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20 Penrose Place

Newlands Arm, VIC 3875, Australia
$499,000
38751167m²

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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
📏
38751167 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

Set in the peaceful court of 20 Penrose Place, Newlands Arm, this spacious 1,277sqm allotment offers the perfect setting to build your dream home. Backing onto Lake Victoria, the block captures stunning easterly views, so you can wake up to breathtaking sunrises over the water. Surrounded by quality homes taking shape in the neighbourhood, this is an ideal location for those looking to settle into a picturesque and establishing community. Just moments from the boat ramp and Dawson Cove ski zone, you'll have easy access to the renowned Gippsland Lakes, making it perfect for boating, fishing, and outdoor adventures. With plenty of space to design a home that makes the most of its stunning surroundings, this allotment is a rare opportunity to enjoy the best of lakeside living. Whether you're after a relaxed retreat or a lifestyle filled with water-based activities, this block is ready for your vision.

Property Features

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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
    38751167m²
    Listed
    1 month ago

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