OFF MARKET

200 Lake Road
Newmerella VIC 3886

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 136314m2
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Property Details for 200 Lake Rd, Newmerella

Building Type
Commercial
Land Size
136314m2
Local Government
East Gippsland
Lot/Plan
3/PS534568

Last Listing description (September 2016)

This beautiful 33 acre property with power connected and a huge dam, boasts spectacular views over the ocean, lakes, snowy river estuary and mountains to the north. Overlooking the township of Marlo on a school bus route it is only 8kms from the nearby town of Orbost which services the region with brilliant health care and a friendly community.
Build your dream home on this once in a lifetime opportunity.
This could be the ideal property for your private holiday retreat or retirement, having good fishing, country and beach lifestyle at your doorstep. There are boat ramps and private beaches only minutes away.

Don't hesitate, this property won t last long!

Property History for 200 Lake Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Sold
$295,000
29 Aug 2016
  • 29 Aug 2016
    Sold for $295,000
  • 25 Aug 2014
    Listed for Sale Not Disclosed
  • 22 Apr 2013
    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 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.

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.