59 Newark AvenueNewborough VIC 3825
Property Details for 59 Newark Ave, Newborough
59 Newark Ave, Newborough is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 677m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (October 2021)
Ideally situated in this centrally convenient location, only 1km to the Newborough CBD and within close proximity to John Field Reserve, Newborough East Primary and Lowanna College, Latrobe Leisure Centre, and numerous reserves and parklands.
This excellently presented home located on a 677m2 allotment, will appeal to those entering the market, downsizing or indeed the astute investor, looking a quality, hassle-free investment.
As you enter the home you are greeted by a light and bright main living area which adjoins the modern kitchen containing a double sink, double fridge, electric cooking, dishwasher, wall pantry and split system a/c providing comfort all year round.
Outside there is a sealed driveway along the side of the home leading to the large 6 x 12m shed, a flat and low maintenance rear yard with a large established tree, providing the perfect space for the kids to play.
Currently leased until December 2021 at $290 per week.
Exceptional Value home in a central and convenient location.
Property History for 59 Newark Ave, Newborough, VIC 3825
- 19 Aug 2021Sold for $344,000
- 05 Aug 2021Listed for Sale $349,000
- 25 Oct 2019Listed for Rent - Price not available
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0About 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.
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