OFF MARKET

321 Sunny Point Road
Buchan VIC 3885

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 1625955m2
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Property Details for 321 Sunny Point Rd, Buchan

Building Type
Rural
Land Size
1625955m2
Local Government
East Gippsland
Lot/Plan
2/TP157416

Last Listing description (February 2021)

A unique, serenely tranquil, and magnificent holding of land, located in the tightly held valley of Buchan, "Sunny Point", is now genuinely on the market, and for sale by expressions of interest, with Harcourts Bairnsdale, closing on Monday the 14th of December 2020 at 5pm.

With excellent access in and out of the property via the Sunny Point Road, the property boasts approximately 400 acres of freehold land in total (162Ha), which is made up of approximately 60 acres of productive river flat, 170 acres of grazing hill country, and the balance of bush bordering the state forest. The Buchan River flows beside and through the property, giving approximately 2.5kms frontage to the river, with some excellent water holes in its course. There is a petrol driven pump harnessed on the river that pumps to a header tank and feeds several troughs on the property, and a spring currently flowing from one of the bush gullies.

The land is partially fenced, with predominantly new fencing along the river frontage, and has an older set of cattle yards needing some repair. There are some magnificent home sites on the property STCA, and some stunning district scenery from around the property. Ideally suited to agricultural livestock production, the property has other attributes that may attract a broader interest, given its ecology.

Expressions of Interest: EOI closes Monday the 14th of December 2020 at 5 pm.
Inspections for qualified buyers are strictly by appointment only.

All enquiry contact Michael Enever 0458272797.

"The vendor reserves the right to remove the property from the market, and / or sell the property at any time prior to the conclusion of the advertised EOI marketing campaign."

Property History for 321 Sunny Point Rd, Buchan, VIC 3885

A timeline of how this property has performed in the market
Last Sold
$1,100,000
23 Dec 2020
  • 23 Dec 2020
    Sold for $1,100,000
  • 16 Nov 2020
    Listed for Sale Contact Agent
  • 08 Apr 2009
    Sold for $379,000
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About Buchan 3885

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 285 properties. Over the last 5 years, Houses in Buchan have seen a 119.64% increase in median value. As at 30 September 2024:

  • The median value for Houses in Buchan is $334,855 while the median value for Units is $280,259.
There are currently 3 properties listed for sale, and no properties listed for rent in Buchan on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Buchan.

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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.