OFF MARKET

121 Prestons Road
Newmerella VIC 3886

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 53300m2
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Property Details for 121 Prestons Rd, Newmerella

121 Prestons Rd, Newmerella is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 53300m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Land Size
53300m2
Local Government
East Gippsland
Lot/Plan
1/LP213196

Last Listing description (December 2021)

Exceptional views of Orbost township and rural surrounds. A perfect hobby farm on on 13 acres located in the stunning country side of Newmerella which is only 5 minutes to town and a short drive to local rivers and beaches. Ideal brick home for a growing family with 4 bedrooms and 2 bathrooms. A spacious kitchen with open plan to dining/lounge area takes in views of the countryside. There is a second separate lounge adjacent to the master bedroom which has a WIR and Ensuite. Other features include 16 solar panels, woodheater, split system, dishwasher and BIR's to all bedrooms. This property is connected to town water & septic.

Enjoy outdoor entertaining on the covered deck which overlooks rural backdrop along with established gardens. A separate vegie patch and numerous fruit trees will provide an abundance of fresh produce. Ample shedding includes main shed/workshop with power and a separate man cave with kitchenette, bathroom facilities and an open bay carport with cover along the verandah for front door access. Second shed is ideal for caravan/boat storage and has concrete flooring but no power.

The acreage is fenced and currently runs a few calves and would suit many other hobby farming pursuits. This home has been well built, loved and extremely well cared for.

Inspections will impress. Please contact us to arrange a time . Strict COVID rules will apply.

Property History for 121 Prestons Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Sold
$780,000
23 Nov 2021
  • 23 Nov 2021
    Sold for $780,000
  • 27 Oct 2021
    Listed for Sale $789,000
  • 23 Nov 1988
    Sold for $40,000

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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 64.22% increase in median value, while Units have seen a 0.35% increase. As at 31 August 2024:

  • The median value for Houses in Newmerella is $514,691 while the median value for Units is $200,634.
There are currently 3 properties listed for sale, and no properties listed for rent in Newmerella on OnTheHouse. According to CoreLogic's data, 6 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.