It s not often you get a chance to buy a century old school in the rainforests of the Tarra-Bulga National Park. The former Balook school site is in remarkably good condition for its age, consisting of two large classrooms with an adjoining large commercial size kitchen and a substantial amenities block. Located on 2 acres (8094m2) zoned farming, the property is totally secluded and hidden from view amongst the towering Mountain Ash and Blackwoods of the world renowned temperate rain forests, yet barely a minute s walk to the village centre & the Tarra Bulga visitors centre. Since its closure in 1966, the property has been utilized as a school camp savouring the warm sunny days, clear mountain air and cool crisp winters with occasional snowfall.
Only 2 hours from Melbourne s eastern suburbs, Balook feels like a world away a place of true serenity!
GST does apply to this property
The size of Balook is approximately 37.3 square kilometres. It has 3 parks covering nearly 78.9% of total area. The population of Balook in 2006 was 590 people. By 2011 the population was 477 showing a population decline of 19.2% in the area during that time. The predominant age group in Balook is 50-59 years. Households in Balook are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Balook work in a managers occupation. In 2006, 87.8% of the homes in Balook were owner-occupied compared with 87% in 2011..
Balook has 19 properties. Over the last 5 years, Houses in Balook have seen a 125.47% increase in median value, while Units have seen a 284.90% increase. As at 31 October 2024:
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