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

344 Lake Road
Newmerella VIC 3886

Bedrooms: 3
Bathrooms: 2
Car spaces: 7
Land area: 580280m2
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Property Details for 344 Lake Rd, Newmerella

Building Type
Rural
Land Size
580280m2
Local Government
East Gippsland
Lot/Plan
1/LP219958

Last Listing description (March 2026)

344 Lake Road in Newmerella offers 143.39 acres of mixed grazing and cropping land with elevated views across the Snowy River Estuary and Bass Strait. The property is largely cleared and has the potential to be highly productive, with approximately 22 acres of native bushland positioned centrally to provide livestock shelter and firewood supply. Several dams support stock watering and offer potential irrigation for the productive lower flats which are primed to carry a variety of crops.

The main homestead enjoys exceptional coastal outlooks and retains classic Federation character throughout. The home includes three bedrooms, two bathrooms (including ensuite), a spacious lounge with feature fireplace, and a combined kitchen and dining area with abundant bench space, gas cooking and a generous walk-in pantry. An enclosed outdoor room adjoins the dining space, creating a comfortable spot to enjoy in all seasons. Timber floors, pressed metal ceilings, decorative woodwork, brick fireplaces and the wrap-around verandah preserve the home's original charm.

A second dwelling, described as workers' accommodation, provides four bedrooms, two bathrooms and an L-shaped kitchen, dining and living zone. This home also features a wrap-around verandah with impressive views of the estuary, making it ideal for extended family, staff housing or potential accommodation income.

Other infrastructure includes two sheds near the main home being a timber-framed workshop clad in corrugated iron and a larger pole-constructed machinery shed enclosed on three sides. Both have concrete floors. The property is fenced into practical paddocks for efficient livestock management. There are chook yards, and other smaller structures in varying condition which could be restored or reclaimed for alternate uses.

Located only minutes from Orbost and a short drive to both Corringle and Marlo's beaches there's also direct access to the Snowy River Estuary from the flats for fishing and water sports. This property combines productivity and lifestyle with suitability for grazing, cropping, lifestyle living, tourism potential and long-term investment growth.

Property Highlights Include:
143.39 acres of mixed grazing and cropping
Elevated views across the Snowy River Estuary and Bass Strait
Approximately 22 acres of central native bushland for livestock shelter
Strong agricultural capability across predominantly cleared land
Multiple established dams for stock watering or potential irrigation
Main homestead with three bedrooms and two bathrooms
Federation character with timber floors, verandah and fireplaces
Large lounge and combined kitchen/dining with walk-in pantry and gas cooking
Enclosed outdoor room for year-round enjoyment
Second dwelling with four bedrooms, two bathrooms and open living
Verandah with water views on the second home
Machinery shed plus separate workshop, both with concrete floors
Well-fenced paddocks and practical farm layout
Minutes to Orbost and close to Corringle beaches and boat ramp (20 Min drive to Marlo)
Suitable for grazing, cropping, lifestyle living or accommodation potential

For more information or to arrange a private inspection, contact Orbost Real Estate today. Properties of this scale and location are rarely offered to the market.

Contact Luke Oakley - Orbost Real Estate on 0457600895 to arrange your inspection NOW!

INSPECTIONS TIMES: Flexible. Please contact agent and we will arrange a suitable time.

CONTRACT of SALE: Please contact our office to request a copy of the Contract of Sale and S32.

LINK TO CONSUMER AFFAIRS DUE DILLIGENCE CHECKLIST: https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists

Disclaimer: All information is provided by third parties and, while believed correct, is not guaranteed. Orbost Real Estate accepts no liability; purchasers must conduct their own investigations before relying on this information.

Property History for 344 Lake Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Sold
$31,000
15 Feb 1991
  • 24 Dec 2025
    Listed for Sale $1,600,000
  • 15 Feb 1991
    Sold for $31,000
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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 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.