91 Colony Club DriveNewlands Arm VIC 3875
Property Details for 91 Colony Club Dr, Newlands Arm
Last Listing description (August 2024)
Located in Newlands Arm we have a rare find. This beautifully elevated parcel of land has a magnificent northerly outlook across Newlands Backwater to Paynesville & Raymond Island. Massive 2,428sqm of land allows the biggest of homes with loads of space for shedding plus storing of the boat & caravan. There is a possibility of owning you own jetty berth located just across the reserve from your back doorstep. All services area available excluding natural gas.
Property History for 91 Colony Club Dr, Newlands Arm, VIC 3875
- 29 Apr 2024Listed for Sale $774,000
- 12 Jul 2022Listed for Sale $774,000
- 25 Sep 2012Sold for $430,000
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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 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.
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