OFF MARKET

144 Prestons Road
Newmerella VIC 3886

Bedrooms: 4
Bathrooms: 1
Car spaces: 6
Floor area: 155m2
Land area: 16515m2
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Property Details for 144 Prestons Rd, Newmerella

144 Prestons Rd, Newmerella is a 4 bedroom, 1 bathroom House with 6 parking spaces and was built in 1965. The property has a land size of 16515m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in March 1993.

Building Type
House
Year Built
1965
Floor Size
155m2
Land Size
16515m2
Local Government
East Gippsland
Lot/Plan
2/LP208745

Property History for 144 Prestons Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Sold
$113,500
04 Mar 1993
  • 04 Mar 1993
    Sold for $113,500

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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 83.64% increase in median value, while Units have seen a 7.10% increase. As at 31 October 2024:

  • The median value for Houses in Newmerella is $543,172 while the median value for Units is $439,365.
There are currently 2 properties listed for sale, and no properties listed for rent in Newmerella on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Newmerella.

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