OFF MARKET

4B Venice Street
Newborough VIC 3825

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 269m2
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Property Details for 4b Venice St, Newborough

4b Venice St, Newborough is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 269m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Land Size
269m2
Local Government
Latrobe
Lot/Plan
1/PS729595

Last Listing description (August 2020)

Located in a quiet street with a rural outlook is this very tidy, cosy single bedroom home. This home is on the small side but will suit an investor or a couple starting to buy on a shoestring budget. This property is within a short stroll to the Newborough Village and easy access to the freeway. 4B Venice Street offers the purchaser:-* Good sized bedroom with polished floorboards and built in robes * Natural light filled lounge, bottled gas space heater* Laminate and painted timber kitchen with electric cooker * Shower over bath plus laundry in the bathroom * Sun-room/study or dining area* Single carport * Expected rental in the vicinity of $180 per week Arrange your inspection today!

Property History for 4b Venice St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$145,000
09 Jun 2020
  • 09 Jun 2020
    Sold for $145,000
  • 20 May 2020
    Listed for Sale UNDER CONTRACT

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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.