OFF MARKET

12A/12B Meridian Way
Newlands Arm VIC 3875

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Property Details for 12a/12b Meridian Way, Newlands Arm

Building Type
Land
Local Government
East Gippsland

Last Listing description (May 2019)

MERIDIAN WAY - YOUR WAY! 12A & 12B 580 sq.metres each
requiring Consolidation before building. Great Location, All services available, close to the water, Northerly Orientated.
DELIGHTFUL NEWLANDS ARM on the Beautiful Gippsland Lakes, just 20 mins to Bairnsdale City and 15 mins to pretty Paynesville.

TWO BLOCKS FOR THE PRICE OF ONE!
Contact Selling Agent AWRE - Ann Waller 0427411660

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Property History for 12a/12b Meridian Way, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
  • 22 Dec 2016
    Listed for Sale $90,000

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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 42.74% increase in median value. As at 31 October 2024:

  • The median value for Houses in Newlands Arm is $641,690 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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