FOR SALE
$2,100,000

57 Swan Reach Road
Swan Reach VIC 3903

Bedrooms: 14
Bathrooms: 7
Car spaces: 20
Land area: 28.6ac
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Lifestyle / Investment / Potential / Destination / Plus 28 Acres

This country escape at Swan Reach offers a unique blend of lifestyle and investment opportunities with its diverse range of accommodations, generous land size, water supply options, and versatile infrastructure. Whether you're looking for a peaceful rural retreat, a lucrative investment, or a combination of both, this property may be your answer...
Swan Reach is a peaceful country town close by to Lakes Entrance, Bairnsdale and Metung situated along the Tambo River.
The property consists of 28 acres of farmland plus 5 two-bedroom cottages, a 4-bedroom house with study/office, and extensive shedding.
- Accommodation: Multiple dwellings provide flexibility for personal use, rental income, or guest accommodation - Land Size: 20 acres of land, offering ample space for various activities and development opportunities
- Water Supply: Both town and tank water supply, ensuring convenience and self-sufficiency
Current Situation:
- The main house and cottage 1 is currently rented as holiday rental accommodation, offering additional revenue streams
- Cottage 2, 3, 4 and 5 are currently tenanted with permanent tenants providing a stable source of income
- All 5 Cottages have had separate power metres installed
- Another income source which has proved to be quite successful is the adding of HipCamp to the front paddock. This too could also be expanded upon
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Property Details for 57 Swan Reach Rd, Swan Reach

Building Type
Rural
Land Size
28.6ac

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About Swan Reach 3903

The size of Swan Reach is approximately 37.7 square kilometres. It has 1 park covering nearly 13% of total area. The population of Swan Reach in 2011 was 625 people. By 2016 the population was 743 showing a population growth of 18.9% in the area during that time. The predominant age group in Swan Reach is 60-69 years. Households in Swan Reach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Swan Reach work in a trades occupation. In 2011, 78% of the homes in Swan Reach were owner-occupied compared with 79.9% in 2016.

Swan Reach has 491 properties. Over the last 5 years, Houses in Swan Reach have seen a 72.37% increase in median value. As at 31 July 2024:

  • The median value for Houses in Swan Reach is $830,052 while the median value for Units is $322,636.
  • Houses have a median rent of $300.
There are currently 11 properties listed for sale, and 1 property listed for rent in Swan reach on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Swan reach.

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Rachael Newman
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Elders Real Estate Lakes Entrance
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