OFF MARKET

5 Tasman Street
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 89m2
Land area: 767m2
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Property Details for 5 Tasman St, Newborough

5 Tasman St, Newborough is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 767m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1960
Floor Size
89m2
Land Size
767m2
Local Government
Latrobe
Lot/Plan
6/LP20502

Last Listing description (May 2022)

Positioned in highly desirable Old Newborough on a generous 746sqm allotment, 5 Tasman Street is a successful blend of old and new with lofty ceilings, decorative cornices and polished floorboards finished under the umbrella of a semi open floorplan and modern colour scheme.
You'll love:
* Bright living space with gas heating and split system air conditioning which flows through to the dining room with polished floorboards

* Updated laminate kitchen with plenty of cupboard space & gas/electric cooking
* Two good sized bedrooms, one with built in robes
* Retro bathroom with shower over bath
* Electric hot water
* Single carport & garage
* Low maintenance yard

Currently tenanted on a month x month basis, this property would make a lovely first home (with plenty of room to extend in the future-STCA), downsizer or addition to your investment portfolio.
Call to book your inspection today.

Property History for 5 Tasman St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$337,000
03 May 2022
Listed for Rent
$220/w
15 Feb 2017
  • 03 May 2022
    Sold for $337,000
  • 19 Apr 2022
    Listed for Sale UNDER CONTRACT
  • 23 Jan 2017
    Listed for Rent - Price not available
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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.