SOLD
Sold on 27 Aug 2024 for $365,000

83 Torres Street
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 122m2
Land area: 772m2
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Property Details for 83 Torres St, Newborough

83 Torres St, Newborough is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 772m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Newborough in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
122m2
Land Size
772m2
Local Government
Latrobe
Lot/Plan
6/LP31264

Last Listing description (March 2024)

Investors take a glance without looking any further. If you are looking for your first home or want to start your rental portfolio, 83 Torres Street might be the perfect place for you to start! This is a fantastic property that would appeal to a variety of buyers, whether you're an investor, a first home buyer, or someone looking to downsize or upsize to a beautiful, quiet and calm location.

One of the standout features of this property is the newly renovated wooden flooring throughout the house, which gives it a modern and stylish feel. The lounge is particularly spacious, with high ceilings that allow natural sunlight to flood the room throughout the day. You'll also appreciate the large windows, wall heater and fan that make this a comfortable and inviting space to relax in.

The dining area is also quite spacious and has access to the rear entertaining area, which is perfect for hosting gatherings with family and friends. The kitchen is a real highlight of the property, with a plethora of cupboards, laminated bench tops, and plenty of bench space to work with. You'll also find a 900 ml big gas stove, electric oven and a dishwasher, making this a functional and efficient space for cooking and entertaining.

The master bedroom is another standout feature of the property, with a generous size and plenty of natural sunlight throughout the day. The backyard is also quite spacious, with a wooden decked entertaining alfresco area that offers stunning views of Mount Baw Baw. This area is perfect for a variety of activities, from outdoor dining to relaxation and everything in between.

Finally, the property also features a nice granny flat in the backyard, which could be a great source of income for astute buyers. This is a truly unique property that offers a lot of value and potential, and we'd love to show you around. If you have any questions or would like to book an inspection, please don't hesitate to get in touch.

DISCLAIMERS:

Although every effort has been made to ensure the correctness of the aforementioned information, the vendor, agent, or agency does not represent that it is accurate.

Our floor plans should only be used as a depiction and for informational reasons. We disclaim all responsibility for the veracity or specifics of the information in our floor plans.

Prior to upcoming Open Homes, the status of the sale may change as a result of private buyer inspections. Therefore, before inspecting, we advise you to check the listing status.

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Property History for 83 Torres St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$365,000
27 Aug 2024
Listed for Rent
$185/w
29 Dec 2007
  • 27 Aug 2024
    Sold for $365,000
  • 24 Apr 2023
    Listed for Sale $389,000-$419,000
  • 23 Dec 2021
    Listed for Sale $360,000 - $380,000
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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 3,940 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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