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Sold on 26 Nov 2024 for $425,000

54 Shanahan Parade
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 840m2
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Property Details for 54 Shanahan Pde, Newborough

54 Shanahan Pde, Newborough is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 840m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Land Size
840m2

Last Listing description (November 2024)

Unlock an exceptional opportunity to secure a piece of Newborough with this highly affordable three-bedroom residence. Set within a warm and welcoming community, this property is ideal for first-time homebuyers or astute investors eager to capitalize on a dynamic market. The thoughtfully designed layout offers a comfortable living environment, with generous space that caters to families and individuals alike.

This home greets you with an impressive first impression as polished floorboards extend through the entryway. The generous lounge offers year-round comfort with split system heating and cooling as well as central heating throughout. True to the character of this spacious property, the three large bedrooms provide ample room, with two featuring built-in robes, and the master bedroom enhanced by mirrored sliding doors.

The expansive kitchen, overlooking the backyard, is perfect for family chefs, while the separate laundry and toilet lead seamlessly to the outdoor entertaining area. A dedicated dining space opens directly onto the fully fenced and secure backyard, complete with a garden shed, a shade-providing tree for those warm summer days, and a substantial garage with a double carport. This property has been thoughtfully designed to provide both functionality and comfort for every member of the family.

Situated on Shanahan Parade, this home provides the convenience of nearby local amenities and attractions that highlight Newborough's appeal. Enjoy the tranquility of nearby parks and recreational areas, or take a short drive to the easily accessed freeway. Families will benefit from close proximity to the Newborough leisure center and quality educational institutions, including Newborough Primary School.

This property represents a unique chance to enter the market at an exceptional price point. With its attractive features and desirable location, this home is expected to attract significant interest. On offer to a broad market, contact us today for more information on making this charming property your own.

Property History for 54 Shanahan Pde, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$425,000
26 Nov 2024
Listed for Rent
$250/w
11 Mar 2015
  • 26 Nov 2024
    Sold for $425,000
  • 31 Oct 2024
    Listed for Sale $420,000 - $450,000
  • 09 Nov 2019
    Sold for $257,000
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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 3,961 properties. Over the last 5 years, Houses in Newborough have seen a 67.77% increase in median value, while Units have seen a 59.30% increase. As at 30 November 2024:

  • The median value for Houses in Newborough is $392,103 while the median value for Units is $277,851.
  • Houses have a median rent of $420 while Units have a median rent of $273.
There are currently 26 properties listed for sale, and 5 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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Baley Row
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James Maslen
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Enrich Realty Gippsland
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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.