SOLD
Sold on 05 May 2024 for $529,000

1 Crown Ridge Avenue
Newlands Arm VIC 3875

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1157m2
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Property Details for 1 Crown Ridge Ave, Newlands Arm

1 Crown Ridge Ave, Newlands Arm is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1157m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Newlands Arm in the last 12 months.

Building Type
House
Land Size
1157m2
Local Government
East Gippsland
Lot/Plan
CP163123

Last Listing description (June 2024)

Here is an opportunity to purchase a quality built and well-maintained home for investment, or for your own permanent occupancy as it represents an ideal residence for a young couple, a small family, or anyone considering a retirement, and particularly for anyone that likes a bit of useable land around the outside of the home with multiple access points from the curb.
Built in 2002 and set on *1157 sqm of land this three-bedroom, two-bathroom home has a sunny side ambience in the kitchen dining, living area and boasts a large formal loungeroom of a very generous size. Heating and cooling are taken care of with a split system.
The kitchen boasts an electric cooktop and rangehood and a separate electric oven with microwave cavity above, double sink, dishwasher, a breakfast bar, and plenty of cupboard space. From the open living area is a door out to the north side of the home that provides access under the veranda to an undercover deck.

The master bedroom is well equipped with an ensuite, and full-length built-in robe, ceiling fan, carpet, and curtains. The other two bedroom are both generous in size and both have built in robes, ceiling fans, one with carpet the other with vinyl plank floor covering. The main bathroom has a shower as well a bath, and the toilet is separate. The laundry is very functional with storage.
Outside the home is a very impressive back yard towards the north, fully fenced and great for pets or kids to have plenty of room to play. There is also ample room to build auxiliary shedding STCA. Sewer, water, telephone, and power are connected to the property, and on the roof of the home there is a *1.5KW solar system feeding power back into the grid, and solar hot water aiding with the outgoings.
The home boasts a double garage that provides dry access directly into the home conveniently into the kitchen and has screen doors attached. There is a small garden shed and enough room at the side of the home to store a caravan or boat.
Inspections are strictly for qualified buyers only.
All enquiry, call Michael Enever on 0458272797.
*Approximately

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Property History for 1 Crown Ridge Ave, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$529,000
05 May 2024
  • 05 May 2024
    Sold for $529,000
  • 23 Feb 2024
    Listed for Sale $529,000
  • 05 Oct 1994
    Sold for $12,500

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About Newlands Arm 3875

The size of Newlands Arm is approximately 4.2 square kilometres. The population of Newlands Arm in 2011 was 502 people. By 2016 the population was 729 showing a population growth of 45.2% in the area during that time. The predominant age group in Newlands Arm is 60-69 years. Households in Newlands Arm are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newlands Arm work in a trades occupation. In 2011, 89.7% of the homes in Newlands Arm were owner-occupied compared with 90.2% in 2016.

Newlands Arm has 585 properties. Over the last 5 years, Houses in Newlands Arm have seen a 45.37% increase in median value. As at 30 September 2024:

  • The median value for Houses in Newlands Arm is $632,208 while the median value for Units is $456,690.
  • Houses have a median rent of $480.
There are currently 17 properties listed for sale, and no properties listed for rent in Newlands arm on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Newlands arm.

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