SOLD
Sold on 16 Jan 2024 for $325,000

6 Eastern Avenue
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 747m2
Sold By
John Kerr Real Estate Moe
Save

Property Details for 6 Eastern Ave, Newborough

6 Eastern Ave, Newborough is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 747m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Floor Size
79m2
Land Size
747m2
Local Government
Latrobe
Lot/Plan
25/LP55344

Last Listing description (June 2024)

Take this opportunity and secure yourself a fantastic property in peaceful East Newborough.
This very neat, brick veneer home, was modified and suited perfectly to the current owner & now stands as a comfortable two bedder, with the option of reinstating a third bedroom in exchange for the entry/study area. This currently opens to the generous living room which enjoys electric heating.
The cheerful kitchen provides electric cooking appliances as well as space for a dining table. The two bedrooms are at the opposing end of the home, one with built in robes and employ the main bathroom, offering a shower over a hip bath.

The front verandah takes in the view of the nearby greenspace, while the rear verandah has an outlook to the spacious yard, 6 x 8 m (approx.) garage & single carport, all neatly positioned on the elevated 747 sqm (approx.) allotment.
With convenience shopping just around the corner, walking tracks and sporting facilities close by, this would make the perfect place to start your home buying journey, downsizer or family home.

Property History for 6 Eastern Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$325,000
16 Jan 2024
Listed for Rent
$430/w
09 May 2024
  • 09 May 2024
    Listed for Rent $420 / week
  • 16 Jan 2024
    Sold for $325,000
  • 30 Nov 2023
    Listed for Sale UNDER CONTRACT
Sign in to see more transactions

Commute Calculator

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

Market Insights
Newborough Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newborough Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.