3 Prestons RoadNewmerella VIC 3886
Property Details for 3 Prestons Rd, Newmerella
Last Listing description (November 2015)
This lovely 2 bedroom, weather board home is situated on 3.5 acres - with large separate lounge - renovated sunny kitchen - bathroom - laundry and toilet - solid coonara heating in lounge - just a few steps from sunny back verandah is the bungalow which could be 3rd bedroom - 23 thousand litre rain water tank for drinking and watering garden - 2 car lock up garage with loads of storage area. This home has loads of character.
$230,000
Property History for 3 Prestons Rd, Newmerella, VIC 3886
- 07 Aug 2013Listed for Sale $230,000
- 12 Feb 1999Sold for $70,000
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About Newmerella 3886
The size of Newmerella is approximately 55.2 square kilometres. It has 3 parks covering nearly 78.0% 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 38.25% increase in median value, while Units have seen a 53.29% increase. As at 31 December 2025:
- The median value for Houses in Newmerella is $566,388 while the median value for Units is $474,780.
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