OFF MARKET

7 Springwood Rise
Newlands Arm VIC 3875

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 121m2
Land area: 1161m2
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Property Details for 7 Springwood Rise, Newlands Arm

7 Springwood Rise, Newlands Arm is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1161m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Floor Size
121m2
Land Size
1161m2
Local Government
East Gippsland
Lot/Plan
PC352059

Last Listing description (August 2023)

For those seeking spacious living near the water, this large home on a generous block of 1,161sqm is the perfect fit. With its expansive layout and proximity to the waterfront, it offers the ideal retreat. Boasting 2 generous living rooms, 3 bedrooms, 2 bathrooms plus oversized garage with internal access & double shed at the rear. Ideally located is the north facing deck, perfect spot to relax or entertain. This property promises comfort & tranquility with the nearby lakes, walking track, rest & play area. Other features - Solid fuel heater, camera security system.

Property History for 7 Springwood Rise, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$532,000
24 Aug 2023
Listed for Rent
$330/w
28 May 2019
  • 24 Aug 2023
    Sold for $532,000
  • 29 May 2023
    Listed for Sale $529,000
  • 18 Apr 2019
    Listed for Rent $330 / week
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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.