8 Kariba CrescentNewborough VIC 3825
Property Details for 8 Kariba Cres, Newborough
Last Listing description (February 2024)
Planned around the site's natural features, Narracan Lakes is a master planned residential neighborhood designed with the needs of families and those with an active lifestyle at the forefront and connecting local walking trails, parklands and public spaces - all for your convenience.
This rectangle and Titled near flat allotment will cater for all building plans, allowing for side access for easy convenience, with all services available, including optic fibre NBN, there's no better place to start your next chapter than Narracan Lakes!
Property History for 8 Kariba Cres, Newborough, VIC 3825
- 08 Feb 2024Sold for $248,000
- 20 Mar 2023Listed for Sale $260,000
- 09 Jul 2021Sold for $170,000
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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 3,950 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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