OFF MARKET

85 Prestons Road
Newmerella VIC 3886

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 15900m2
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Property Details for 85 Prestons Rd, Newmerella

Building Type
Land
Land Size
15900m2
Local Government
East Gippsland
Lot/Plan
2/PS332769

Last Listing description (April 2019)

HERE WE HAVE THE BLOCK YOU HAVE BEEN WAITING FOR,APPROX 1.58 Ha OR 3.9 ACRES JUST ENOUGH FOR A COUPLE OF SHEEP OR COWS
THIS PROPERTY HAS TOWN WATER,POWER,AND PHONE LINE.DOWN THE BOTTOM OF THE HILL THERE IS A DAM ALL SO THE SOIL TESTS HAVE BEEN DONE FOR THE HOME OF YOUR DREAM
ALL REASONABLE LOOKED AT

Property History for 85 Prestons Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Sold
$80,000
23 Apr 2018
  • 23 Apr 2018
    Sold for $80,000
  • 15 Jun 2016
    Listed for Sale $180,000
  • 15 Apr 2003
    Sold for $33,000

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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.

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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.