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Sold on 26 Oct 2023 - Price Unavailable

4/62 Shanahan Parade
Newborough VIC 3825

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 4/62 Shanahan Pde, Newborough

4/62 Shanahan Pde, Newborough is a 1 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Local Government
Latrobe
Lot/Plan
4/PS618984

Last Listing description (October 2023)

Introducing a charming 1-bedroom brick unit located at 4/62 Shanahan Parade, Newborough. This modern unit offers a clean and simple design, perfect for a single person or couple.

Inside, you'll find an open plan layout with a spacious living area that seamlessly connects to the kitchen. The bedroom is generously sized and is accompanied by a modern bathroom. This unit offers both functionality and practicality.

Situated in a great part of Newborough, this unit is conveniently located near shops, restaurants, and parks. Public transport options are also easily accessible, making commuting a breeze.

Currently achieving a rental income of $250 per week, this unit presents a fantastic investment opportunity. Whether you're a first-time buyer, downsizer, or investor, this 1-bedroom brick unit at 4/62 Shanahan Parade, Newborough, offers a modern and stylish living space in a sought-after location. Don't miss out, arrange a viewing today.

Contact Jesse on 0421 337 777

Property Code: 2699

Property History for 4/62 Shanahan Pde, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
26 Oct 2023
Listed for Rent
$250/w
17 Jun 2023
  • 19 Oct 2023
    Sold for $165,000
  • 09 Oct 2023
    Listed for Sale $159,000
  • 21 Apr 2023
    Listed for Rent - Price not available
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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 3,957 properties. Over the last 5 years, Houses in Newborough have seen a 77.92% increase in median value, while Units have seen a 62.04% increase. As at 31 July 2024:

  • The median value for Houses in Newborough is $414,262 while the median value for Units is $288,503.
  • Houses have a median rent of $410 while Units have a median rent of $250.
There are currently 28 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Newborough.

Suburb Insights for Newborough 3825

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Contact agent
Jesse Watson
Show contact details
KW Property Sales & Rental
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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.