Thinking of selling your property in Newborough? Our appraisers are free to value your house, unit or land. We base our final market price on the properties location to shops, schools, transport and public amenities. We also factor in the recent sales history of real estate sold in Newborough. We maintain a list of potential buyers interested in all types of property in Newborough and the surrounding regions. Once the appraisal is complete we will demonstrate on have we arrived at our final valuation.
How Much is my Home Worth in Newborough?
The latest Demand to Supply Ratio data says that there are more buyers than sellers for houses. They rate houses in Newborough as above average and sellers are usually getting the prices they are asking for. The property capital growth should stay ahead of the national average. Over the past 12 months the capital growth has been 1.94% and the average annual capital growth is 3.54%. As of May 1, 2017 the median price for a house in Newborough was $225,000. Over the past year there has been 125 house sales. House prices in Newborough.
2 bedroom house $219,000
3 bedroom house $315,000
Lifestyle in Newborough
Newborough is located in the Latrobe Valley. It is approximately 140 kilometres east of Melbourne. Its main neighbour to the west is Moe. The population is around 7000. There is a small arts and crafts community. There is the local Australian Rules Football club and a soccer club. There are 2 primary and 2 secondary schools in Newborough. Schools In Newborough.