OFF MARKET

81 Prestons Road
Newmerella VIC 3886

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 148m2
Land area: 13412m2
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Property Details for 81 Prestons Rd, Newmerella

81 Prestons Rd, Newmerella is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 13412m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last transferred in August 2022.

Building Type
House
Year Built
2000
Floor Size
148m2
Land Size
13412m2
Local Government
East Gippsland
Lot/Plan
2/PS304756

Last Listing description (July 2014)

NEWMERELLA BRICK VENEER WITH RURAL VIEWS
Sitting on 4.5 acres this 10 year old brick veneer home features 3 bedrooms, 2 with built in robes, ensuite to main bedroom with walk in robe. Open plan living, kitchen, dining room,dish washer & walk-in pantry. Solid wood heater in living area. Front & back verandahs, large lock up double garage. 60x30x14 colour bond shed with concrete floor & power, with enclosed granny flat with sewerage & water connected.$369,000

Property History for 81 Prestons Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Transferred
27 Aug 2022
Listed for Rent
$260/w
07 Mar 2014
  • 27 Aug 2022
    Transferred
  • 19 Feb 2020
    Sold for $350,000
  • 07 Mar 2014
    Listed for Rent - Price not available
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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.