SOLD
Sold on 10 Jan 2024 for $440,000

8 Cross Street
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 769m2
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Sold By
John Kerr Real Estate Moe
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Property Details for 8 Cross St, Newborough

8 Cross St, Newborough is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 769m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Land Size
769m2
Local Government
Latrobe
Lot/Plan
167/LP27650

Last Listing description (June 2024)

From a commanding position at the top of Newborough, 8 Cross Street has been a one-owner, family home for over sixty years and now it's time to pass on the torch.
This inviting, rendered home, offers a family friendly layout, good sized rooms and potential to renovate and value add in this sought after location.
Sitting on a generous 769 sqm (approx) allotment you will find:

* Light filled lounge, kept comfortable in all seasons with gas ducted heating & split system air conditioning
* Good flow from the living spaces to the meals area
* Galley style kitchen with plenty of storage and electric cooking
* Three bedrooms with built in robes, all accessing the main bathroom
* A huge second living space at the rear of the home plus a study area
* Excellent car storage with single carport and two car garage plus workspaces for the handyman
* A rear covered alfresco in the secure and low maintenance yard
Top this package off with a 3kw solar system and roller shutters to most external windows.
Located close to the Newborough Village, pre and primary schools and approximately 3.5 km to the Moe CBD & Train Station, this solid home would make a wonderful first or family home with opportunity to put your own touches to an established home in an excellent area.

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Property History for 8 Cross St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$440,000
10 Jan 2024
  • 10 Jan 2024
    Sold for $440,000
  • 12 Dec 2023
    Listed for Sale UNDER CONTRACT

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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 3,940 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 31 properties listed for sale, and 1 property listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Newborough.

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