7 Lake Fair RiseNewlands Arm VIC 3875
Property Details for 7 Lake Fair Rise, Newlands Arm
7 Lake Fair Rise, Newlands Arm is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 1186m2. While the property is not currently for sale or for rent, it was last sold in January 2009.
Last Listing description (June 2008)
VALUE ON NEWLANDS ARM
BUILT IN 2005 THIS LARGE HOME IS IDEAL FOR THE GROWING FAMILY OR PEOPLE WANTING THAT EXTRA SPACE. SET ON A LARGE BLOCK OF JUST OVER 1000SQM & OVERLOOKING RURAL FARMLAND.
FEATURES INCLUDE:
LOCATED CLOSE TO THE LOCAL BOAT RAMP & WATERFRONT WALKING TRACK ADDS TO THE CHARM OF THIS BEAUTIFUL HOME.
REALISTICALLY PRICED.
Property History for 7 Lake Fair Rise, Newlands Arm, VIC 3875
- 19 Jan 2009Sold for $271,800
- 22 Jun 2008Listed for Rent - Price not available
- 22 Feb 2008Listed for Sale $277,500
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0About 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.
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