OFF MARKET

7/4-6 Monash Road
Newborough VIC 3825

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 48m2
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Property Details for 7/4-6 Monash Rd, Newborough

7/4-6 Monash Rd, Newborough is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 48m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
Unit
Year Built
1970
Floor Size
48m2
Land Size
48m2
Local Government
Latrobe
Lot/Plan
7/PS625137

Last Listing description (August 2019)

The near town centre proximity is just one of the features of this attractive single bedroom unit. The bedroom has built in robes and is serviced by a full sized bathroom with shower over bath, laundry and toilet. The spacious lounge has gas heating and air conditioning for the warm summer. The well planned kitchen has been updated with a gas stove and rangehood. With 2 separate entries this unit offers more living space than usual. Outside there is a delightful courtyard.

Unit is leased at $6,240 per annum.


THIS HAS TO BE SOLD BY SET DATE THURSDAY 21 SEPTEMBER 2017 DUE TO AN URGENT TRUST SALE!

Property History for 7/4-6 Monash Rd, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$82,000
30 Sep 2017
Listed for Rent
$120/w
19 Feb 2016
  • 25 Apr 2018
    Listed for Sale $95,000
  • 30 Sep 2017
    Sold for $82,000
  • 24 Aug 2017
    Listed for Sale P.O.A.
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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 3,956 properties. Over the last 5 years, Houses in Newborough have seen a 68.16% increase in median value, while Units have seen a 64.20% increase. As at 30 September 2024:

  • The median value for Houses in Newborough is $394,655 while the median value for Units is $279,123.
  • Houses have a median rent of $405 while Units have a median rent of $253.
There are currently 32 properties listed for sale, and 1 property listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 133 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.