SOLD
Sold on 23 Nov 2023 for $487,000

7 Merton Court
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 129m2
Land area: 682m2
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Property Details for 7 Merton Ct, Newborough

7 Merton Ct, Newborough is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 682m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
129m2
Land Size
682m2
Local Government
Latrobe
Lot/Plan
51/LP130551

Last Listing description (November 2022)

Situated on a 682m2 approx allotment comes 7 Merton Court in Newborough. Located just 1.4km from the Moe CBD, this home is sure to tick so many boxes for any first home buyer, or any small family looking to upsize.
For anyone looking to expand their property portfolio, this low maintenance home is definitely one to consider.
This brick property features:

- 3 great sized bedrooms, all with BIR's, and the master providing an ensuite and WIR.
- Updated open living, kitchen and dining space.
- Split system, providing heating and cooling.
- 2 car garage.
- Conveniently located close to local shops, parks and sporting clubs.

Property History for 7 Merton Ct, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$487,000
23 Nov 2023
  • 23 Nov 2023
    Sold for $487,000
  • 22 Nov 2022
    Sold for $375,000
  • 31 Aug 2022
    Listed for Sale Not Disclosed
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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.