SOLD
Sold on 01 Feb 2024 for $620,000

10 Lake Valley Way
Newlands Arm VIC 3875

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 1157m2
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Property Details for 10 Lake Valley Way, Newlands Arm

10 Lake Valley Way, Newlands Arm is a 4 bedroom, 2 bathroom House with 3 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 February 2024. There are other 4 bedroom House sold in Newlands Arm in the last 12 months.

Building Type
House
Land Size
1157m2
Local Government
East Gippsland
Lot/Plan
CP159549

Last Listing description (July 2024)

Discover the epitome of modern living in this recently renovated home mere minutes from the Gippsland Lakes. Revel in the expansive open living area, graced with new quality vinyl plank flooring, a wood heater, and a split system, making it an entertainer's paradise. Delight in lake vistas from the newly constructed front deck or seamlessly entertain in the covered outdoor area connected to the open-plan living space through new sliding doors. The kitchen boasts new appliances, a walk-in pantry, and generous bench space, complemented by cafe windows facilitating easy entertaining. With three bedrooms, including a master suite with a walk-in robe and ensuite, along with a family bathroom and a spacious laundry, this home seamlessly blends comfort and convenience. The freshly painted interior and a single garage enhance the appeal, while a 9m x 9m colorbond shed adds versatility to the property, all situated on a substantial 1157m2 allotment with a desirable northern aspect.

Property History for 10 Lake Valley Way, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$620,000
01 Feb 2024
Listed for Rent
$310/w
03 Sep 2014
  • 01 Feb 2024
    Sold for $620,000
  • 19 Nov 2021
    Sold for $630,000
  • 12 Nov 2021
    Listed for Sale $599,000
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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.

Suburb Insights for Newlands Arm 3875

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Contact agent
Lorraine Edlington
Show contact details
LJ Hooker Paynesville
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.