OFF MARKET

150 Prestons Road
Newmerella VIC 3886

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 118934m2
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Property Details for 150 Prestons Rd, Newmerella

150 Prestons Rd, Newmerella is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 118934m2. While the property is not currently for sale or for rent, it was last sold in December 2007.

Building Type
House
Land Size
118934m2
Local Government
East Gippsland
Lot/Plan
1/LP134321

Property History for 150 Prestons Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Sold
$305,000
20 Dec 2007
  • 20 Dec 2007
    Sold for $305,000
  • 08 Mar 1997
    Sold for $67,000

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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 44.62% increase in median value, while Units have seen a 7.08% increase. As at 30 November 2024:

  • The median value for Houses in Newmerella is $606,347 while the median value for Units is $406,038.
There are currently 2 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.

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