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Lot 42 - Co-Living North Quarter - Newborough
Newborough, Latrobe Valley, VIC, 3825$ 708,320
Overview
Property ID: LA-10945
- House and Land
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 206
Details
Updated on Feb 15, 2025 at 01:00 pm
Property Type: | House and Land |
---|---|
Price: | $ 708,320 |
Land Price: | $ 255,000 |
Build Price: | $ 453,320 |
Gross Per Week: | $ 1,090 |
Gross Per Annum: | $ 36,400 |
Gross Yield: | 8.00% |
Capital Growth 12 Months: | 1.04% |
Capital Growth 10 Year Annualised: | 6.91% |
Vacancy Rate: | 0.54% |
Property Size: | 206 m2 |
Land Area: | 603 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | Registered |
Property ID: | 10945 |
SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Newborough is a town in the Latrobe Valley in Victoria, Australia which shares a border to its west, mostly along the Narracan Creek, with the town of Moe.
NEWBOROUGH ranks 143rd in VIC when it comes to estimated capital gains experienced by property investors over the past three years. The suburb's capital gain of 20.78% for the past year is higher than average compared to its 71.78% growth within a five-year period.
If you're thinking about buying an investment property in Newborough, consider that rental yields for houses are currently 4.53% with an average median rent of $350 weekly. Houses have seen 2.63% growth in the past quarter, and 21.88% growth in the past 12 months.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.