Type:

House

Bedrooms:

3

Bathrooms:

2

Land (sqm):

643

Car/Garage:

1 (Carport)

Estimated weekly rent:

$445 - $460 per week

The median rent in Newborough for houses is $445 per week with a median rental yield of 4.77%, while other sources indicate $460 PW with an annual rental yield of 5.7%. Comparable 3-bedroom houses in the area range from $380 to $650 per week.

Rental vacancy rate:

0.52% (for Newborough)

Council rate:

Latrobe City Council rates are calculated based on the Capital Improved Value (CIV) of the property, multiplied by a 'rate in the dollar' (General rate: 0.00301496 for 2025/26). Additional charges like municipal charge and waste services charge also apply. Specific annual rates require a formal rate notice.

Water rate:

Specific water rates are not publicly available without a bill. Generally, they consist of a service charge and usage charges.

Strata fee:

N/A (This is a detached house, not a strata property)

Home and content insurance price:

N/A (Requires specific dwelling details and personal quote)

LGA:

Latrobe City Council

Zoning:

NRZ4 - Neighbourhood Residential Zone - Schedule 4 land use

Bushfire:

Unknown

Flood:

Unknown

Heritage:

Unknown

State Government:

Victorian government investment of $30 million in unlocking 1.8 million hectares of state forest to boost regional tourism in Gippsland and North East Victoria.

Co-ordinated investment in western Melbourne (not directly in Newborough, but indicative of broader state infrastructure focus) including $777 million for regional transport networks as part of a $23.8 billion infrastructure program.

Local Government:

Latrobe City Council Amendment C133latr for 5 Parer Avenue, Moe, proposing to rezone a portion of the site to Residential Growth Zone and allow for the construction of nine single-storey dwellings (not directly affecting 120 Southwell Avenue, but indicative of local development activity).