164 Lake Road, Newmerella, VIC 3886 sold on 10 December 2024 | OnTheHouse
SOLD
Sold on 10 Dec 2024 for $850,000

164 Lake Road
Newmerella VIC 3886

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 216m2
Land area: 95299m2
Save

Property Details for 164 Lake Rd, Newmerella

Building Type
Rural
Year Built
1970
Floor Size
216m2
Land Size
95299m2
Local Government
East Gippsland
Lot/Plan
1/PS534568

Last Listing description (May 2017)

Situated only 7kms from Orbost, opportunities to purchase properties of this calibre are rare indeed, and we are proud to offer this wonderful property for sale. For the buyer seeking quality, luxury, space and privacy this 23 acre property has it all. Surrounded by breathtaking 360 degree views to all aspects, there are panoramic ocean views in one direction and stunning mountain views int the other. The period home, sitting stately on the hill has beautiful features such as extensive lead lighting, high ceilings, french doors and romantic verandas. It offers 4 bedrooms with walk in robe and ensuite to master, spacious lounge/dining featuring wood heating with ornate surround, beautifully renovated black wood kitchen boasting granite bench tops and stainless steel appliances, and second living room - again with wood heating, facing amazing ocean views. Other features include ample shedding, drip irrigated orchard, hot house and established gardens. It has also been fenced into 4 paddocks and water is not an issue with the spring fed dam that is also stocked with 150 Bass! This property simply must be seen to be appreciated.

Property History for 164 Lake Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Sold
$850,000
10 Dec 2024
Listed for Rent
$300/w
22 Dec 2016
  • 10 Dec 2024
    Sold for $850,000
  • 27 Feb 2017
    Sold for $440,000
  • 22 Jul 2016
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

About Newmerella 3886

The size of Newmerella is approximately 55.2 square kilometres. It has 3 parks covering nearly 78.0% of total area. The population of Newmerella in 2016 was 389 people. By 2021 the population was 415 showing a population growth of 6.7% in the area during that time. The predominant age group in Newmerella is 50-59 years. Households in Newmerella are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newmerella work in a managers occupation.In 2021, 82.30% of the homes in Newmerella were owner-occupied compared with 86.20% in 2016.

Newmerella has 266 properties. Over the last 5 years, Houses in Newmerella have seen a 74.15% increase in median value, while Units have seen a 47.78% increase. As at 31 October 2025:

  • The median value for Houses in Newmerella is $551,475 while the median value for Units is $338,634.
There are currently 3 properties listed for sale, and no properties listed for rent in Newmerella on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Newmerella.

Suburb Insights for Newmerella 3886

Market Insights
Newmerella Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newmerella Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.