OFF MARKET

55 Western Avenue
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 80m2
Land area: 762m2
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Property Details for 55 Western Ave, Newborough

55 Western Ave, Newborough is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 762m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
1970
Floor Size
80m2
Land Size
762m2
Local Government
Latrobe
Lot/Plan
5/LP55785

Last Listing description (February 2022)

Located in a quiet area of Newborough is this two bedroom home offering the buyer a chance to upgrade and capitalise on a great position.

Just a hop, skip and a jump to both primary & secondary schools, kindergarten and sporting facilities, it won't take someone long to snap up:

* Large living room
* Two good sized bedrooms, both with built in robes
* Light and bright kitchen with gas cooking
* Retro bathroom with shower over bath
* Gas ducted heating
* Generous double garage plus a garden shed
* Good fencing and secure yard
* 762 sqm allotment

Overlooking greenspaces in a popular area of Newborough, give us a call to arrange your inspection today.

Property History for 55 Western Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$280,000
18 Jan 2022
  • 18 Jan 2022
    Sold for $280,000
  • 22 Dec 2021
    Listed for Sale UNDER CONTRACT
  • 30 Jun 2021
    Sold for $130,000

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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, 137 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.