SOLD
Sold on 15 Jun 2024 for $770,000

60 Meadow Lane
Newborough VIC 3825

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 182m2
Land area: 20199m2
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Property Details for 60 Meadow Lane, Newborough

60 Meadow Lane, Newborough is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 20199m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
182m2
Land Size
20199m2
Local Government
Latrobe
Lot/Plan
6M/PP3273

Last Listing description (October 2024)

Ross Maddaluno Real Estate proudly presents this fantastic opportunity in 60 Meadow Lane Newborough.
Highlighted features include:
. 5 acres located only 1.6 km from the township of Newborough.

. 4 Bedrooms with study or office option.
. 3 large sized bedrooms with BIR's and master including WIR and full ensuite.
. 2 Living zones.
. RVC air conditioner & solid fuel heater.
. Ample car space for 4.
. Relaxation or spa room.
. Large shedding.
. Fenced paddocks.
. Town water.
. Solar powered.
. Motivated seller!!
Contact Ross on 04111 22 434 for more details.
Inspect by appointment only.

Visit : https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 60 Meadow Lane, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$770,000
15 Jun 2024
  • 15 Jun 2024
    Sold for $770,000
  • 16 Jun 2023
    Listed for Sale $950,000
  • 09 May 2022
    Listed for Sale SOLD - $835,000
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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 30 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 143 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.