OFF MARKET

11 Lake Fair Rise
Newlands Arm VIC 3875

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 171m2
Land area: 1220m2
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Last updated 14 Oct 2024
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Property Details for 11 Lake Fair Rise, Newlands Arm

11 Lake Fair Rise, Newlands Arm is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 1220m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
2005
Floor Size
171m2
Land Size
1220m2
Local Government
East Gippsland
Lot/Plan
PC352020

Last Listing description (April 2012)

QUALITY PROPERTY IN QUIET LOCATION
Situated in Newlands Arm this lovingly cared for home has all the benefits for people wanting that Gippsland Lakes lifestyle. Overlooking farm land to the rear & only a short walk to the waterfront you can just move in and enjoy your new home. The home boasts a large modern kitchen, separate lounge, 2 bathrooms & internal access to the house from the 50sqm double garage. Plenty of room for boats & caravans & the established gardens are easy to maintain. Inspection is sure to please.

Property History for 11 Lake Fair Rise, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$363,000
10 Sep 2020
  • 10 Sep 2020
    Sold for $363,000
  • 22 Mar 2012
    Listed for Sale $349,000
  • 22 Mar 2004
    Sold for $77,250
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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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