OFF MARKET

5 Simpsons Drive
Newlands Arm VIC 3875

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 4586m2
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Property Details for 5 Simpsons Dr, Newlands Arm

Building Type
Rural
Land Size
4586m2
Local Government
East Gippsland
Lot/Plan
8/PS309052

Last Listing description (December 2014)

DELIGHTFUL LIFESTYLE PROPERTY
This charming home set on just over an acre enjoys a north aspect, lake views and is situated close to the lake. Open plan living with modern new kitchen, stone bench tops, quality appliances including dishwasher and 900mm cook top, high ceilings, formal lounge room, three bedrooms, study, two bathrooms, two split systems, wood heater and double garage with auto door. The master bedroom with ensuite and BIR's is upstairs and opens onto a viewing deck. 7.5m x 9.5m American Barn shed, power grid, solar HWS, numerous fruit trees, vegetable garden and water tank. Option to purchase a jetty berth.

Property History for 5 Simpsons Dr, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$510,000
16 Dec 2014
  • 16 Dec 2014
    Sold for $510,000
  • 26 Nov 2014
    Listed for Sale PLEASE CALL
  • 05 Jan 2001
    Sold for $285,000
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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.