Set on 800 undulating acres in the heart of the magnificent Otways is this wonderful property featuring approx 50% grazing land and 50% native bush (stringy bark, manna gum and black wood forest), this unique property offers a perfect blend of lifestyle and income-producing opportunity. The property is bounded by State Forest to the south-west.
Located in Chapple Vale - 40 minutes to Colac, 90 minutes to Geelong, 2 1/4 hours to Melbourne, 80 minutes to Warrnambool and only 12 km to the Great Ocean Road. Ample water supply, with 4 km of permanent flowing creek frontage, huge (40 ML approx) dam plus 8 smaller dams throughout the property and an average annual rainfall over the last 17 years of 935 mm. The 40 y/o house is a solid brick 4 bedroom home with large kitchen and spacious lounge room with wood heater plus split system. Main has ensuite and WIR. There are solar panels plus mains electricity.
Ample scope to seriously pursue the farming aspect and potential for improvement across the property, and/ or simply appreciate the wildlife and natural beauty and serenity.
The size of Chapple Vale is approximately 75.1 square kilometres. It has 4 parks covering nearly 116.1% of total area. The population of Chapple Vale in 2011 was 479 people. By 2016 the population was 18 showing a population decline of 96.2% in the area during that time. The predominant age group in Chapple Vale is 0-9 years. Households in Chapple Vale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chapple Vale work in a managers occupation. In 2011, 78.3% of the homes in Chapple Vale were owner-occupied compared with 66.7% in 2016..
Chapple Vale has 61 properties. As at 31 August 2024:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.