OFF MARKET

10 Lake Tide Avenue
Newlands Arm VIC 3875

Bedrooms: 4
Bathrooms: 2
Car spaces: 7
Floor area: 220m2
Land area: 121409m2
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Last updated 14 Oct 2024
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Property Details for 10 Lake Tide Ave, Newlands Arm

10 Lake Tide Ave, Newlands Arm is a 4 bedroom, 2 bathroom House with 7 parking spaces and was built in 1980. The property has a land size of 121409m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last sold in February 2004.

Building Type
House
Year Built
1980
Floor Size
220m2
Land Size
121409m2
Local Government
East Gippsland
Lot/Plan
2/PS505051

Last Listing description (April 2024)

Sit back and be sure to watch the attached video before escaping to your own slice of paradise on the banks of the beautiful Gippsland Lakes close to the boating capital in Victoria (Paynesville).

This stunning property offers an incredible opportunity to embrace privacy and tranquility on the shore of Lake Victoria. It features 12.14ha hectares (30 acres) lending itself to various pursuits including equestrian, hobby farming or those seeking to take advantage of the position here for future development into such endeavors as residential subdivision, caravan park, retirement village etc all subject to Council approvals, of course.

The substantial home, situated at the end of a winding track right down to the bank of the lake with stunning views across to popular boating and picnic spots in the distance, offers 4 bedrooms 2 bathrooms. The main bedroom with ensuite and walk in is situated at one end adjacent to the kitchen / living snug. The dining room and stunning formal lounge room separate the other 3 large bedrooms, main bathroom, laundry and separate powder room.

There is a double carport a substantial 5bay steel work shed with electricity and concrete floor, an old 4 bay hay/ storage shed, multiple paddocks with good fencing a large dam, cattle yards etc.

The property abuts the residential subdivision of popular Newlands Arm with two separate sealed road entrance points, one on Butlers Point Drive leading to the boat ramp and magnificent safe beach area a short walk from the property. Jetty berth comes with the property's sale.

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Property History for 10 Lake Tide Ave, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$850,000
24 Feb 2004
  • 29 Mar 2023
    Listed for Sale $2,800,000
  • 24 Feb 2004
    Sold for $850,000

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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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