OFF MARKET

2964 Coast Road
Bemm River VIC 3889

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 168526m2
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Property Details for 2964 Coast Rd, Bemm River

Building Type
Land
Land Size
168526m2
Local Government
East Gippsland
Lot/Plan
3~A/PP2112

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

A timeline of how this property has performed in the market
Last Sold
$850,000
26 May 2022
  • 26 May 2022
    Sold for $850,000
  • 14 Feb 2022
    Listed for Sale $895,000

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About 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 45.78% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bemm River is $353,198 while the median value for Units is $308,141.
There are currently 2 properties listed for sale, and no properties listed for rent in Bemm river on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Bemm river.

Suburb Insights for Bemm River 3889

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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.