250 Lake Road, Newmerella, VIC 3886 | Property Value & History | OnTheHouse
OFF MARKET

250 Lake Road
Newmerella VIC 3886

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 533077m2
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Property Details for 250 Lake Rd, Newmerella

Building Type
Rural
Land Size
533077m2
Local Government
East Gippsland
Lot/Plan
1/PS521746

Last Listing description (November 2025)

This exceptional 54.15 ha / 133.80 acre approx. allotment offers a rare opportunity to build your dream residence (STCA) with panoramic views of the surrounding coast and the ranges of Snow River National Park, where you can bask in serenity while shops, cafes and the golf club at Orbost are just a 12-minute approx. drive away.

As you enter the property past the substantial dam, you will appreciate a sense of tranquillity here with a mix of partially cleared land and natural bushland. Once you reach the top of the rise, you will be taken aback at the sight before you.

Spectacular views of the Snowy River and the township of Marlo, with the ocean stretching before you over the treetops to the southeast. The aspect to the north also offers a beautiful, elevated outlook of the surrounding ranges. This lifestyle allotment is an ideal place to build your dream residence (STCA), and with numerous potential building sites, you are spoilt for choice.

Whether you are searching for a seaside retreat, seeking acreage offering the potential to build your own coastal getaway with genuine world-class views, or wanting to land bank for the future, this could be the opportunity you have been waiting for.

54.15 ha / 133.80 acre approx. with incredible ocean and mountain vistas
Build your dream residence (STCA) or pursue other tourism-based activities (STCA)
Access from Lake Road via a gravel driveway
Large dam on the Lake Road frontage
Dry dam (no water) at the top of the driveway, which has been dug but never filled
Mix of partially cleared land and natural bushland
12 minutes approx. from Orbost
20 minutes approx. from Marlo

250 Lake Road is to be Auctioned with Vacant Possession on the 4th July at 12 noon off-site at the Castran Head Office, which is located at 145 Toorak Road, South Yarra.

Interested parties can also attend and bid at the Auction online. All bidders must be registered with Castran prior to the commencement of the Auction.

This listing is in conjunction with Elders Real Estate.

To learn more about the property or to arrange an inspection please contact exclusive selling agent Lachlan Castran 0475 000 888 or Nick Myer 0427 610 278.

Disclaimer:
All information about the property has been provided to Castran TM Pty Ltd by third parties. Castran TM Pty Ltd has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Property History for 250 Lake Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Sold
$390,000
21 Mar 2008
  • 30 May 2024
    Listed for Sale $500,000 - $550,000
  • 21 Mar 2008
    Sold for $390,000
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About Newmerella 3886

The size of Newmerella is approximately 55.2 square kilometres. There are 3 parks, covering nearly 78.0% of the 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 265 properties. Over the last 5 years, Houses in Newmerella have seen a 48.52% increase in median value, while Units have seen a 9.39% increase. As at 30 April 2026:

  • The median value for Houses in Newmerella is $575,276 while the median value for Units is $446,281.
There are currently 4 properties listed for sale, and no properties listed for rent in Newmerella on OnTheHouse. According to Cotality's data, 4 properties were sold in the past 12 months in Newmerella.

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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.