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18 Penrose Place

Newlands Arm, VIC 3875, Australia
$499,000
38751277m²

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Area Price Guide
$469,060$528,940

Indicative price guide range

🏘️
72
Comparable
📊
$515,000
Area median
⚖️
-3%
vs median
📐
$0
Per m²
📏
38751277 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Nestled in the serene and picturesque court of 18 Penrose Place, Newlands Arm, this expansive 1166m2 lifestyle allotment offers an unparalleled opportunity to create your dream home. With direct access to the stunning Lake Victoria, enjoy breathtaking easterly views and wake up to the golden hues of the morning sunrise. Surrounded by high-quality homes currently under construction, this sought-after location ensures a beautiful and establishing neighbourhood. Just moments from the local boat ramp and Dawson Cove ski zone, this property is ideal for water lovers, offering direct access to the pristine Gippsland Lakes. Perfect for boating & fishing. With ample space to design a home that embraces the natural beauty of the area, this is a rare opportunity to secure a prime allotment. Whether you're looking for a peaceful retreat or an active lakeside lifestyle, this block has it all.

Property Features

    View full listing on Domain

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    Repayment calculator

    $2,419/month
    $1,210 /fortnight
    Loan $399,200 at 6.10% over 30 years

    Upfront costs

    Deposit$99,800
    Stamp duty$25,010
    Conveyancing (est.)$2,000
    Total upfront$126,810
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    38751277m²
    Listed
    1 month ago

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