20 Balfour StreetNewborough VIC 3825
Property Details for 20 Balfour St, Newborough
Last Listing description (February 2025)
Now, For Something Completely Different!
Former Ukrainian Hall in the heart of Newborough's residential precinct. Approximately 964sqm of Residential 1 Zoned Land with greenbelt surrounds and ideally located to access the Newborough Village shopping and service precinct.
Colorbond clad building of approximately 200sqm that includes bathroom and kitchen facilities.
Perfect multi site re-development opportunity (STCA) or option to utilise existing structures in a different format (STCA).
Newborough's residential popularity combined with educational, recreational and medical facilities offers a number of viable possibilities to the buyer ready to get stuck in!
Property History for 20 Balfour St, Newborough, VIC 3825
- 27 Feb 2025Sold for $210,000
- 15 Nov 2024Listed for Sale UNDER CONTRACT
- 19 Jun 2023Listed for Sale $259,000
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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 4,129 properties. Over the last 5 years, Houses in Newborough have seen a 70.47% increase in median value, while Units have seen a 76.72% increase. As at 31 January 2026:
- The median value for Houses in Newborough is $471,118 while the median value for Units is $314,656.
- Houses have a median rent of $460 while Units have a median rent of $300.
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