SOLD
Sold on 09 May 2024 for $505,000

5 Jeeralang Avenue
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 139m2
Land area: 685m2
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Property Details for 5 Jeeralang Ave, Newborough

5 Jeeralang Ave, Newborough is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 685m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
139m2
Land Size
685m2
Local Government
Latrobe
Lot/Plan
119/LP145405

Last Listing description (August 2017)

Positioned in sought after Ollerton Estate amid established homes close to schools and parkland. This three bedroom plus study home is beautifully refurbished to add a touch of modern class. The main living space is flooded with natural light and offers a tranquil outlook to established gardens and outdoor entertaining area.
The exquisitely renovated kitchen boasts stone benches as well as stainless appliances. Separate dining flows from the kitchen and onto the outdoor living area, complete with deck lighting.
Three generous bedrooms all offer built in robes whilst an additional study knook cleverly offers extra appeal. The extra large master bedroom complete with stunning ensuite has been recently remodeled to incorporate a large shower with frameless shower screen, plus a walk in wardrobe.

Neutral tones feature throughout this gorgeous home, along with new flooring and wiring. Gas ducted heating will keep you warm and toasty on those cool winter nights. Plus 3kw solar panels and back to base security system. Established low maintenance rear yard with double carport and workshop. A fantastic alternative to building in a convenient popular neighbourhood, ready to occupy. For further information please contact FIRST NATIONAL REAL ESTATE | NARRACAN 03 5127 7777 | 0447 049 555
Property Code: 1200

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Property History for 5 Jeeralang Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$505,000
09 May 2024
Listed for Rent
$280/w
28 Apr 2011
  • 09 May 2024
    Sold for $505,000
  • 06 May 2017
    Sold for $320,000
  • 17 Feb 2017
    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 3,940 properties. Over the last 5 years, Houses in Newborough have seen a 68.16% increase in median value, while Units have seen a 64.20% increase. As at 30 September 2024:

  • The median value for Houses in Newborough is $394,655 while the median value for Units is $279,123.
  • Houses have a median rent of $405 while Units have a median rent of $253.
There are currently 31 properties listed for sale, and 1 property listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Newborough.

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