389 Morwell River East Branch RoadBudgeree VIC 3870
Property Details for 389 Morwell River East Branch Rd, Budgeree
Last Listing description (February 2024)
Privately nestled in the breathtaking countryside of Budgeree, this tranquil bush block spans over 59 acres and is beckoning to be discovered by those seeking solitude amongst nature.
Bordered by the magnificent Morwell River East Branch for over 500m along the Southern Boundary, this incredible allotment is perfect for keen anglers, nature lovers, or those simply wishing to escape the hustle and bustle. Zoned farming, we encourage you to make the relevant enquiries via Latrobe Shire Council.
With a caravan and attached shedding on-site offering scope for future improvement this is the perfect opportunity, for those in search for an off-grid weekender as there are minimal services available.
With a gas hot water system, kitchenette, two toilets, cosy wood fire and two water tanks connected this is a great recreation block to relax under the stars, toast marshmallows by a campfire and reconnect with family and friends.
Predominantly natural bush, the undulating to steep terrain of the property provides incredible vistas in every direction. Four small, interlinked paddocks are currently home to a couple of very happy sheep, this clear pocket of pasture supplying the perfect blank canvas for anyone with a love of camping, hobby farming, or outdoor recreation.
Additional shedding and an established orchard flaunting an avocado tree, olives, and a variety of stone fruit, citrus and nut trees complete this unspoilt getaway.
If you're ready to immerse yourself in nature and enjoy the visiting wildlife, call us today to know more. This serene parcel is our best kept secret! Inspection is highly recommended and strictly via appointment with the selling agents.
Property History for 389 Morwell River East Branch Rd, Budgeree, VIC 3870
- 11 Jan 2024Sold for $335,000
- 25 Dec 2023Listed for Sale $370,000
- 27 Nov 2002Sold for $53,000
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About Budgeree 3870
The size of Budgeree is approximately 44 square kilometres. It has 1 park covering nearly 27.2% of total area. The population of Budgeree in 2011 was 348 people. By 2016 the population was 129 showing a population decline of 62.9% in the area during that time. The predominant age group in Budgeree is 10-19 years. Households in Budgeree are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Budgeree work in a clerical occupation. In 2011, 90.8% of the homes in Budgeree were owner-occupied compared with 72.7% in 2016..
Budgeree has 87 properties. Over the last 5 years, Houses in Budgeree have seen a 14.89% increase in median value. As at 31 October 2024:
- The median value for Houses in Budgeree is $852,417.
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