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Investment Property Newborough, VIC, 3825

Suburb Snapshot

Newborough is a suburb in the Latrobe Region of Victoria. Newborough has a population of 6,759 people and 22.61% of its occupants live in rental accommodation. The median listing price for houses is $480,000 and this has changed 3.22% over the past year and changed 9.58% over 2 years.

The median rent in Newborough for houses is $405 per week and the median rental yield is 4.38%. Stock on the market for houses/townhouses has changed 53.16% compared to last year and the average time to sell a house/townhouse is 81 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Newborough is $250 per week, producing a rental yield of NA.

Supply & Demand in Newborough, Latrobe

0.47%

Current vacancy rate


17

Rental stock available


6,759

Population


22.61%

Rental population


0.99%

Current vacancy rate


367

Rental stock available


73,256

Population


22.34%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Newborough, Latrobe

  House Townhouses Units
Median listing price $480,000 NA NA
Median price change - last quarter -2.74% NA NA
Median price change - 1 year 3.22% NA NA
Median price change - 2 years 9.58% NA NA
  House Townhouses Units
Median weekly rent $405 NA $250
Median yield % 4.38% NA NA
Median rent change - 1 year 6.57% NA 11.11%
  House Units
Previous month sales 0 0
Stock on market previous month 121 1
Stock variance vs. last year 53.16% -50.00%
Average days on market 81 NA

Newborough investment property listings

Showing 5 of 75 investment properties found in Newborough on realestateinvestar.com.au

11 Colli Dr, Newborough

$495,000

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PERFECT FOR DOWNSIZERS, STARTERS AND INVESTORS

This property is a fantastic purchase for a young couple, downsizer or active investor. Neatly presented is this comfortable three bedroom home with large separate lounge room, user friendly kitchen and meals area, dual-access bathroom plus split system heating and cooling. Outside offers ...

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VIC 3825


13 Merton Ct, Newborough

$465,000

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Perfect family home in quiet court location.

Welcome to 13 Merton Court, Newborough! This spacious and well-maintained 4-bedroom, 2-bathroom house is the perfect family home. With a land area of 575 sqm, this property offers plenty of space both inside and out. Constructed in 1970, this Brick house has been lovingly cared for and boasts ...

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House

VIC 3825


29 Monash Rd, Newborough

$595,000

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Prime Development Opportunity!

You're here for the development opportunity: Approved Plans? Metres from town amenities? Here it is!....What an opportunity presented at 29 Monash Rd Newborough. Nestled on 1,213m2 approx. and with plans/permits approved and ready to go, the property provides opportunity for the right ...

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House

VIC 3825


12 Belbrook St, Newborough

$330,000

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Charming Family Home Awaits!

Step into the comfort of this well-appointed 3-bedroom, 1-bathroom family residence, boasting a generous 730m² allotment that promises ample space for both living and storage. With one garage, two carports, a lockup garden and utility sheds, you'll find no shortage of room undercover for up to ...

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House

VIC 3825


78-80 Shanahan Pde, Newborough

$589,000

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Grand Lifestyle-family home on Shanahan Parade! Call Jodie 0438

We are all looking for the perfect family home to raise our families. This home has everything you could want and more. Starting on a wide, spacious 1739 m2 block this home makes a statement before you even walk in the door. From the open entry way you have the lounge room, loads of big windows ...

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VIC 3825


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