OFF MARKET

5221 Princes Highway
Newmerella VIC 3886

Bedrooms: 2
Bathrooms: -
Car spaces: -
Floor area: 102m2
Land area: 2047m2
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Property Details for 5221 Princes Hwy, Newmerella

5221 Princes Hwy, Newmerella is a 2 bedroom, 0 bathroom House and was built in 1940. The property has a land size of 2047m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1940
Floor Size
102m2
Land Size
2047m2
Local Government
East Gippsland
Lot/Plan
1/TP533947

Last Listing description (February 2023)

When location matters! Highway frontage, on a half acre (2047m2) allotment backing onto farmland with a bushy outlook. Here is a partially renovated three/four bedroom home and there is plenty of room on the land to build a large shed or park a truck or caravan. This property is Commercial 2 zoning which allows for a commercial or home business to operate from the site. There is also potential to sub-divide the block (STCA), rent out the house as a residential home and sell off the other half the land. The block could also be fenced off for a pony or a couple of sheep or grow your own vegetables and fruit trees.

The home has been renovated with a colorbond exterior and beautiful pine lined ceilings inside. There is an open plan living area and the lounge has a free standing wood heater and reverse cycle air-conditioner, keeping the home warm and cosy in those chilly winter months. There is an additional room out the back of the home which has an extra wood heater and kitchen sink. This could be converted to a fourth bedroom retreat for older parents or teenagers or family entertainment/man cave. There is a covered area with a concrete floor which could also be used as a carport or outdoor entertainment area. The inside kitchen has plenty of cupboards and an island bench with an adjoining dining area. This adjoins a generous living area with room for a larger family and space for an office or study area.

Situated across the road is the Newmerella Recreational Reserve and Show Grounds, which hosts the Orbost Pony Club, Annual Orbost Agricultural Show (which last year starred the fabulous Costa from Gardening Australia) and equestrian events. The East Gippsland Rail Trail passes behind the property and is a popular cycling route running from Bairnsdale through forests and farmland into Orbost. Newmerella is a small community with a primary school, service station with post office and takeaway food. You can enjoy the very best of country lifestyle with the convenience of being just a short drive to Orbost Secondary College, Orbost Regional Hospital, shops, banks, cafes, supermarkets and additional sporting facilities.

The property has a rural outlook and not far from the coast, being only fifteen kilometres to the Corringle Slips Foreshore Reserve on the lower Snowy River Estuary. Here you can launch the boat into the estuary system via the historical hundred-year-old boat ramp, chase the bream that the Snowy is famous for, and admire the birdlife. Corringle Slips also has plenty of tracks across the sand dunes to the mighty Southern Ocean, perfect for catching a wave or try some surf fishing. Take a river drive from Newerella along the Snowy River to the coastal town of Marlo for more water activities and a great pub meal at the Marlo Hotel.

This East Gippsland region offers outstanding natural environment and climate, affordable real estate and opportunity with its location, and the evolving food and beverage scene. Its only a forty-minute drive to the tourist town of Lakes Entrance and around one hours drive to Bairnsdale, the industry and business centre of East Gippsland. It is here the V/Line Bus from Orbost connects to the V/line train service to Melbourne. V/line Bus also connects from Orbost to Canberra, with connections to Sydney.

Make your move to the country. If you're looking for the place make the tree/sea change and bring your ideas and opportunities to life, there is a good chance this is the location to do it.

Please click on our 360 degree virtual tour or contact Teresa on 0429 398730, seven days a week to arrange a private inspection.

Property History for 5221 Princes Hwy, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Sold
$347,000
17 Nov 2022
  • 17 Nov 2022
    Sold for $347,000
  • 04 Aug 2022
    Listed for Sale $360,000
  • 15 Oct 2020
    Sold for $96,000

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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 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.