living room with built-in bookshelves
- Well-appointed laundry,
- Bathroom with a shower and single vanity,
- Built-in robes in all bedrooms,
- Ducted heating and cooling throughout,
- Large outdoor entertainment area with spa bath and adjoining storage space,
- Tandem carport and garden shed,
- Low maintenance yard

You don't want to miss out on an opportunity like this - call to book your inspection today!

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Property History for 296 Old Sale Rd, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$355,000
26 Jan 2023
  • 26 Jan 2023
    Sold for $355,000
  • 03 Jan 2023
    Listed for Sale $355,000 - $375,000

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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 3,940 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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