FOR SALE
$11,500 per acre

87 Hughes Road
Nerrena VIC 3953

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 248.87ac
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Outstanding Productive 248 Acre Grazing Property

This superb heavy carrying property is ideally suited to cattle fattening or breeding, sheep, or dairy turnout. Well situated, just 10 mins from Leongatha in the highly renowned South Gippsland region, this quality property boasts additional lifestyle attributes as well as scope of added income.
Features include:
- Undulating to rolling hill country
- Excellent permanent fencing supported by solar electric wire
- Central laneway for easy stock management
- Heavy duty stockyards include some concrete areas and excellent truck access
- Secure water supply via dams, springs, winter creeks and a reliable 40-inch annual rainfall
- 4 bay hay/machinery shed with poly tank
- Potential homesite with panoramic views
- Comprises 3 titles
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Property Details for 87 Hughes Rd, Nerrena

Building Type
Rural
Land Size
248.87ac

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About Nerrena 3953

The size of Nerrena is approximately 47.9 square kilometres. It has 3 parks. The population of Nerrena in 2011 was 532 people. By 2016 the population was 251 showing a population decline of 52.8% in the area during that time. The predominant age group in Nerrena is 60-69 years. Households in Nerrena are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nerrena work in a managers occupation. In 2011, 78.8% of the homes in Nerrena were owner-occupied compared with 75.6% in 2016..

Nerrena has 162 properties. Over the last 5 years, Houses in Nerrena have seen a 100.65% increase in median value, while Units have seen a 419.01% increase. As at 30 November 2024:

  • The median value for Houses in Nerrena is $1,137,001 while the median value for Units is $532,958.
There are currently 6 properties listed for sale, and no properties listed for rent in Nerrena on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Nerrena.

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Ben Townsend
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Elders Real Estate Leongatha/Korumburra
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