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VIC › Newborough › Road A

Lot 425 Road A, Newborough VIC 3825

For saleHouse

$592,500

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

558 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $592,500 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $592,500(Listing record · 26 Aug 2026)
  • CalculationRecorded House sales in Newborough (last 5 years) with land size: median $614/m² of land (n=64). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 21% above the Newborough median recorded sale ($489,000, n=65, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Newborough's advertised median rent ($370/wk), implied gross yield would be 3.25% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$592,500

Asking · $1,062/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Newborough (last 5 years) with land size have a median of $614/m² of land (n=64). Districts calculation from recorded sales — not a valuation.

Newborough at a glance

7,121

People

$489,000

Median sale

$370/wk

Median rent

3.93%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Newborough report →

Vs Newborough

+21.2%

Median sale

Suburb $489,000

-0.68 pp

Gross yield

Suburb 3.93%

Suburb median $489,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$592,500
Stamp Duty (Victoria)
$30,620
Transfer/Registration Fee
$1,490
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$628,310

$35,810 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Newborough's advertised median rent — not a rent for this listing.

Net yield
1.75%
Annual cashflow (pre-tax)
$-20,457
Interest cover (DSCR)
0.34
Annual rent
$19,240
Operating expenses
$8,888
Loan amount
$474,000
Annual interest
$30,810
Gross yield
3.25%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$592,500available26 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $370/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Newborough in one glance

Newborough at a glance

7,121

People

$489,000

Median sale

$370/wk

Median rent

3.93%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Newborough report →

Keep researching

  • Why Newborough? Read the area thesis →
  • What else is on the market in Newborough →
  • Other records on Road A →

Listing material

Listed by Turnkey Real Estate Group

4 Bedroom Single Storey Home in Newborough - Fixed Price $592,440 - 558m2 Block

LOT 425, ROAD A, NEWBOROUGH 3825 - NARRACAN LAKES

$592,440 | 4 Bedrooms | 2 Bathrooms | 2 Car Garage | 558m2 Block

THE PROPERTY

Read the full description

An 18.5 square single-storey home on a generous 558m2 block in Narracan Lakes, Newborough. The master bedroom sits at the front of the home with a walk-in robe and ensuite, well separated from the three secondary bedrooms zoned together at the rear. Between them, an open family and meals area of 5.53 x 3.48 runs off a central kitchen with island bench and walk-in pantry, opening to the rear yard. The main bathroom has a separate WC, and the laundry sits at the back with external access. A double garage of 5.5 x 6.0 connects through to the entry.

FOR OWNER-OCCUPIERS

The master at the front and the kids at the back is the layout most families ask for and rarely get on one level. You get real distance between the main bedroom and the rest of the home without stairs to manage. The kitchen island looks straight down the family and meals area, so whoever is cooking stays in the conversation. A walk-in pantry keeps the benches clear, the walk-in linen handles the overflow most homes have nowhere to put, and the separate WC means the bathroom is not blocked when someone is in the shower.

FOR FIRST HOME BUYERS

This is a fixed-price entry into a brand-new four-bedroom home under $600,000. Stamp duty is calculated on the land value rather than the finished home, which is a meaningful saving against buying established - and first home buyer concessions and grants may apply, worth confirming with your broker.

Because the land titles in Q3 2027, you lock today’s price now and have time to keep saving before construction starts and repayments begin. Nothing is second-hand: new appliances, new roof, new everything, with builder warranty behind it.

FOR INVESTORS

Newborough sits in the Latrobe Valley, where entry prices are a fraction of Melbourne’s growth corridors and rental yields have historically been stronger as a result. A four-bedroom on 558m2 appeals to families rather than short-stay tenants, which tends to mean longer leases.

The regional employment base - health, education, agriculture and energy - underpins tenant demand, and Moe’s train station puts Melbourne within reach on the Gippsland line. A new build also carries full depreciation benefits on both the building and the fixtures, worth discussing with your accountant.

KEY FEATURES

Layout & Design

• Single storey, 18.5 squares of living

• Master bedroom 3110 x 4550 at the front with walk-in robe and ensuite

• Three secondary bedrooms zoned together at the rear, all with robes

• Bedroom 4 at 3130 x 3000, bedrooms 2 and 3 at 3000 x 3000

• Open family and meals area 5530 x 3480

• Central kitchen with island bench and walk-in pantry

• Main bathroom with bath, plus separate WC

• Walk-in linen cupboard

• Laundry with external access

• Double garage 5500 x 6000 with internal entry

• Covered porch to front entry

Package Details

• 558m2 block in Narracan Lakes, Newborough

• Land price $208,000, build price $384,440

• Fixed total price $592,440

• Land titling expected Q3 2027

• Builders choice facade

• Meets council and developer requirements

THE ESTATE - NARRACAN LAKES, NEWBOROUGH

Narracan Lakes is a master-planned community in Newborough, on the western edge of the Latrobe Valley and adjoining Moe. The estate takes its name from nearby Lake Narracan, with Blue Rock Lake a short drive north for boating and fishing.

Newborough and Moe together offer primary and secondary schooling, medical services, supermarkets and sporting facilities, with Moe station on the Gippsland line for services into Melbourne. Latrobe Regional Hospital and the larger retail centres at Traralgon are within a comfortable drive, and the Baw Baw ranges and Walhalla sit on the doorstep for weekends.

Latrobe Valley land remains some of the most affordable in the state within reach of Melbourne, and 558m2 buys a genuine backyard rather than a courtyard.

What Sets This One Apart

Four bedrooms, a double garage and a proper yard on a single level, at a fixed $592,440. Blocks of this size at this price point have largely disappeared from Melbourne’s growth corridors, and the extended title timeline gives buyers a long runway to prepare while the price stays locked.

Listing description written by Lachy Foster, Turnkey Real Estate Group — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Pay TV
  • Remote Garage
  • Secure Parking
  • Solar Panels
  • Study

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.