OFF MARKET

62 Eastern Avenue
Newborough VIC 3825

Bedrooms: 4
Bathrooms: 1
Car spaces: 3
Floor area: 128m2
Land area: 829m2
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Property Details for 62 Eastern Ave, Newborough

62 Eastern Ave, Newborough is a 4 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 829m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Floor Size
128m2
Land Size
829m2
Local Government
Latrobe
Lot/Plan
18/LP55786

Last Listing description (January 2020)

Located in a popular area within an easy walk to most facilities is this brick family home which has been in the same family for 50 years. This home on an allotment of approximately 828 sqm offers the astute purchaser:-

* Natural light-filled dining area which opens onto the timber kitchen

* Kitchen boasts generous amount of bench space and gas cooking
* Separate lounge, sun-room and gas centrally ducted heating
* All four bedrooms have built-in robes
* Double garage, single carport and solar system
* Suit someone who would like to do a little updating or the investor wanting a sound investment, inspect today!

Property History for 62 Eastern Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$382,550
02 Mar 2022
  • 02 Mar 2022
    Sold for $382,550
  • 06 Jan 2020
    Sold for $239,000
  • 16 Dec 2019
    Listed for Sale UNDER CONTRACT
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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, 139 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.