OFF MARKET

5 Village Fair Drive
Newlands Arm VIC 3875

Bedrooms: 5
Bathrooms: 3
Car spaces: 9
Land area: 2226m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 5 Village Fair Dr, Newlands Arm

5 Village Fair Dr, Newlands Arm is a 5 bedroom, 3 bathroom House with 9 parking spaces. The property has a land size of 2226m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Land Size
2226m2
Local Government
East Gippsland
Lot/Plan
PC352016

Last Listing description (March 2021)

This double brick residence located on a generous 2,226sqm allotment (approx.) has been fully renovated from the ground up and is ideally located just a short stroll away from the Newlands Arm Backwater.

The expansive home is perfectly suited to large families, with five bedrooms, three bathrooms and three separate living zones, with the added potential of dual occupancy for those requiring separate living arrangements.

The main open plan living zone offers a dining area, light-filled lounge and a contemporary kitchen boasting a massive Caesarstone benchtop accommodating breakfast bar seating for up to five people, a 900mm Westinghouse oven/stove top, Miele dishwasher and an abundance of storage.

The master bedroom features a walk-in robe and ensuite, with all remaining bedrooms fitted with built-in robes, whilst the home is kept comfortable through all seasons with split system heating/cooling units and ceiling fans throughout the home.

The large timber deck accessed through sliding doors off the central living area is ideal for outdoor entertaining and overlooks the sprawling rear yard securely surrounded by Colorbond fencing.

The outstanding shedding (6m x 12m shed with 2.9m high clearance remote doors; 7m x 9m shed with concrete floor and power, plus a double and single garage attached to the home both with remote doors) provides accommodation for up to nine vehicles, more than enough room to store the tools and toys and space to tinker.

Complete with concrete driveway and paths and low maintenance gardens, there's nothing to do except move in and enjoy the quiet Newlands Arm lifestyle just moments from the Gippsland Lakes, Dawsons Cove boat ramp and a short drive to Bairnsdale Golf & Bowls Club, Paynesville shops and eateries and Bairnsdale's major retailers, hospital and V/Line train station.

Property History for 5 Village Fair Dr, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$632,500
15 Jan 2021
  • 15 Jan 2021
    Sold for $632,500
  • 16 Sep 2020
    Listed for Sale $639,000
  • 13 Aug 2012
    Sold for $312,000
Sign in to see more transactions

Commute Calculator

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

Market Insights
Newlands Arm Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newlands Arm Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.