32 Main Rd, Buchan is a 3 bedroom, 1 bathroom House. The property has a land size of 737m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Here is a fantastic opportunity to secure a foothold in the iconic township of Buchan, in East Gippsland. Set on approximately 730 square meters of land is this weather board home with aluminium window frames and corrugate roof. It consists of three generous sized bedrooms, one bathroom, with the shower over a bath, and has a large kitchen area, lounge and laundry. The home has carpet in the lounge and bedrooms, and heating and cooling is taken care of by a reverse cycle air conditioner, and there is a free-standing wood heater as well.
There is a veranda at the front of the home, and it has an elevated deck area to the rear capturing the district views. There are two small out buildings in the rear yard of the property with one containing a second toilet.
Being in the town, it is ideal for utilising the services of the local businesses, as it is only a short walk up the road to the local road house caf , or over the road to the Buchan Caves Hotel, or post office and general store. This could be an ideal base for weekend getaways, or a low entry investment for rental opportunity's, or even an ideal first home, or retirement pad. The options are there.
The size of Buchan is approximately 429.6 square kilometres. It has 5 parks covering nearly 88.6% of total area. The population of Buchan in 2011 was 386 people. By 2016 the population was 226 showing a population decline of 41.5% in the area during that time. The predominant age group in Buchan is 50-59 years. Households in Buchan are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Buchan work in a managers occupation. In 2011, 78.8% of the homes in Buchan were owner-occupied compared with 77.9% in 2016..
Buchan has 287 properties. Over the last 5 years, Houses in Buchan have seen a 119.91% increase in median value. As at 31 October 2024:
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