OFF MARKET

83 Meridian Way
Newlands Arm VIC 3875

Bedrooms: -
Bathrooms: 2
Car spaces: 4
Land area: 5661m2
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Property Details for 83 Meridian Way, Newlands Arm

Building Type
Land
Year Built
2015
Land Size
5661m2
Local Government
East Gippsland
Lot/Plan
28/PS309052

Last Listing description (April 2013)

SUPERB BLOCK-REDUCED FOR A QUICK SALE
MAKE AN OFFER - Vendors keen to sell and invite offers on this magnificent north facing 5,896m2 allotment. Gently sloping with lake views, town water and sealed road frontage.

Property History for 83 Meridian Way, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$180,000
01 May 2013
  • 01 May 2013
    Sold for $180,000
  • 22 May 2009
    Listed for Sale $199,000
  • 22 Oct 2001
    Sold for $38,000
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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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