SOLD
Sold on 13 Apr 2024 for $380,000

3 Rutland Street
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 133m2
Land area: 780m2
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Property Details for 3 Rutland St, Newborough

3 Rutland St, Newborough is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 780m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
133m2
Land Size
780m2
Local Government
Latrobe
Lot/Plan
7/LP20500

Last Listing description (May 2020)

*Conveniently positioned brick home in the heart of Old Newborough
*Located only a short stroll from Newborough Village shops and town bus service
*Three bedrooms,original kitchen with dining space,upgraded bathroom, large laundry & two toilets

*Gas heating and split system air conditioning
*Established cottage gardens, spacious 780m2 (approx) allotment, lock up double carport
*Great first home in a very convenient location

Property History for 3 Rutland St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$380,000
13 Apr 2024
  • 13 Apr 2024
    Sold for $380,000
  • 15 May 2020
    Sold for $239,000
  • 07 May 2020
    Listed for Sale $239,000
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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 3,947 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 31 properties listed for sale, and 2 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.