Today's unveiling follows the March debut of its new sedan sibling, which will touch down in Australia next month. Coupe and Cabriolet versions have also been spied testing, although dates for those styles are still to be confirmed.
As with the wider new-generation Mercedes range, the front-end styling of the new E-Class Estate is a familiar affair. Likewise, the profile and rear views of the smaller new C-Class Estate have long been viewed as a clear hint at this model's look.
In Europe, the new E-Class Estate will initially launch with a three-model range, opening with the 2.0-litre four-cylinder 143kW/400Nm E220d diesel, and topping out with the turbocharged V6 petrol 295kW/520Nm AMG E43 - a new entry point for the hero sports arm.
Balancing the spread will be another diesel, the 190kW/620Nm E350d, driven by a turbo-diesel 3.0-litre V6.
Mercedes-Benz claims 0-100km/h times of 7.7 and 6.2 seconds for the E220d and E350d, while the E43 promises to cut the sprint to 4.7 seconds - just a hair shy of the E43 sedan's 4.6-second claim.
All three are equipped with the company's new 9G-Tronic nine-speed automatic transmission, with fuel use on the European test cycle listed at a claimed 4.2L/100km for the E220d, 5.4L/100km for the E350d and 8.4L/100km for the powered-up E43.
Storage capacity in the rear of the E-Class Estate is listed at 670 litres, and if rear passengers are content to have their backrest adjusted to a steeper 10-degree angle, an additional 30 litres is on offer in the rear space.
With the 40:20:40 split-fold second-row seats laid flat, cargo capacity expands to 1820 litres.
As with the previous model, the E-Class Estate offers an 1100mm wide loading space between the rear wheel arches that can accommodate a standard European-market pallet, which measure 800mm wide and 1200mm long. But, at 1165x1165mm, a standard Australian pallet won't as easily fit.
Self-levelling rear air suspension is also featured, designed to keep the vehicle level when fully laden and when towing. All-round air suspension is also available.
As with the E-Class sedan, the cabin of the new Estate boasts two 12.3-inch displays along the dash, along with new phone-like touchpad controls on the steering wheel.
Speaking with CarAdvice today, Mercedes-Benz Australia communications manager David McCarthy confirmed a 2017 debut for the new E-Class Estate, although exact timing is still to be determined. Likewise, the model spread and available trim grades have not been locked in.
McCarthy added that, as a traditionally low-volume body style, the company expects to sell around 150 units of the new Estate per year.