4/62 Shanahan ParadeNewborough VIC 3825
Property Details for 4/62 Shanahan Pde, Newborough
4/62 Shanahan Pde, Newborough is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 135m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (November 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
- 19 Oct 2023Sold for $165,000
- 09 Oct 2023Listed for Sale $159,000
- 21 Apr 2023Listed 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 3,947 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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