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 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.

Suburb Insights for Nerrena 3953

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Michael Hanily
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Kasey Bowman
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Ray White Leongatha
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.