19 Penrose PlaceNewlands Arm VIC 3875
Property Details for 19 Penrose Pl, Newlands Arm
19 Penrose Pl, Newlands Arm is a 4 bedroom, 2 bathroom House and was built in 2023. The property has a land size of 1010m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (October 2022)
With a huge 34m street frontage this 1,010sqm allotment within the new Penrose Place subdivision will suit people requiring easy access for shedding at the rear. Quiet location on a no-through road plus having easy access to the local boat ramp, swimming beach & waterfront walking track. Priced to please Lot 4 Penrose Place is for the value hunter. Anticipated title release October 2022.
Property History for 19 Penrose Pl, Newlands Arm, VIC 3875
- 30 Jun 2021Sold for $233,000
- 08 Jun 2021Listed for Sale $210,000
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0About 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 584 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.
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