OFF MARKET

164 Lake Road
Newmerella VIC 3886

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 208m2
Land area: 99399m2
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Property Details for 164 Lake Rd, Newmerella

164 Lake Rd, Newmerella is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 99399m2 and floor size of 208m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
House
Year Built
1970
Floor Size
208m2
Land Size
99399m2
Local Government
East Gippsland
Lot/Plan
1/PS534568

Last Listing description (May 2017)

Situated only 7kms from Orbost, opportunities to purchase properties of this calibre are rare indeed, and we are proud to offer this wonderful property for sale. For the buyer seeking quality, luxury, space and privacy this 23 acre property has it all. Surrounded by breathtaking 360 degree views to all aspects, there are panoramic ocean views in one direction and stunning mountain views int the other. The period home, sitting stately on the hill has beautiful features such as extensive lead lighting, high ceilings, french doors and romantic verandas. It offers 4 bedrooms with walk in robe and ensuite to master, spacious lounge/dining featuring wood heating with ornate surround, beautifully renovated black wood kitchen boasting granite bench tops and stainless steel appliances, and second living room - again with wood heating, facing amazing ocean views. Other features include ample shedding, drip irrigated orchard, hot house and established gardens. It has also been fenced into 4 paddocks and water is not an issue with the spring fed dam that is also stocked with 150 Bass! This property simply must be seen to be appreciated.

Property History for 164 Lake Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Sold
$440,000
27 Feb 2017
Listed for Rent
$300/w
22 Dec 2016
  • 27 Feb 2017
    Sold for $440,000
  • 22 Jul 2016
    Listed for Rent - Price not available
  • 09 Mar 2016
    Listed for Sale $475,000
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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 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.