OFF MARKET

46 Newark Avenue
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 94m2
Land area: 907m2
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Property Details for 46 Newark Ave, Newborough

46 Newark Ave, Newborough is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1955. The property has a land size of 907m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
House
Year Built
1955
Floor Size
94m2
Land Size
907m2
Local Government
Latrobe
Lot/Plan
1/LP55083

Last Listing description (May 2019)

* A very well located Newborough home with schools, shops, sporting facilities and local bus service available nearby
* Three generous bedrooms with updated laminate kitchen
* Spacious corner allotment spanning approximately 905m2 in size

* Very good sized, higher clearance garage with carport area off side
* Under cover BBQ area directly off house
* Loads of potential to cosmetically enhance the property and reap the rewards.

Property History for 46 Newark Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$195,000
10 Apr 2019
Listed for Rent
$200/w
25 Aug 2012
  • 10 Apr 2019
    Sold for $195,000
  • 30 Mar 2019
    Listed for Sale Not Disclosed
  • 17 Sep 2018
    Listed for Sale $210,000
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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 3,944 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, 139 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.