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Sold on 29 Aug 2024 for $390,000

42 Eastern Avenue
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 844m2
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Property Details for 42 Eastern Ave, Newborough

42 Eastern Ave, Newborough is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 844m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Land Size
844m2

Last Listing description (August 2024)

This charming 2-bedroom home has been beautifully updated to accommodate any buyer looking for a modern alternative in the Newborough area. Situated across from some lovely parklands, the front garden has been well maintained and an incredible front hedge will give you added privacy to this already lovely property.
Stepping through the front door of the main residence, you will find the spacious main living area with a split system, as well as the updated kitchen and dining space. Through the living area you will find the bathroom and laundry area and the two bedrooms, with both having BIR's.
Through the back door you will find the veranda, and a beautiful garden running around the fence line. There is also a storage option at the rear of the bungalow for your gardening equipment.

The bungalow itself has brand new flooring, with features including a spacious living area, great size bedroom, neat kitchen area, dining space and a lovely bathroom. All of this could be the perfect second living option for anyone who is looking to accommodate family or friends. Alternatively, it could be utilised as your brand-new home office, or your dream rumpus, social space or even an income producing option.

Property History for 42 Eastern Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$390,000
29 Aug 2024
Listed for Rent
$370/w
19 Aug 2024
  • 29 Aug 2024
    Sold for $390,000
  • 01 Aug 2024
    Listed for Rent $370 / week
  • 08 Jan 2024
    Listed for Sale $390,000-$429,000
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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 3,961 properties. Over the last 5 years, Houses in Newborough have seen a 67.77% increase in median value, while Units have seen a 59.30% increase. As at 30 November 2024:

  • The median value for Houses in Newborough is $392,103 while the median value for Units is $277,851.
  • Houses have a median rent of $420 while Units have a median rent of $273.
There are currently 26 properties listed for sale, and 4 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Newborough.

Suburb Insights for Newborough 3825

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Contact agent
Brendon Van Eyk
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Harcourts Moe-Newborough
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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.