OFF MARKET

39 Murray Road
Newborough VIC 3825

Bedrooms: 4
Bathrooms: -
Car spaces: -
Land area: 706m2
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Property Details for 39 Murray Rd, Newborough

39 Murray Rd, Newborough is a 4 bedroom, bathroom Unit. The property has a land size of 706m2. While the property is not currently for sale or for rent, it was last transferred in March 2024.

Building Type
Unit
Land Size
706m2
Local Government
Latrobe
Lot/Plan
1/TP572309

Property History for 39 Murray Rd, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Transferred
23 Mar 2024
  • 23 Mar 2024
    Transferred
  • 06 Dec 2021
    Sold for $170,000

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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 30 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 142 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.