5 Redgum Court, Newlands Arm, VIC 3875 | Property Value & History | OnTheHouse
OFF MARKET

5 Redgum Court
Newlands Arm VIC 3875

Bedrooms: 3
Bathrooms: 2
Car spaces: 7
Land area: 6275m2
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Property Details for 5 Redgum Ct, Newlands Arm

Building Type
Rural
Land Size
6275m2
Local Government
East Gippsland
Lot/Plan
35/PS309053

Last Listing description (October 2023)

Sitting on 6280m2 allotment and nestled amidst parklike gardens this stunning property offers the ultimate lifestyle. The warm and welcoming home provides open plan family/dining that opens to a north facing deck. Striking kitchen with granite counter tops, updated appliances including 5 burner gas top and plenty of storage. The lounge room provides an additional space to relax in and multipurpose room which would be perfect for a home office as it has separate entry. Three generous sized bedrooms and two stylish updated bathrooms. Entertaining is a breeze with the expansive covered outdoor enclosure with solar heated salt pool, pizza oven and built in BBQ. There is no shortage of car accommodation which includes 10.5m x 8m triple garage with mezzanine, 9m x 6.1m colorbond shed and attached double carport. There are five water tanks, each with pumps, 17 solar panels, garden watering system, fully enclosed vegetable garden, chook house and dog run. The home enjoys a northern orientation and is situated just an easy stroll from the Gippsland Lakes.

Property History for 5 Redgum Ct, Newlands Arm, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$1,045,000
15 Mar 2023
  • 15 Mar 2023
    Sold for $1,045,000
  • 25 Feb 2023
    Listed for Sale $1,099,000
  • 12 Nov 2011
    Sold for $642,000
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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 2016 was 728 people. By 2021 the population was 866 showing a population growth of 19.0% 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 professional occupation.In 2021, 90.20% of the homes in Newlands Arm were owner-occupied compared with 90.20% in 2016.

Newlands Arm has 592 properties. Over the last 5 years, Houses in Newlands Arm have seen a 27.02% increase in median value. As at 30 June 2026:

  • The median value for Houses in Newlands Arm is $710,976 while the median value for Units is $474,916.
  • Houses have a median rent of $340.
There are currently 11 properties listed for sale, and 1 property listed for rent in Newlands arm on OnTheHouse. According to Cotality's data, 21 properties were sold in the past 12 months in Newlands arm.

Suburb Insights for Newlands Arm 3875

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.