50 Hayes Road, Newborough VIC 3825

50 Hayes Road, Newborough VIC 3825
50 Hayes Rd, Newborough VIC 3825 is a newly built 6-bedroom, 2-bathroom contemporary house with a double garage and two living areas, sold in May 2024 for $6,000,000. It is situated within the Narracan Lakes development. This property holds a rare competitive position in Newborough, being a brand-new, six-bedroom house in a lakeside development that is unmatched by typical suburban stock. Its configuration, with two living areas and modern finishes, serves large families or high-net-worth buyers seeking a contemporary lifestyle property. The location within Narracan Lakes, with improved road access and proximity to the golf club, strengthens its appeal as a premium offering. This house is positioned at the very top end of the local market, making it a standout for those seeking space and newness over established character. Several factors may materially affect the value of this property. Its $6,000,000 price point is an extreme outlier for Newborough, which could limit the pool of potential buyers and impact liquidity when reselling. The ongoing development works, including road widening and rock beaching, might introduce construction activity that could affect immediate enjoyment. As a new build in a developing estate, the neighbourhood character is not yet mature, which may be a consideration for buyers weighing long-term value against immediate surroundings.
Detailed Independent Property Report prepared  by PropCred Analyst team for 50 Hayes Road, Newborough VIC 3825
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Newborough leverages its proximity to expanding regional agriculture and energy sectors, offering residents a highly targeted lifestyle and infrastructure advantage. Local workers tied to regional industries are aggressively driving the housing demand here to secure a foothold in this specific postcode. Investors benefit from tight vacancy rates, providing strong landlord pricing power and reliable yields.
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PropCred Estimated Value

Bedrooms

6

Bathroom

2

Parking

2

Land

1.27 ha

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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