OFF MARKET

7 Outlook Avenue
Newlands Arm VIC 3875

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
Land area: 1161m2
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Property Details for 7 Outlook Ave, Newlands Arm

7 Outlook Ave, Newlands Arm is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 1161m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1985
Floor Size
140m2
Land Size
1161m2
Local Government
East Gippsland
Lot/Plan
CP163718

Last Listing description (October 2021)

Ideally located in picturesque Newlands Arm, a short stroll to scenic walking tracks and just minutes from Dawson Cove boat ramp, 7 Outlook Avenue suits homebuyers looking to enjoy the relaxed lakeside lifestyle, or investors with great tenants already in place.

Situated on just over a quarter acre of land, this well appointed home has been modernised over the years and features an open plan kitchen with plenty of bench and storage space, as well as an adjoining dining area and lounge room. The home is kept warm over these cooler months with wood heating.

Four good sized bedrooms - the master with an ensuite, walk-in robe and an adjoining parents retreat/second lounge room. The remaining three bedrooms have built-in robes and are complemented by the family bathroom.

Outside, there is plenty of room for outdoor entertaining in the alfresco area, and for the car enthusiast or home handyman, a great sized shed to fit out to your heart's content.

This home is currently leased on a month to month basis at $300 per week.

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

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

A timeline of how this property has performed in the market
Last Sold
$445,000
29 Jul 2021
Listed for Rent
$350/w
21 Jan 2019
  • 29 Jul 2021
    Sold for $445,000
  • 06 Jul 2021
    Listed for Sale $430,000
  • 21 Jan 2019
    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 585 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.