OFF MARKET

8 Village Fair Drive
Newlands Arm VIC 3875

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 1161m2
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Last updated 14 Oct 2024
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Property Details for 8 Village Fair Dr, Newlands Arm

8 Village Fair Dr, Newlands Arm is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 1161m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
2018
Floor Size
116m2
Land Size
1161m2
Local Government
East Gippsland
Lot/Plan
PC376413

Last Listing description (October 2022)

Built in 2018 this beautiful home is located close to the Lake and features open plan living flowing out to the entertaining area. The modern kitchen features stainless steel appliances, gas cook top, electric oven, dishwasher and walk-in pantry. Heating and cooling are reverse cycle. The master suite includes walk-in robe and ensuite with large shower and the other two bedrooms each have built in robes and share the family bathroom. The outdoors features are decked and separate undercover verandah, nicely laid out gardens and studio, ideal as a workshop or retreat.

Property Code: 214

Property History for 8 Village Fair Dr, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$325,000
26 Nov 2019
  • 03 Oct 2022
    Listed for Sale $559,000
  • 10 Jun 2022
    Listed for Sale $550,000 - $600,000 'NEW PRICE'
  • 26 Nov 2019
    Sold for $325,000
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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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