5 Penrose Place, Newlands Arm VIC 3875

Total new homes16
Area size30.05 hectares
Growth RegionGippsland Regional Growth Areas
City councilEast Gippsland Shire Council
Developer N/A

Land for Sale, House and Land Packages:


Updates for 5 Penrose Place, Newlands Arm


Location & Map for 5 Penrose Place, Newlands Arm

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Land Price Trend in Newlands Arm

  • In Jan - Mar 23, the median price for vacant land in Newlands Arm VIC 3875 was $530,000. *
  • From Oct - Dec 17 to Jan - Mar 23, the median price for vacant land in Newlands Arm VIC 3875 has increased 381.82%. *
  • From 2008 to 2022, the median price for vacant land in Newlands Arm VIC 3875 has increased 596.2%. *
* Price data comes from Valuer-General Victoria on 06/12/23

Vacancy Rate in Newlands Arm VIC 3875

View full vacancy rate history in Newlands Arm VIC 3875 via SQM Research.


Schools near 5 Penrose Place, Newlands Arm

Here are 6 schools near 5 Penrose Place, Newlands Arm:


Land Release Applications for 5 Penrose Place, Newlands Arm

Land releaseLand reportNumber of lotsPlan numberLand surveyorLodged dateIntended useSettlement tracking
5 Penrose Place, Newlands Arm VIC 387516 PS847904E, 17527, 423/2017/P, PS847904ECrowther & Sadler20/04/2021 Registered at Land Use Victoria

Reviews & Comments on 5 Penrose Place, Newlands Arm

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Estate Brochure, Masterplan, Engineering Plan, Plan of Subdivision (POS), Design Guidelines


FAQs about 5 Penrose Place, Newlands Arm

How many homes does 5 Penrose Place, Newlands Arm consist of?
There will be 16 new homes in 5 Penrose Place, Newlands Arm.
What’s the total area size for 5 Penrose Place, Newlands Arm?
5 Penrose Place, Newlands Arm has 30.05 hectares total area size.
Which city council does 5 Penrose Place, Newlands Arm fall under?
East Gippsland Shire Council is the local government area for 5 Penrose Place, Newlands Arm.
Which schools near 5 Penrose Place, Newlands Arm?
Below are the nearby schools for 5 Penrose Place, Newlands Arm:
  • Paynesville Primary School - 2.2km north
  • Eagle Point Primary School - 4.9km north-west
  • Nicholson Primary School - 13.3km north
  • Bairnsdale Secondary College - 13.3km north-west
  • Bairnsdale Primary School - 13.7km north-west
  • Metung Primary School - 13.7km north-east
5 Penrose Place, Newlands Arm VIC 3875