OFF MARKET

3/1 March Street
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 115m2
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Last updated 11 Nov 2024
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Property Details for 3/1 March St, Newborough

3/1 March St, Newborough is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 115m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1975
Floor Size
82m2
Land Size
115m2
Local Government
Latrobe
Lot/Plan
3/RP18118

Last Listing description (July 2023)

One of two rear units in a block of four, Unit 3, 1 March Street in Newborough might need a little bit of love but its quiet position in a popular area of Newborough will ensure the purchaser wins on many fronts.
This unit sports an open plan living/dining and kitchen area with a timber kitchen and electric cooking, two bedrooms, both with built in robes and a combined laundry/bathroom supplied with gas hot water
There is a private rear courtyard and a single carport from which you can access the unit from the front or the rear.

A great opportunity to purchase in an excellent location at an entry level price, whether it be for an investment or call it home. Book your inspection today.

Property History for 3/1 March St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$175,000
12 Jan 2023
Listed for Rent
$160/w
16 Jan 2016
  • 12 Jan 2023
    Sold for $175,000
  • 02 Dec 2022
    Listed for Sale UNDER OFFER
  • 16 Dec 2015
    Listed for Rent - Price not available
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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 68.07% 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 30 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 143 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.