OFF MARKET

5 Springwood Rise
Newlands Arm VIC 3875

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 109m2
Land area: 1161m2
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Property Details for 5 Springwood Rise, Newlands Arm

5 Springwood Rise, Newlands Arm is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1161m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
House
Year Built
1980
Floor Size
109m2
Land Size
1161m2
Local Government
East Gippsland
Lot/Plan
CP159955

Last Listing description (November 2022)

Beautiful 3 bedroom home located in Newlands Arm, only a short walk away from the water.

Spacious open plan kitchen and living area with separate dining area, floorboards throughout, split system & wood fire heating. Kitchen features ample bench and storage space, electric cooking and dishwasher. All 3 bedrooms have ceiling fans, built in robes and serviced by a central family bathroom with a shower/bath combo.

Large spacious backyard offers plenty of room for activities, undercover patio and good shedding. Apply online today! Our agency requires a completed application prior to arranging an inspection.

Property History for 5 Springwood Rise, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$225,000
22 Sep 2017
Listed for Rent
$380/w
02 Nov 2022
  • 12 Oct 2022
    Listed for Rent $380 / week
  • 08 Oct 2018
    Listed for Rent - Price not available
  • 05 Oct 2017
    Listed for Rent - Price not available
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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.