SOLD
Sold on 06 Apr 2024 for $215,000

3/22 Balfour Street
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 100m2
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Property Details for 3/22 Balfour St, Newborough

3/22 Balfour St, Newborough is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 100m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Newborough in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
67m2
Land Size
100m2
Local Government
Latrobe
Lot/Plan
2/RP11981

Last Listing description (September 2023)

Discover the perfect blend of location, convenience, and natural beauty in this exceptional two-bedroom unit nestled in the highly sought-after area of Newborough. With its prime position, within meters of the Newborough Village and views of the Baw Baw mountains, this property is an absolute gem.

Features include:
- Two good size bedrooms with built in robes

- Open plan kitchen/dining space
- Combined bathroom and laundry
- Single carport with small private courtyard

Don't miss this incredible opportunity to secure a two-bedroom unit in a highly sought-after location. Whether you're a first-time buyer, downsizer, or investor, this property offers a lifestyle of comfort and convenience. Contact us today to arrange a private inspection of this home.

Property History for 3/22 Balfour St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$215,000
06 Apr 2024
  • 06 Apr 2024
    Sold for $215,000
  • 01 Jun 2023
    Listed for Sale $240,000
  • 31 Jul 2015
    Listed for Sale Not Disclosed
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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 3,961 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.
There are currently 26 properties listed for sale, and 4 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 140 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.