OFF MARKET

8 Lake Valley Way
Newlands Arm VIC 3875

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 1742m2
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Last updated 14 Oct 2024
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Property Details for 8 Lake Valley Way, Newlands Arm

8 Lake Valley Way, Newlands Arm is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1742m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Land Size
1742m2
Local Government
East Gippsland
Lot/Plan
PC351990

Last Listing description (December 2020)

You don't come across a property like this one very often. Situated on a large flat corner block (1738m2 approx.) just a stone's throw from the lake and waterfront walking track that leads around to Dawson's Cove swimming beach, playground and boat ramp.

The home itself features four bedrooms and two bathrooms - the master with WIR and ensuite, kitchen with walk-in pantry opening onto the dining area, and lounge complete with wood fire and split system A/C - perfect for all year round. Cosmetically, the home is a little dated but has great potential for a modern renovation.

Externally you will find a wrap around verandah, 10 rooftop solar panels, side carport and 6m x 9.8m shed, not to mention the big yard with plenty of extra room for the boat or caravan.

Ideally located in a quiet and peaceful village on the edge of the Gippsland Lakes just a short drive or boat ride to Paynesville shops, restaurants and markets, close proximity to the Bairnsdale Golf & Bowls Club, and just 15 minutes drive to Bairnsdale's major retailers, hospital and V/Line train station.

Contact Adam Bloem at Elders Real Estate to arrange your private inspection on 0400 803 653.

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Property History for 8 Lake Valley Way, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$399,000
16 Sep 2020
  • 16 Sep 2020
    Sold for $399,000
  • 04 Sep 2020
    Listed for Sale Contact Agent
  • 25 Sep 2015
    Transferred

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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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