OFF MARKET

45 Northern Avenue
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 722m2
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Last updated 11 Nov 2024
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Property Details for 45 Northern Ave, Newborough

45 Northern Ave, Newborough is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 722m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1950
Floor Size
94m2
Land Size
722m2
Local Government
Latrobe
Lot/Plan
12/LP55082

Last Listing description (March 2023)

Looking for a diamond in the rough? Look no further than this North Newborough 3 bedroom home.
While this home may need some renovation work, it presents an incredible opportunity for the savvy buyer who is ready to make it their own. With great bones and a fantastic layout, this property has the potential to be transformed and create capital value.

The location can't be beat, with convenient access to all the amenities you need. Whether you're looking for great schools, beautiful parks, sporting grounds or local shops you'll find it all just a stone's throw away from your front door.

So why wait? Come see this property today and discover the untapped potential that awaits! With a little bit of elbow grease and a lot of vision, this home could be everything you've been looking for and more.
Don't miss out on this amazing opportunity to create your dream home in one of the most sought-after locations in town.

Property History for 45 Northern Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$239,000
16 Mar 2023
  • 16 Mar 2023
    Sold for $239,000
  • 28 Feb 2023
    Listed for Sale $239,000
  • 09 Sep 2008
    Listed for Sale $138,500
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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 31 properties listed for sale, and 2 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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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.