OFF MARKET

3/62 Shanahan Parade
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 66m2
Land area: 172m2
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Last updated 30 Sep 2024
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Property Details for 3/62 Shanahan Pde, Newborough

3/62 Shanahan Pde, Newborough is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1965. The property has a land size of 172m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1965
Floor Size
66m2
Land Size
172m2
Local Government
Latrobe
Lot/Plan
3/PS618984

Last Listing description (January 2023)

Fully renovated 2-bedroom brick veneer unit with electric appliances and hot water, new carpets and tiles to wet areas, shower over bath, separate toilet, single carport, undercover workshop and communal undercover entertainment area.

Property History for 3/62 Shanahan Pde, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$138,400
07 Jul 2021
Listed for Rent
$250/w
31 Jan 2023
  • 24 Oct 2022
    Listed for Rent $250 / week
  • 07 Jul 2021
    Sold for $138,400
  • 15 Apr 2021
    Listed for Sale SOLD!!
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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 3,956 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 32 properties listed for sale, and 1 property listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 133 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.