OFF MARKET

50 Newark Avenue
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 717m2
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Property Details for 50 Newark Ave, Newborough

50 Newark Ave, Newborough is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 717m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
House
Land Size
717m2
Local Government
Latrobe
Lot/Plan
3/LP55083

Last Listing description (November 2024)

This beautifully updated two-bedroom home is the perfect blend of style and comfort! The well-appointed kitchen offers plenty of space for dining, while the lounge room is complete with split system heating and cooling, provides the ideal spot to relax year-round. Enjoy the convenience of a separate laundry and toilet, and step outside to an inviting undercover area-perfect for entertaining or simply unwinding. All of this, just moments from local shops and schools-don't miss the chance to make this gem your own!

"It is the responsibility of the applicant to ensure that the internet connection at the property meets their specific needs and requirements."

Property History for 50 Newark Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$159,000
06 May 2016
Listed for Rent
$265/w
05 Nov 2020
  • 08 Nov 2024
    Listed for Rent $355 / week
  • 28 Oct 2020
    Listed for Rent $278 / week
  • 06 May 2016
    Sold for $159,000
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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.