OFF MARKET

54 Gleneagles Drive
Newborough VIC 3825

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 713m2
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Last updated 14 Oct 2024
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Property Details for 54 Gleneagles Dr, Newborough

54 Gleneagles Dr, Newborough is a 0 bedroom, 0 bathroom House. The property has a land size of 713m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Land Size
713m2
Local Government
Latrobe
Lot/Plan
38/PS829358

Last Listing description (August 2024)

Enjoy outstanding views soaring over the Baw Baw Ranges and surrounding landscape when you purchase 54 Gleneagles Drive in the prestigious Monash Views Estate. Set amongst a variety of contemporary new builds, this 713 sqm (approx) site is cut, levelled with fences on both sides and ready to build on, all you need to do is design your home.

Accessing completed walking paths to the quiet township, with Preschools, Primary and Secondary schools all nearby, Newborough also offers a variety of amenities with convenience shopping both in nearby Boolarra Avenue and Newborough Village, doctors' surgeries, pharmacies and sporting/recreational centres all close at hand.

Slashed to the incredible low asking price of $220,000 this block must surely represent the best value for money in todays market.

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Property History for 54 Gleneagles Dr, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$190,000
07 Mar 2021
  • 23 Jul 2024
    Listed for Sale REVISED PRICE $220,000
  • 16 Sep 2022
    Listed for Sale PRICE REVISED $248,800
  • 07 Mar 2021
    Sold for $190,000

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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 3,940 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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