OFF MARKET

3/14 Balfour Street
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 89m2
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Last updated 4 Nov 2024
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Property Details for 3/14 Balfour St, Newborough

3/14 Balfour St, Newborough is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 89m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in May 2002.

Building Type
Unit
Year Built
1970
Floor Size
67m2
Land Size
89m2
Local Government
Latrobe
Lot/Plan
3/SP25356

Last Listing description (April 2023)

This neat, updated two bedroom unit is now available for rent with The Property Group.

Featuring an updated kitchen, fresh paint and new carpet throughout.

Two bedrooms both with built in robes. Kitchen with electric cooking. Open plan lounge room with gas heater. Bathroom with shower over bath. Separate toilet and European laundry. Private, enclosed courtyard and single carport.

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Property History for 3/14 Balfour St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$42,500
22 May 2002
Listed for Rent
$280/w
19 Apr 2023
  • 03 Apr 2023
    Listed for Rent $280 / week
  • 16 Aug 2016
    Listed for Rent $160 / week
  • 23 Nov 2012
    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 3,946 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 3 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Newborough.

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