8 Balfour StreetNewborough VIC 3825
Property Details for 8 Balfour St, Newborough
8 Balfour St, Newborough is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1953. The property has a land size of 902m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Last Listing description (November 2017)
Whether you are in the market for a home for yourself or seeking an investment with potential development opportunities then you simply can t look past Number 8 Balfour Street, Newborough. This lovely weatherboard home is full of character, has been partially renovated and is located on a massive 900m2 plus allotment with local shops and schools only a two minute walk away.Offering:
Two bedrooms with a built in robe to the master.
North facing living area with floating floors, gas heating and air conditioning.
Fully renovated and very impressive bathroom complete with large corner shower and tiled from tip to toe.
Large 903m2 (approx.) allotment with original single garage and a secure back yard for the kids to play and animals.
Excellent potential for subdivision (STCA) in Old Newborough with lovely Baw Baw mountain range views.
Property History for 8 Balfour St, Newborough, VIC 3825
- 02 Nov 2017Sold for $173,000
- 03 Oct 2017Listed for Sale Not Disclosed
- 29 Jun 2015Listed 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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