51 Western AvenueNewborough VIC 3825
Property Details for 51 Western Ave, Newborough
51 Western Ave, Newborough is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 700m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last transferred in February 2023.
Last Listing description (February 2023)
This property needs a lot of work, it is not just a quick paint job.
Located in a popular part of Newborough close to sporting facilities, secondary and primary schools this three-bedroom home has great potential on a 700m2 block.
Renovations needed include bathroom, kitchen, and full interior upgrades. The house has a good size lounge room with bonus family room or fourth bedroom.
Hard work renovating this property will give great investment potential or demolish the lot and start again.
Auction will be held on site on Saturday 4th February at 11:00am
Property History for 51 Western Ave, Newborough, VIC 3825
- 04 Feb 2023Transferred
- 05 Jan 2023Listed for Sale AUCTION
- 07 Dec 2022Listed for Sale AUCTION
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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.
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