42 Eastern Avenue, Newborough, VIC 3825 | Property Value & History | OnTheHouse
OFF MARKET

42 Eastern Avenue
Newborough VIC 3825

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 797m2
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Property Details for 42 Eastern Ave, Newborough

42 Eastern Ave, Newborough is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 797m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1950
Floor Size
82m2
Land Size
797m2
Local Government
Latrobe
Lot/Plan
22/LP55763

Last Listing description (October 2024)

This charming 2-bedroom home has been beautifully updated to accommodate any buyer looking for a modern alternative in the Newborough area. Situated across from some lovely parklands, the front garden has been well maintained and an incredible front hedge will give you added privacy to this already lovely property.
Stepping through the front door of the main residence, you will find the spacious main living area with a split system, as well as the updated kitchen and dining space. Through the living area you will find the bathroom and laundry area and the two bedrooms, with both having BIR's.
Through the back door you will find the veranda, and a beautiful garden running around the fence line. There is also a storage option at the rear of the bungalow for your gardening equipment.

The bungalow itself has brand new flooring, with features including a spacious living area, great size bedroom, neat kitchen area, dining space and a lovely bathroom. All of this could be the perfect second living option for anyone who is looking to accommodate family or friends. Alternatively, it could be utilised as your brand-new home office, or your dream rumpus, social space or even an income producing option.

Property History for 42 Eastern Ave, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$380,000
30 Nov 2021
Listed for Rent
$370/w
19 Aug 2024
  • 01 Aug 2024
    Listed for Rent $370 / week
  • 08 Jan 2024
    Listed for Sale $390,000-$429,000
  • 01 Feb 2023
    Listed for Rent $370 / week
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About 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 4,127 properties. Over the last 5 years, Houses in Newborough have seen a 65.05% increase in median value, while Units have seen a 75.66% increase. As at 30 November 2025:

  • The median value for Houses in Newborough is $444,131 while the median value for Units is $292,523.
  • Houses have a median rent of $460 while Units have a median rent of $295.
There are currently 33 properties listed for sale, and 6 properties listed for rent in Newborough on OnTheHouse. According to Cotality's data, 214 properties were sold in the past 12 months in Newborough.

Suburb Insights for Newborough 3825

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.