FIRST CLASS OTWAYS LOCATION – 10 MINUTES TO COLAC CBD
1 HR TO GEELONG – 2 HRS TO MELBOURNE – CLOSE TO GREAT OCEAN ROAD
200.72 Acres – “SPRING CREEK” – 81.23 Hectares
• A quality holding in the highly sought-after Barongarook district.
• Arable sandy loam soils with improved pastures and small pockets of mature tree areas.
• Exceptional home site (S.T.C.A) offering delightful rural views.
• Securely fenced into 19 main paddocks (plus holding), serviced by a central laneway.
• Timber stockyards. Watered via dam and springs plus double frontage to Spring Creek.
• Same family ownership since early 1900’s.
NOTE: The successful purchaser may have the possibility to purchase an adjoining 180 acre property.
The size of Barongarook West is approximately 49.4 square kilometres. It has 2 parks covering nearly 19.7% of total area. The population of Barongarook West in 2011 was 285 people. By 2016 the population was 226 showing a population decline of 20.7% in the area during that time. The predominant age group in Barongarook West is 50-59 years. Households in Barongarook West are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Barongarook West work in a trades occupation. In 2011, 86.2% of the homes in Barongarook West were owner-occupied compared with 85.4% in 2016..
Barongarook West has 165 properties. Over the last 5 years, Houses in Barongarook West have seen a 69.07% increase in median value. As at 30 November 2024:
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