FOR SALE
$247,000

42 Railway Avenue
Munro VIC 3862

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 12042m2
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Spacious rural allotments

This property offers the opportunity to acquire land in a tranquil and picturesque rural setting, whether you're envisioning the construction of your dream home or exploring potential development opportunities (subject to council approval).
Nestled amidst the embrace of mature trees, both spacious allotments boast an idyllic rural outlook.
Allotment 1- Spanning approximately 5358 sqm, offers ample space for your vision to come to life.
Allotment 2- provides a generous expanse of approximately 6684 sqm.
Munro in Wellington Shire is situated in Central Gippsland with access from the Port of Sale to the Gippsland Lakes, Wetlands and only 40 minutes to the 90 Mile beach, Bass Strait, associated Oilfields, Gas plant and only 90 minutes to the snow and wilderness. The township is surrounded by productive farming areas, Avon River and Irrigation areas and just over a 2.5 hour drive to Melbourne.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property Details for 42 Railway Ave, Munro

Building Type
Land
Land Size
12042m2

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About Munro 3862

The size of Munro is approximately 121.8 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Munro in 2011 was 175 people. By 2016 the population was 138 showing a population decline of 21.1% in the area during that time. The predominant age group in Munro is 50-59 years. Households in Munro are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Munro work in a managers occupation. In 2011, 86.8% of the homes in Munro were owner-occupied compared with 92% in 2016..

Munro has 116 properties. Over the last 5 years, Houses in Munro have seen a 85.42% increase in median value. As at 31 October 2024:

  • The median value for Houses in Munro is $761,386 while the median value for Units is $278,187.
There are currently 2 properties listed for sale, and no properties listed for rent in Munro on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Munro.

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Tony Kiss
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Wellington Real Estate
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