7 Law StreetNewborough VIC 3825
Property Details for 7 Law St, Newborough
7 Law St, Newborough is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 807m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (September 2019)
Number 7 Law Street, Newborough is the perfect project home opportunity for those seeking to reap the rewards. This home has amazing potential, has great bones and is an excellent sought after Old Newborough location. Not for the faint hearted this is a full renovation project however this brick veneer home is very solid under foot and has some lovely features with polished floor boards and high ceilings. Offering:
Three bedrooms plus a separate small study/craft nook.
Spacious living area with polished floor boards and large windows allow for lots of light.
Good sized block with a brick oversized garage.
Excellent location in Old Newborough close to local schools and shops.
This home does need a lot of work but with a little imagination, some hard work and a few dollars you could have a wonderful home to either flip or live in yourself. For a brick home in this area at under $190,000 you cant go wrong.
Property History for 7 Law St, Newborough, VIC 3825
- 06 Mar 2021Sold for $380,000
- 20 Sep 2019Sold for $193,000
- 17 Sep 2019Listed for Sale Not Disclosed
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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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