SOLD
Sold on 16 Jul 2024 for $300,000

5 Boolarra Avenue
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 967m2
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John Kerr Real Estate Moe
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Property Details for 5 Boolarra Ave, Newborough

5 Boolarra Ave, Newborough is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 967m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Floor Size
100m2
Land Size
967m2
Local Government
Latrobe
Lot/Plan
3/LP55342

Last Listing description (October 2024)

Are you looking for an affordable family home?
Located at a central walking distance to pre & primary schools, Lowanna College, sporting facilities and shopping, this property, currently leased on a month x month arrangement at $325 per week, can be sold with vacant possession and provides a wonderful opportunity for a young family or first home buyer wanting to put their own stamp on this home.

On a massive 967 sqm (approx.) allotment, located at 5 Boolarra Ave offers wide street frontage and plenty of room to extend, or add shedding (STCA).

Value add to the;
*Generous living space with gas heating
*Casual dining in the kitchen with electric wall oven and hot plates
*Three good sized bedrooms with built in robes
*Central bathroom with shower over hip bath
*Low maintenance exterior
*Single garage

Book your private inspection to view one of the best value for money properties in Newborough.

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Property History for 5 Boolarra Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$300,000
16 Jul 2024
Listed for Rent
$180/w
17 Apr 2014
  • 16 Jul 2024
    Sold for $300,000
  • 25 Jun 2024
    Listed for Sale UNDER CONTRACT
  • 25 Sep 2023
    Listed for Sale $345,000
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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 3,947 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 30 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Newborough.

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