OFF MARKET

39 Colony Club Drive
Newlands Arm VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1161m2
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Property Details for 39 Colony Club Dr, Newlands Arm

Building Type
Commercial
Land Size
1161m2
Local Government
East Gippsland
Lot/Plan
PC368063

Last Listing description (September 2016)

Situated on Colony Club Drive, this lovely 1161 sqm block in central Newlands Arm is only a short walk to the waterfront and waterfront walking track. Local boat ramp is close by and all services are available. District north facing views are available. This is a fantastic opportunity to build your dream home.

Property History for 39 Colony Club Dr, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$89,000
01 Jul 2016
  • 01 Jul 2016
    Sold for $89,000
  • 05 Jun 2015
    Listed for Sale $95,000
  • 19 Jun 2012
    Listed for Sale $99,500

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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 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.
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.