OFF MARKET

5620A Buchan-Orbost Road
Buchan VIC 3885

Bedrooms: 3
Bathrooms: 4
Car spaces: 2
Land area: 1006m2
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Property Details for 5620a Buchan-Orbost Rd, Buchan

Building Type
Rural
Land Size
1006m2
Local Government
East Gippsland
Lot/Plan
1/LP118846

Last Listing description (October 2014)

OPTIONS APLENTY
SET ON ONE ACRE AND ON THREE TITLES, THIS UNIQUE PROPERTY OFFERS 2 X 2 BEDROOM UNITS AND 1 X 1 BEDROOM UNIT AS WELL AS ONE MOTEL STYLE UNIT - ALL CURRENTLY OCCUPIED WITH TERRIFIC RETURNS. IDEALLY SUITED FOR THOSE WHO AREA DOWNSIZING OR A RETIRED FARMER WHO WOULD LIVE IN ONE UNIT & THE OTHERS WOULD PAY FOR THEMSELVES. LOW MAINTENANCE GROUNDS MAKE THE UPKEEP MINIMAL. OPEN 7 DAYS.

Property History for 5620a Buchan-Orbost Rd, Buchan, VIC 3885

A timeline of how this property has performed in the market
Last Sold
$237,500
08 Jul 2021
  • 08 Jul 2021
    Sold for $237,500
  • 03 Nov 2014
    Sold for $340,000
  • 03 Oct 2014
    Listed for Sale $349,000
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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 288 properties. Over the last 5 years, Houses in Buchan have seen a 119.91% increase in median value. As at 31 October 2024:

  • The median value for Houses in Buchan is $335,278 while the median value for Units is $349,531.
There are currently 3 properties listed for sale, and no properties listed for rent in Buchan on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Buchan.

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