OFF MARKET

534 Fairbank Road
Arawata VIC 3951

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Land area: 559912m2
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Property Details for 534 Fairbank Rd, Arawata

Building Type
Land
Land Size
559912m2
Local Government
South Gippsland
Lot/Plan
1/TP712217

Last Listing description (July 2021)

"Waihola" has been in the same family ownership since 1887 and boasts stunning views from the 100 plus year old renovated homestead and other parts of the property.

An excellent balance of gently undulating rolling and hill country, the property is currently being run as a dairy farm but would easily convert to beef, sheep or other agricultural interests.

The "Waihola" country homestead features 4 spacious bedrooms, an office, 2 bathrooms, open plan kitchen/dining/family area, separate lounge and modern kitchen. A sensational deck area boasts magnificent views as do most living areas of the home. Wonderful high/ornate ceilings, wood fire & electric heating/cooling and many original features add lots of character to the home. A separate bungalow is ideal as additional sleeping quarters, office or studio.

Shedding consists of an 18 a side herringbone dairy with 7600 ltr Vat, silo and auto feed system & concrete feed pad. An 18m x 9m fully lock up machinery shed plus other sundry hay, calf, storage shedding plus workshop. A historic outbuilding was the original Korumburra Golf Club "clubhouse"

"Waihola" boasts renovated pastures, excellent water supply via dams to troughs, a tranquil winter creek and a reliable/secure 40 plus inch annual rainfall. Treed shelter plantations, scattered gums and English trees provide shelter and aesthetic appeal to the property.

Positioned in an excellent location and only 10 km to Korumburra, 14 km to Leongatha and 1.5 hours to Melbourne. Historic "Waihola" is an opportunity not to be missed.

Inspection is strictly by appointment via selling agents. 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 534 Fairbank Rd, Arawata, VIC 3951

A timeline of how this property has performed in the market
Last Sold
$800,000
12 Aug 2014
  • 23 Sep 2019
    Listed for Sale $1.8 Million
  • 12 Aug 2014
    Sold for $800,000
  • 11 Nov 1983
    Sold for $54,500
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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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