OFF MARKET

380/395 Colac-Lavers Hill Road
Barongarook VIC 3249

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 32132m2
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Property Details for 380/395 Colac-Lavers Hill Rd, Barongarook

Building Type
Rural
Land Size
32132m2
Local Government
Colac Otway

Last Listing description (October 2024)

7.94 ACRES - 2 LOTS - 3.21 HECTARES
Just 10 minutes from Colac CBD, nestled at the foothills of the Otways, an enticing opportunity awaits the discerning entrepreneur.

Lot A Facey's: Spanning 3.04 acres (1.231 Ha) at 380 Colac - Lavers Hill Road, Barongarook, this parcel boasts a pine plantation established in 1998, now a mature 26-year-old.

Lot B Yates: Encompassing 4.9 acres (2.023 Ha) at 395 Colac - Lavers Hill Road, Barongarook, this lot features a younger pine plantation, planted in 2018 and currently 6 years old, an ideal parcel of land for carbon offsetting (due diligence recommended) ideal build site S.T.C.A.

These two lots are offered as a whole, representing a unique opportunity not to be missed. Secure your investment in these plantation blocks now and reap the rewards in the years to come.

Property History for 380/395 Colac-Lavers Hill Rd, Barongarook, VIC 3249

A timeline of how this property has performed in the market
  • 11 Oct 2024
    Listed for Sale $410,000

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About Barongarook 3249

The size of Barongarook is approximately 43.3 square kilometres. It has 2 parks covering nearly 33.3% of total area. The population of Barongarook in 2011 was 461 people. By 2016 the population was 410 showing a population decline of 11.1% in the area during that time. The predominant age group in Barongarook is 50-59 years. Households in Barongarook are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Barongarook work in a community and personal service occupation. In 2011, 94.2% of the homes in Barongarook were owner-occupied compared with 91% in 2016..

Barongarook has 244 properties. Over the last 5 years, Houses in Barongarook have seen a 55.54% increase in median value. As at 31 October 2024:

  • The median value for Houses in Barongarook is $978,044 while the median value for Units is $463,045.
There are currently 1 property listed for sale, and no properties listed for rent in Barongarook on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Barongarook.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.