OFF MARKET

4/4-6 Monash Road
Newborough VIC 3825

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 49m2
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Last updated 11 Nov 2024
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Property Details for 4/4-6 Monash Rd, Newborough

4/4-6 Monash Rd, Newborough is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 49m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
Unit
Year Built
1980
Floor Size
54m2
Land Size
49m2
Local Government
Latrobe
Lot/Plan
4/PS625137

Last Listing description (November 2022)

Neat and complete. This tidy one bedroom apartment in Old Newborough is great value for money. The unit offers a generous sized bedroom with built in robes, neat modern kitchen, combined bathroom and laundry, polished floorboards throughout, gas heating, cooking and hot water, car space and small enclosed rear yard.

Property History for 4/4-6 Monash Rd, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$80,000
19 Oct 2016
Listed for Rent
$180/w
02 Nov 2022
  • 25 Oct 2022
    Listed for Rent $180 / week
  • 14 Apr 2021
    Listed for Rent $140 / week
  • 27 Oct 2020
    Listed for Rent $140 / week
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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 3,950 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 3 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Newborough.

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