OFF MARKET

319 Lake Road
Newmerella VIC 3886

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 33770m2
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Last updated 30 Sep 2024
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Property Details for 319 Lake Rd, Newmerella

319 Lake Rd, Newmerella is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 33770m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last transferred in July 2020.

Building Type
House
Year Built
1950
Floor Size
103m2
Land Size
33770m2
Local Government
East Gippsland
Lot/Plan
1/PS532615

Last Listing description (July 2024)

This delightful 2-bedroom home is situated on the always popular Lake Road in Newmerella only minutes from the Orbost CBD. This property offers relaxing rural views perfect for people seeking a quiet lifestyle or professionals seeking a peaceful retreat to relax and unwind.

Features Include:
2 bedrooms + 1 study

Kitchen with Electric Cooking
Formal Dining Room
Cozy lounge with WoodFire heating
1 bathroom
Uninterrupted Rural Views

Available NOW! Applications are welcome and required for processing before inspections. Don't miss out on this wonderful opportunity with our team today for further information and to schedule a viewing.

Property History for 319 Lake Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Transferred
25 Jul 2020
Listed for Rent
$370/w
19 Jul 2024
  • 27 Jun 2024
    Listed for Rent $370 / week
  • 25 Jul 2020
    Transferred
  • 21 Jun 2016
    Transferred
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About Newmerella 3886

The size of Newmerella is approximately 55.2 square kilometres. It has 3 parks covering nearly 78% of total area. The population of Newmerella in 2011 was 440 people. By 2016 the population was 388 showing a population decline of 11.8% in the area during that time. The predominant age group in Newmerella is 60-69 years. Households in Newmerella are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Newmerella work in a managers occupation. In 2011, 86.8% of the homes in Newmerella were owner-occupied compared with 86.2% in 2016.

Newmerella has 269 properties. Over the last 5 years, Houses in Newmerella have seen a 79.86% increase in median value, while Units have seen a 2.56% increase. As at 30 September 2024:

  • The median value for Houses in Newmerella is $471,105 while the median value for Units is $452,406.
There are currently 1 property listed for sale, and no properties listed for rent in Newmerella on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Newmerella.

Suburb Insights for Newmerella 3886

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.