OFF MARKET

540 Victoria Falls Road
Cobungra VIC 3898

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 200578m2
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Property Details for 540 Victoria Falls Rd, Cobungra

Building Type
Land
Land Size
200578m2
Local Government
East Gippsland
Lot/Plan
18A/PP2273

Last Listing description (October 2021)

Set in the heart of Victoria's High Country this slice of rugged Australian bush is waiting for its next custodian. At 900m overlooking Victoria Falls the views are spectacular. The river frontage and nature habitat together with its proximity to the ski fields in Mount Hotham and the mountain bike trails in Dinner Plain and Omeo make it the perfect base for an outdoor adventure and nature lover.

The 18.27ha are covered by a Trust for Nature covenant with a Domestic Area of 0.74ha allocated for a dwelling STCA. The covenant provides the new owner with 2 years of income, totaling approx $75,000, from Sale of Offsets (conditions apply). The domestic area is located toward the north of the block and accessed directly off Victoria Falls Rd.

For further information or to arrange an inspection please contact Poly Kay on 0407 765 952.

Disclaimer:
While we have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by the Vendor and other sources. Zirky Real Estate accepts no responsibility for direct, indirect, incidental or consequential damages resulting from any errors, inaccuracies or omission. We strongly advise all interested parties to obtain independent advice and make their own inquiry before proceeding.

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Property History for 540 Victoria Falls Rd, Cobungra, VIC 3898

A timeline of how this property has performed in the market
Last Sold
$251,000
05 Aug 2021
  • 06 Oct 2021
    Listed for Sale UNDER CONTRACT
  • 05 Aug 2021
    Sold for $251,000
  • 04 Jul 2021
    Listed for Sale UNDER CONTRACT
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About Cobungra 3898

The size of Cobungra is approximately 182.4 square kilometres. It has 3 parks covering nearly 98.1% of total area. The population of Cobungra in 2011 was 488 people. By 2016 the population was 43 showing a population decline of 91.2% in the area during that time. The predominant age group in Cobungra is 0-9 years. Households in Cobungra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobungra work in a labourer occupation. In 2011, 69.6% of the homes in Cobungra were owner-occupied compared with 64.3% in 2016..

Cobungra has 88 properties. Over the last 5 years, Houses in Cobungra have seen a 159.62% increase in median value. As at 30 November 2024:

  • The median value for Houses in Cobungra is $681,001 while the median value for Units is $247,546.
There are currently no properties listed for sale, and no properties listed for rent in Cobungra on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Cobungra.

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