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
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.

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 3,947 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.