FOR SALE
$11,500 per acre

87 Hughes Road
Nerrena VIC 3953

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 249ac
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248 Acre Grazing Property

This approx 248.52 acre heavy carrying, undulating property is ideal with fattening cattle & features easily accessible hay shed with water tank, heavy duty stockyards with crush & loading ramp & a central laneway leading through the property to the yards as well as good fencing with solar electric fence to boundary fences & some internal fences. Reliable water supply provided by dams. Very well located within approx 10 minutes of Leongatha, 15 minutes from Meeniyan & only 5 minutes to the Dumbalk township. Contact us today for futher information or to arrange an inspection.

Property Details for 87 Hughes Rd, Nerrena

Building Type
Rural
Land Size
249ac

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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 160 properties. Over the last 5 years, Houses in Nerrena have seen a 111.43% increase in median value, while Units have seen a 378.90% increase. As at 31 August 2024:

  • The median value for Houses in Nerrena is $1,207,901 while the median value for Units is $565,472.
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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Michael Hanily
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Kasey Bowman
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Ray White Leongatha
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