37 Murray RoadNewborough VIC 3825
Property Details for 37 Murray Rd, Newborough
37 Murray Rd, Newborough is a 6 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 741m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Last Listing description (September 2018)
* Block of 3 units on an allotment of approximately 740 sqm
* All units have 2 bedrooms with built-in robes
* Gas heating in lounge area
* Single carports for each unit
* Private block, long term tenants
* Receiving approximately 8.5% gross return
Property History for 37 Murray Rd, Newborough, VIC 3825
- 08 Aug 2018Sold for $220,000
- 26 Jun 2018Listed for Sale UNDER OFFER
- 14 Dec 2008Sold for $175,000
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0About 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.
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