OFF MARKET

1 Meridian Way
Newlands Arm VIC 3875

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Land area: 11400m2
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Last updated 14 Oct 2024
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Property Details for 1 Meridian Way, Newlands Arm

1 Meridian Way, Newlands Arm is a 3 bedroom, 3 bathroom House. The property has a land size of 11400m2. While the property is not currently for sale or for rent, it was last sold in September 2005.

Building Type
House
Land Size
11400m2
Local Government
East Gippsland
Lot/Plan
2/PS527895

Last Listing description (June 2024)

Nestled within the sprawling expanse of 1.14 hectares and lovingly curated gardens, this property offers an unrivalled opportunity to immerse yourself in the tranquil lifestyle of the Gippsland Lakes waterways with fishing and boating just minutes from your doorstep.

As you wind down the tree-lined driveway, the custom-built home greets you with subtle elegance and remarkable features. Inside, discover three bedrooms located on the eastern side, including a spacious main bedroom with an ensuite and walk-in robe. The main living area boasts panoramic views of the meticulously landscaped gardens and the spacious tiled open-plan living area, seamlessly connected to the kitchen adorned with high-quality SMEG appliances, a walk-in pantry, and stone benchtops.

Experience year-round comfort with the premium Daikin heating and cooling system as well as double glazed windows, ensuring a cozy ambiance throughout the home. Step outside to the inviting undercover alfresco area, where you can relax and soak in the serene atmosphere, overlooking the lush garden oasis complete with a tranquil fernery and integrated water system.

Embrace sustainable living with the addition of tank water for the gardens and the extensive solar system, featuring 60 solar panels engineered to significantly reduce utility costs and environmental impact. The property's allure extends to the exceptional shedding, including a remarkable 10 x 18-metre shed boasting myriad possibilities. The first section, fully insulated and furnished with its own private bathroom, offers versatility, while the back section provides an ideal space for a large workshop or additional storage.

Discover the perfect blend of luxury living and practicality in this remarkable property. Don't miss the chance to make it yours!

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

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Property History for 1 Meridian Way, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$135,000
26 Sep 2005
  • 19 Jun 2024
    Listed for Sale $1,275,000
  • 05 Mar 2024
    Listed for Sale Not Disclosed
  • 22 Mar 2022
    Listed for Sale $1,275,000
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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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