OFF MARKET

3 Driftwood Court
Newlands Arm VIC 3875

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 1293m2
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Property Details for 3 Driftwood Ct, Newlands Arm

3 Driftwood Ct, Newlands Arm is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1293m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Land Size
1293m2
Local Government
East Gippsland
Lot/Plan
CP150174

Last Listing description (March 2019)

Quietly tucked away at the end of Driftwood Court, this charming little cottage on a generous allotment of 1,293sqm (approx.) offers an affordable entry point into Newlands Arm for those looking to enjoy the relaxed lakeside lifestyle. A wide country style verandah at the front offers character and practicality, leading in to an open plan living/dining area adjoining the neat kitchen. Comprising main bedroom with built-in robes, study/small 2nd bedroom, central bathroom with separate toilet, laundry and a little sleep-out bungalow out the back. With 18 solar panels on the roof, energy efficient heat pump (hot water system) and plenty of room for a veggie patch, fruit trees and some chooks, low-cost living is certainly attainable. Further features include gas heater, air-conditioning, double garage with remote doors and concrete driveway. Just moments to the edge of the Gippsland Lakes including the sheltered Dawsons Cove boat ramp. Fishing, kayaking, boating and the waterfront walking trails are all on your doorstep and Bairnsdale's major retailers, hospital and V/Line train station are approximately 15 minutes' drive away. Contact Adam Bloem at Elders Real Estate Bairnsdale on 0400 803 653 to arrange your inspection today.

Property History for 3 Driftwood Ct, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$238,000
26 Feb 2019
  • 26 Feb 2019
    Sold for $238,000
  • 05 Feb 2019
    Listed for Sale UNDER OFFER
  • 29 Oct 2002
    Sold for $22,000
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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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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.