2964 Coast RoadBemm River VIC 3889
Property Details for 2964 Coast Rd, Bemm River
Last Listing description (December 2022)
The 'Blackwood' property is pure privacy and tranquility situated on the Bemm River in far East Gippsland.
'Blackwood' is the former 40 acre mill site with huge 25 x 25 metre shed with 3 phase power, also featuring a 2 bedroom home, 2 bedroom self contained caravan and annex with another 1 bedroom unit. Fantastic covered orchid and veggie gardens.
Plenty of grazing land for stock, plus steel stock yards. A huge amount of water storage with domestic water license. Numerous water points around the property for fire fighting. Beautifully maintained grounds in a stunning location. This rare property has been in the same family for over 30 years. Exclusive Bemm River frontage to enjoy. 5 hectare grazing license is available with the property.
Inspections strictly by appointment only.
Property History for 2964 Coast Rd, Bemm River, VIC 3889
- 26 May 2022Sold for $850,000
- 14 Feb 2022Listed for Sale $895,000
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0About Bemm River 3889
The size of Bemm River is approximately 271.9 square kilometres. It has 4 parks covering nearly 97.1% of total area. The population of Bemm River in 2011 was 288 people. By 2016 the population was 58 showing a population decline of 79.9% in the area during that time. The predominant age group in Bemm River is 70-79 years. Households in Bemm River are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Bemm River work in a trades occupation. In 2011, 82.3% of the homes in Bemm River were owner-occupied compared with 60% in 2016..
Bemm River has 146 properties. Over the last 5 years, Houses in Bemm River have seen a 44.80% increase in median value. As at 30 September 2024:
- The median value for Houses in Bemm River is $356,913 while the median value for Units is $382,837.
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