OFF MARKET

81 Monash Road
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 819m2
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Last updated 16 Dec 2024
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Property Details for 81 Monash Rd, Newborough

81 Monash Rd, Newborough is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 819m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1960
Floor Size
65m2
Land Size
819m2
Local Government
Latrobe
Lot/Plan
1/TP519553

Last Listing description (February 2024)

Step into a world of possibilities with this charming 2-bedroom, 1-bathroom property on Monash Road, Newborough. Nestled on an impressive 819m2 allotment, this property offers not only a comfortable dwelling but also the potential to shape your real estate dreams.

Located just 500m from Newborough's main street comprising take-out shops, the local pub, petrol station, hairdressers, bakeries and more. Plus 3.7kms from Moe's CBD and approximately 1km from the highway, the location of this property is super convenient.

The home comprises two bedrooms, and one bathroom with all the necessities including a shower, toilet & vanity. An open plan kitchen living & dining area accompanied by split system heating and cooling. A separate laundry, a fully enclosed backyard, and a single-car carport. Positioned thoughtfully on the back right-hand side of the property, allowing for the potential of subdivision (STCA).

This property is something you won't want to miss out on, the opportunities are endless!

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Property History for 81 Monash Rd, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$300,000
01 Nov 2023
Listed for Rent
$215/w
13 Feb 2018
  • 01 Nov 2023
    Sold for $300,000
  • 14 Aug 2023
    Listed for Sale $315,000 - $345,000
  • 23 Dec 2019
    Sold for $165,000
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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 3,961 properties. Over the last 5 years, Houses in Newborough have seen a 67.77% increase in median value, while Units have seen a 59.30% increase. As at 30 November 2024:

  • The median value for Houses in Newborough is $392,103 while the median value for Units is $277,851.
  • Houses have a median rent of $420 while Units have a median rent of $273.
There are currently 26 properties listed for sale, and 4 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Newborough.

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