FOR SALE
$915,000

Bealiba-Rheola Road
Rheola VIC 3517

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 148ha
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Rheola Farming Allotment

Over 100 years same family ownership 147.49 Ha - 364.47Ac in 9 Titles. In 2 paddocks in the Gold Rich district of Rheola
Rheola is defined by its rugged beauty and natural native bushland.
Gravel road frontage to all allotments this impressive undulating allotment allows delightful vistas over the Rheola, McIntyre and Moliagul districts.
Set among the natural water courses and prominent bush regrowth, zoned farming with the possibility to build on site )S.T.C.S), with dam water (3 dams) and the WM Pipeline pushing through the block, it is now drought proof. With natural bush on its boundary to the west the playground just got bigger. Use it for agriculture, a playground for motorbikes or bush bikes, this block has enormous potential
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Property Details for Bealiba-Rheola Rd, Rheola

Building Type
Rural
Land Size
148ha

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About Rheola 3517

The size of Rheola is approximately 34.8 square kilometres. It has 2 parks covering nearly 3.5% of total area. The population of Rheola in 2011 was 317 people. By 2016 the population was 35 showing a population decline of 89.0% in the area during that time. The predominant age group in Rheola is 0-9 years. Households in Rheola are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Rheola work in a managers occupation. In 2011, 80.5% of the homes in Rheola were owner-occupied compared with 108.7% in 2016..

Rheola has 64 properties. Over the last 5 years, Houses in Rheola have seen a 12.59% increase in median value. As at 31 October 2024:

  • The median value for Houses in Rheola is $586,591.
There are currently 4 properties listed for sale, and no properties listed for rent in Rheola on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Rheola.

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James Nevins
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FP Nevins & Co Inglewood
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