8 Olearia Place, Newborough, VIC 3825 | Property Value & History | OnTheHouse
OFF MARKET

8 Olearia Place
Newborough VIC 3825

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 174m2
Land area: 835m2
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Last updated 16 Feb 2026
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Property Details for 8 Olearia Pl, Newborough

8 Olearia Pl, Newborough is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 835m2 and floor size of 174m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
House
Floor Size
174m2
Land Size
835m2
Local Government
Latrobe
Lot/Plan
26/PS726737

Last Listing description (July 2024)

This stunning 4 bedroom brick veneer home located in the Montane Estate is partially furnished with ample space for entertaining and great shed storage for all your toys.

Features include:

- 4 great sized bedrooms with Built in Robes to 3 rooms & Walk in robes to the main bedroom

- Full ensuite

- 2 generous sized living areas

- Open plan kitchen/dining & living

- Double car garage with internal access

Shed (9m x 11m) with Bathroom Side gate access (can drive a car/van/boat down the side)

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Property History for 8 Olearia Pl, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$165,000
15 Apr 2019
Listed for Rent
$580/w
22 Jun 2023
  • 14 Jun 2024
    Listed for Rent $550 / week
  • 19 May 2023
    Listed for Rent $580 / week
  • 15 Apr 2019
    Sold for $165,000
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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 4,129 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.
There are currently 41 properties listed for sale, and 3 properties listed for rent in Newborough on OnTheHouse. According to Cotality's data, 218 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.