OFF MARKET

44 Prestons Road
Newmerella VIC 3886

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 160m2
Land area: 4116m2
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Property Details for 44 Prestons Rd, Newmerella

44 Prestons Rd, Newmerella is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 4116m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last transferred in June 2018.

Building Type
House
Year Built
1980
Floor Size
160m2
Land Size
4116m2
Local Government
East Gippsland
Lot/Plan
1/TP180277

Last Listing description (January 2012)

SUBSTANTIAL BRICK HOME ON APPROX 1 ACRE
Large brick home currently with potentially four bedrooms. The home also has a large double lockable garage (five roller doors!) & a large workshop adjacent to it. There is also a new 9m x 7m shed as well as a large garden shed. All bedrooms have BIRS with the master bedroom having provision for an en suite. There is air conditioning, wood heating and gas cooking. The owners have installed a solar HWS & given the home a fresh interior paint. The property is situated in a beautiful rural setting.

Property History for 44 Prestons Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Transferred
06 Jun 2018
  • 06 Jun 2018
    Transferred
  • 04 Jan 2012
    Sold for $295,000
  • 03 Nov 2011
    Listed for Sale $299,000
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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.