588 Lake Rd, Newmerella is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 36155m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in October 1997.
DREAM LIFESTYLE!
This magnificent home is set in an idyllic location. Presented on approximately 9.6 acres, this impressive property is situated only 1km from the Snowy River boat ramp, has frontage to Lake Watt Watt wildlife reserve, and offers stunning views towards Marlo and the Lake. Built for the view, this home features Tasmanian Oak flooring,cathedral ceilings of Sassafras and Iron bark, and a feature wall of local rock. It boasts a light filled, open plan living zone with wood heating and reverse cycle split system, galley style kitchen and walk in pantry. 3 bedrooms, 2 bathrooms plus study make this a perfect family home. Outside is equally as impressive. Fenced into 4 paddocks, large color bond shed, 2 horse stables and established, low maintenance gardens. If you've always wanted to live the dream, now's the time!
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:
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