2227 Wimmera Hwy, Newbridge is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 112100m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
If you're looking for a tree change, then this is a must to inspect. Situated only about 700 metres from the town centre, walking distance to the pub and general store, the home is on a partially cleared block of approximately 27 acres [11.26 hectares], with a huge dam, which used to be the town's water supply, and plenty of shedding. Two of the designated bedrooms have built-in robes, the study could easily be a 4th bedroom if needed. There are 2 living areas, including a combined kitchen/meals/lounge area and separate dining or family room. A solid fuel heater and reverse cycle heating and cooling unit provide year round comfort, while two 22,000 litre [approx.] tanks ensure continuous water supply. There's a drop off and pick up school bus service to schools at Marong and Maiden Gully. For the investor, there's been community interest to rent the property for $400 to $450 per week. It must be noted that the property wasn't impacted by the recent floods, being on the western side of the river. Inspect and be impressed!
The size of Newbridge is approximately 96.3 square kilometres. It has 3 parks covering nearly 7.4% of total area. The population of Newbridge in 2011 was 359 people. By 2016 the population was 185 showing a population decline of 48.5% in the area during that time. The predominant age group in Newbridge is 60-69 years. Households in Newbridge are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Newbridge work in a managers occupation. In 2011, 81.1% of the homes in Newbridge were owner-occupied compared with 86.7% in 2016..
Newbridge has 216 properties. Over the last 5 years, Houses in Newbridge have seen a 110.53% increase in median value, while Units have seen a -60.51% decrease. As at 30 November 2024:
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