Property Details for 1 Joy St, Newborough
1 Joy St, Newborough is a 3 bedroom, 2 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in November 1987.
Last Listing description (April 2023)
Investment Opportunity!
Looking for an investment property or the opportunity to subdivide STCA? This property features:
- A large 980m2 block.
- This property needs loads of TLC, great location, excellent potential.
- Anticipated return of $18,200 pa.
- Unit 1 includes two bedrooms, the master with a BIR, and a spacious living area.
- Unit 2 features one bedroom with two BIRs, a kitchen with plenty of storage and an adjoined bathroom and laundry.
- Conveniently located a short drive from the highway, perfect for an efficient commute to work in the morning!
Unit 1 currently in a fixed term lease until October 2022 with the tenant happy to continue their lease.
Secure your investment and make improvements later! Call Strzelecki Realty today on 03 5127 1333 to avoid missing out.
Property Code: 1384
Property History for 1 Joy St, Newborough, VIC 3825
- 17 Apr 2023Sold - Price Undisclosed
- 02 Feb 2023Listed for Sale $299,000
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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 4,130 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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