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Tomkins Lane
Allans Flat VIC 3691

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Land area: 404686m2
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Property Details for Lot 1 Tomkins Lane, Allans Flat

Building Type
Land
Land Size
404686m2
Local Government
Indigo

Last Listing description (September 2016)

Olive View Land Area Approximately 100 Acres 40 Hectares
Olive View Location A most convenient location only 35Kms to Albury and 11Kms to Yackandandah. An easy 3 hour drive to Melbourne (approximately 300Kms) via Sydney-Melbourne, double lane, Hume Freeway.
Olive View Planning Permit Olive View is offered on the basis that a planning permit is available from Indigo. The property is zoned mixed farming, allowing for a building permit to be granted on areas of land of 40 hectares minimum. It must be noted that because of the extensive development of land, there is little opportunity to purchase parcels of land that would be eligible for a planning permit.

Olive View Land Mixture of quality, undulated country through to the balance of lower hill country with native pastures. Boundary fencing in good condition and internal, subdivisional fencing in fair order.
Olive View Water Seasonal creek and four (4) quality spring fed dams.
Remarks Provides, without a doubt, an opportunity to purchase perhaps the most attractive rural, residential allotment within the Albury-Wodonga influence area. Due to the zoning and close proximity to both Wodonga and Yackandandah, this property should appeal to the astute buyer. The opportunity is there to purchase and build immediately or purchase and use the property as a solid investment into the future.
Property Code: 1130

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Property History for Lot 1 Tomkins Lane, Allans Flat, VIC 3691

A timeline of how this property has performed in the market
  • 23 Sep 2016
    Listed for Sale $520,000

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About Allans Flat 3691

The size of Allans Flat is approximately 38.3 square kilometres. It has 1 park. The population of Allans Flat in 2011 was 465 people. By 2016 the population was 309 showing a population decline of 33.5% in the area during that time. The predominant age group in Allans Flat is 50-59 years. Households in Allans Flat are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Allans Flat work in a managers occupation. In 2011, 91.1% of the homes in Allans Flat were owner-occupied compared with 82.2% in 2016..

Allans Flat has 132 properties. Over the last 5 years, Houses in Allans Flat have seen a 58.90% increase in median value, while Units have seen a 186.69% increase. As at 31 October 2024:

  • The median value for Houses in Allans Flat is $994,033 while the median value for Units is $681,498.
There are currently 2 properties listed for sale, and no properties listed for rent in Allans flat on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Allans flat.

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