OFF MARKET

7 Midway Avenue
Newlands Arm VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1162m2
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Property Details for 7 Midway Ave, Newlands Arm

Building Type
Land
Land Size
1162m2
Local Government
East Gippsland
Lot/Plan
CP157630

Last Listing description (July 2009)

ELEVATED BLOCK
SITUATED IN NEWLANDS ARM WE HAVE A 1161SQM BLOCK OF LAND THAT IS NICELY ELEVATED. DESIGN YOUR DREAM HOME TO CAPTURE THE WATER VIEWS OF NEWLANDS BACKWATER.
CLOSE TO BOAT RAMP, SKI AREA & BBQS.

YOU TOO CAN ENJOY THE LIFESTYLE THAT THIS AREA HAS TO OFFER.

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Property History for 7 Midway Ave, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$74,000
24 Jul 2009
  • 24 Jul 2009
    Sold for $74,000
  • 23 Oct 2008
    Listed for Sale $75,000

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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.

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