OFF MARKET

54 Newark Avenue
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 111m2
Land area: 893m2
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Last updated 11 Nov 2024
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Property Details for 54 Newark Ave, Newborough

54 Newark Ave, Newborough is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 893m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
1960
Floor Size
111m2
Land Size
893m2
Local Government
Latrobe
Lot/Plan
1/LP55085

Last Listing description (August 2023)

A beautifully presented three bedroom home with BIR's to the master bedroom. Spacious kitchen with electric cooking appliances, split system to living area and central heating throughout and a formal dining area. Outside there is a range of beautiful gardens with an outdoor patio area and garage. A must inspect!

Property History for 54 Newark Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$380,000
24 Jan 2022
Listed for Rent
$390/w
10 Aug 2023
  • 09 Aug 2023
    Listed for Rent $390 / week
  • 11 Mar 2022
    Listed for Rent $380 / week
  • 24 Jan 2022
    Sold for $380,000
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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 3,947 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.
There are currently 31 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 140 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.