223 Lake RoadNewmerella VIC 3886
Property Details for 223 Lake Rd, Newmerella
Last Listing description (July 2024)
Positioned within close proximity to Lake Corringle, the mighty Snowy River and East Gippsland's spectacular coastline, this lifestyle property allows you to escape to a world of nature with the opportunity to build your dream residence (STCA) on 68.89 ha / 170.23 acre approx.
Accessed via Lake Road, there are a number of tracks throughout the property, allowing for endless adventures on the weekends. The allotment is mostly made up of natural bushland. However, there is a substantial cleared area on the Lake Road frontage, which would be ideal for a house site (STCA).
Native wildlife, terrific access to the seaside town of Marlo, and a relaxed lifestyle are just some of the reasons why you will love this pristine area of Victoria. Imagine waking up to the sound of birds singing and enjoying your morning cuppa in complete tranquillity.
68.89 ha / 170.23 acre approx. close to the lake
Cleared area ideal for a building site (STCA)
Magnificent backdrop of natural bushland
Possible further tourism pursuits (STCA)
Native flora and fauna
Highly sought-after location
Moments to Snowy River and Marlo
11 minutes drive approx. from Orbost's shops, cafes, and Golf Club
This listing is in conjunction with Elders Real Estate.
To learn more about the property or to arrange an inspection please contact exclusive selling agent Lachlan Castran 0475 000 888 or Nick Myer 0427 610 278.
Disclaimer:
All information about the property has been provided to Castran TM Pty Ltd by third parties. Castran TM Pty Ltd has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Property History for 223 Lake Rd, Newmerella, VIC 3886
- 30 May 2024Listed for Sale $400,000 - $440,000
- 10 Jul 2008Sold for $210,000
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0About 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.
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