OFF MARKET

151 Fairbank Road
Arawata VIC 3951

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 269031m2
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Property Details for 151 Fairbank Rd, Arawata

Building Type
Rural
Land Size
269031m2
Local Government
South Gippsland
Lot/Plan
2/PS329472

Last Listing description (July 2021)

A great opportunity to secure quality grazing land in the reliable South Gippsland - Korumburra district. Ideally suited for cattle fattening & breeding or would be a great dairy turnout block.

Features of this property include:
• Easy access via sealed road

• Well sheltered north facing land
• Combination of undulating & hill country
• Sundry shedding for hay & machinery storage
• 3 dams plus a reliable 40 inch (approx.) annual rainfall
• Power available at the boundary
• Korumburra 5 mins, Leongatha 20 mins

Don't miss out on this great opportunity as properties of this nature rarely stay on the market for long.

If you would like to inspect this property or have any questions, please contact Don Olden on 0417 805 312 or Jean O'Loughlin on 0428 571 083.

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Property History for 151 Fairbank Rd, Arawata, VIC 3951

A timeline of how this property has performed in the market
Last Sold
$420,000
13 May 2021
  • 13 May 2021
    Sold for $420,000
  • 04 May 2021
    Listed for Sale $410,000 - $440,000
  • 29 Mar 2004
    Sold for $185,000

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About Arawata 3951

The size of Arawata is approximately 22.4 square kilometres. The population of Arawata in 2011 was 305 people. By 2016 the population was 74 showing a population decline of 75.7% in the area during that time. The predominant age group in Arawata is 50-59 years. Households in Arawata are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Arawata work in a managers occupation. In 2011, 94.5% of the homes in Arawata were owner-occupied compared with 92.3% in 2016..

Arawata has 72 properties. Over the last 5 years, Houses in Arawata have seen a 94.03% increase in median value. As at 30 November 2024:

  • The median value for Houses in Arawata is $1,081,764.
There are currently no properties listed for sale, and no properties listed for rent in Arawata on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Arawata.

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