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

558 Lake Road
Newmerella VIC 3886

Bedrooms: 3
Bathrooms: 2
Car spaces: 7
Floor area: 221m2
Land area: 30696m2
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Property Details for 558 Lake Rd, Newmerella

558 Lake Rd, Newmerella is a 3 bedroom, 2 bathroom House with 7 parking spaces and was built in 1995. The property has a land size of 30696m2 and floor size of 221m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
House
Year Built
1995
Floor Size
221m2
Land Size
30696m2
Local Government
East Gippsland
Lot/Plan
2/PS309040

Last Listing description (November 2015)

Enhance your lifestyle and enjoy this quality as new double storey stylish home that offers the grandest views of the lake and sea to Corringle beach and coastal Marlo in the distance. Sitting on approximately 3.1 ha in a private setting, this home has N,W & E facing decking to be enjoyed at all times of the year. The quality exterior is Dura steel weatherboards requiring no painting & with a 30 year guarantee. Enter the ground level to relaxing living and dining as well as the jarrah kitchen and meals area, 2nd lounge room and bathroom and 2 bedrooms the master of which has double door access to the west facing deck leading to an all-year-round use 4.2m plunge pool and spa and outdoor kitchen for your convenience. Multiple sets of sliding doors on both sides of the home allow the beautiful coastal breeze to combine you with nature and ensure the relaxed feel to this desirable property. Other features of the home include Sydney blue gum polished floors, mahogany and ash linings, cathedral ceilings with exposed Oregon beams and a large omega gas cooker. The top level includes an additional bedroom and en-suite and office from where more stunning views can be enjoyed from the balcony. Your comfort is assured year round with the inside slow combustion heater, 3 split systems and ceiling fans.
The shedding is substantial with a 2 double carport lockup, 4 bay carport and 1 bay shed as well as a garden shed and a hay shed. The property has 4 water tanks (80,000 litres), 17 fruit trees, the longest undercover home vegetable garden ever seen, 2 dams of which can be pumped from which are connected to 2 runs of sprinklers that can be diverted from either dam as well as a 5000 litre water tank for the vegetable garden. As well as the amazing Corringle beach nearby (10km) you are also only a short drive to the boat ramp to the Snowy River (1km) as well as parks, shops, schools and public transport (10km) for your convenience. This property could be your permanent family home, your perfect secure low maintenance holiday retreat, or holiday home investment. Either way you and your family and friends will enjoy this stylish desirable home and sought after location.

Property History for 558 Lake Rd, Newmerella, VIC 3886

A timeline of how this property has performed in the market
Last Sold
$555,000
18 Sep 2015
  • 18 Sep 2015
    Sold for $555,000
  • 12 Jan 2015
    Listed for Sale $579,000
  • 04 May 2003
    Sold for $255,000
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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.
There are currently 4 properties listed for sale, and no properties listed for rent in Newmerella on OnTheHouse. According to Cotality's data, 5 properties were sold in the past 12 months in Newmerella.

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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.