68 Cross StreetNewborough VIC 3825
Property Details for 68 Cross St, Newborough
68 Cross St, Newborough is a 2 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 800m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (March 2019)
Yes, you read right! 8.88% gross return. 4 x 1 bedroom units on one title in a sought after and quiet location in Old Newborough returning $20,280pa . Excellent rental history. High side of the road, good fencing, established neighbourhood, fabulous opportunity to improve and reap the rewards. Make the choice today to secure your future!
Property History for 68 Cross St, Newborough, VIC 3825
- 18 Mar 2020Sold for $380,000
- 14 Jan 2019Sold for $225,000
- 30 Nov 2018Listed for Sale SOLD!!
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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 3,947 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.
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