OFF MARKET

53 Prestons Road
Newmerella VIC 3886

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 55822m2
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Property Details for 53 Prestons Rd, Newmerella

Building Type
Rural
Land Size
55822m2
Local Government
East Gippsland
Lot/Plan
1/LP203282

Last Listing description (March 2017)

This Prestons Road property is on the outskirts of Newmerella, it has room to move on 14 Acres. This home has 3 bedrooms WIR and partial built ensuite just needs finshing off. Near new kitchen with Bosch gas stove and large pantry. Large open plan living with large wood heater and R/C Air conditioning. Cosmetic touches required to enhance the residence. Established gardens with orchid and bird proof veggie garden. 40x22x10 shed plus cool room. 1 dam and bore plus stock yards and chook house. Wont last. Be quick Call for an inspection.

Property History for 53 Prestons Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Sold
$315,000
11 Jan 2017
  • 11 Jan 2017
    Sold for $315,000
  • 18 Nov 2016
    Listed for Sale $335,000
  • 11 Sep 2002
    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.

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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.