1/51 Monash RoadNewborough VIC 3825
Property Details for 1/51 Monash Rd, Newborough
1/51 Monash Rd, Newborough is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 174m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (September 2021)
With the Newborough township at your doorstep, this charming brick veneer unit is perfectly located and surrounded by great amenities. This fantastic downsize or investment opportunity has been freshly painted throughout and offers you:
* Spacious lounge, climate controlled with a split system and gas heating
* Two good sized bedrooms with built in robes
* Full bathroom and a separate toilet
* Private, low maintenance back yard with access to a double garage
This unit is conveniently located within walking distance to the Newborough Village, service station, schools and recreation facilities. Opportunities to purchase units in this sought-after location are rare and this one has the potential to offer you a gross return of approximately 5% pa, so be quick to book your inspection.
Property History for 1/51 Monash Rd, Newborough, VIC 3825
- 02 Aug 2021Sold for $285,000
- 09 Jul 2021Listed for Sale UNDER CONTRACT
- 25 Feb 2021Listed for Sale UNDER CONTRACT
Recent sales nearby
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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 2016 was 6763 people. By 2021 the population was 6886 showing a population growth of 1.8% in the area during that time. The predominant age group in Newborough is 20-29 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 2021, 70.90% of the homes in Newborough were owner-occupied compared with 69.60% in 2016.
Newborough has 4,126 properties. Over the last 5 years, Houses in Newborough have seen a 72.01% increase in median value, while Units have seen a 69.99% increase. As at 31 December 2025:
- The median value for Houses in Newborough is $464,058 while the median value for Units is $298,694.
- Houses have a median rent of $460 while Units have a median rent of $295.
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