OFF MARKET

7 Lake Inlet Avenue
Newlands Arm VIC 3875

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 235m2
Land area: 1380m2
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Property Details for 7 Lake Inlet Ave, Newlands Arm

Building Type
Land
Year Built
2009
Floor Size
235m2
Land Size
1380m2
Local Government
East Gippsland
Lot/Plan
CP159831

Last Listing description (November 2017)

Delightful large brick home in Newlands Arm on a 1380m2 block approx. This home has some special features include timber flooring, 4 large bedrooms 2 with WIR and 2 with BIR, a theatre room, a 2nd living area, an open study with fixed shelving, open plan kitchen/dining/living with butlers pantry that has all the space you need to store everything, as well as a great well equipped kitchen, stone bench tops, a centre island and ample drawers and cupboards, dishwasher, 5 burner gas hob and extra large wall oven. A fixed TV cabinet in the lounge, a fixed study nook. This open plan area flows out to an undercover entertaining area that is paved and sits behind the double garage. The garden has plenty of space for the kids, a cubby house, sand pit, chook run, water tank 14,000 litres approx. that feeds the house as needed, town water is also connected, veggie garden beds behind a screen with another water tank 5000 litres approx., in the back corner is a large shed plus workshop with a carport at the front. Double gates allow access into the back yard to park your boat or caravan. Call Karan on 0447 319 9274 for further information at East Gippsland & Lakes Real Estate.
Property Code: 456

Property History for 7 Lake Inlet Ave, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$355,000
16 Mar 2011
  • 03 Aug 2017
    Listed for Sale $420,000
  • 16 Mar 2011
    Sold for $355,000
  • 23 Oct 2010
    Listed for Sale $360,000
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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.