Not often does an opportunity, or project, like this property come along. This old home has a long history in the high-country township of Benambra, located in East Gippsland, Victoria, and could be just the combination someone has been looking for, serving two purposes, either as a getaway, and or a renovation project in the one package. Alternately this could be the opportunity to enter the property market and own your own home, leaving the rental market behind.
The home has a central hallway from the front door to the back door, four bedrooms, one with a covered fireplace, a lounge room with wood heater and reverse cycle air conditioner, bathroom with toilet and shower over the bath, a kitchen with electric oven and old combustion stove, the wash house laundry is out the back with the old double trough and wood fired wash tub, however the benefit of instant gas hot water, from bottled gas, is attached to the home now.
High ceilings are a feature throughout the home, as well as the uneven floors! Needless to say, it would benefit from re stumping as part of an overall renovation and freshen up. The guttering appears to be in good order, as well as some roofing replaced over the back porch and wash house. The home is on mains electricity, tank water, and septic system. There are two old out buildings on the grounds with the total land area being approximately 1594 sqm.
The size of Benambra is approximately 763.1 square kilometres. It has 2 parks covering nearly 69.9% of total area. The population of Benambra in 2011 was 250 people. By 2016 the population was 150 showing a population decline of 40.0% in the area during that time. The predominant age group in Benambra is 60-69 years. Households in Benambra are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Benambra work in a managers occupation. In 2011, 78.5% of the homes in Benambra were owner-occupied compared with 78.4% in 2016..
Benambra has 473 properties. Over the last 5 years, Houses in Benambra have seen a 41.26% increase in median value, while Units have seen a 500.06% increase. As at 31 October 2024:
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