OFF MARKET

44 Wallaces Road
Barwon Downs VIC 3243

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 370975m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 44 Wallaces Rd, Barwon Downs

44 Wallaces Rd, Barwon Downs is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 370975m2.

Building Type
House
Land Size
370975m2
Local Government
Colac Otway
Lot/Plan
1/TP895063

Last Listing description (September 2024)

Your own piece of paradise. A rural retreat. A haven from the busy world. Whatever your motivation is it's hard to imagine a more picturesque , serene and alluring environment. Spread over 37.1 hectares ( 91.67 acres) of undulating land the original 50s home sits at the top of the hill surveying its domain of pastures , a winding river beyond and calming rural views. Wake up to the moo of the cows, bleet of the sheep or simply revel in the fact there is no noise at all. The home does need work but perhaps provides an excellent blank canvas to create something special. Alternatively you could start again in a location that maximises the brilliant views and northerly aspect. This property historically was a fully operational dairy but would no longer be viable. It does have a water lease allowing 11 megalitres to be pumped from the river per annum and a substantial dam to accommodate this crucial asset. If your looking for income then we anticipate 50-60 head of cattle could be run on the land perhaps more appropriately beef rather than its original use. Located in the rain belt of the Otways and only 17 kms to quaint Birregura, it is literally around the corner to Forrest (8kms) , also a thriving country town with its Brewery and specialty shops.
35 kms more and you're in the heart of Lorne regarded as Victoria's premier beach resort location. Come and discover how amazing this property is and perhaps more importantly how it makes you feel.

Property History for 44 Wallaces Rd, Barwon Downs, VIC 3243

A timeline of how this property has performed in the market
  • 14 May 2024
    Listed for Sale Not Disclosed
  • 12 Oct 2023
    Listed for Sale Not Disclosed
  • 10 Mar 2023
    Listed for Sale $1,590,000

Commute Calculator

About Barwon Downs 3243

The size of Barwon Downs is approximately 130 square kilometres. It has 2 parks covering nearly 102% of total area. The population of Barwon Downs in 2011 was 363 people. By 2016 the population was 135 showing a population decline of 62.8% in the area during that time. The predominant age group in Barwon Downs is 50-59 years. Households in Barwon Downs are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Barwon Downs work in a managers occupation. In 2011, 85.8% of the homes in Barwon Downs were owner-occupied compared with 88.1% in 2016.

Barwon Downs has 178 properties. Over the last 5 years, Houses in Barwon Downs have seen a 101.69% increase in median value, while Units have seen a -38.46% decrease. As at 31 October 2024:

  • The median value for Houses in Barwon Downs is $840,199 while the median value for Units is $413,409.
There are currently no properties listed for sale, and no properties listed for rent in Barwon downs on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Barwon downs.

Suburb Insights for Barwon Downs 3243

Market Insights
Barwon Downs Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Barwon Downs Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.