OFF MARKET

632-650 Lake Road
Connewarre VIC 3227

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 135m2
Land area: 244100m2
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Property Details for 632-650 Lake Rd, Connewarre

Building Type
Land
Year Built
1980
Floor Size
135m2
Land Size
244100m2
Local Government
Greater Geelong
Lot/Plan
C~12/PP2421

Last Listing description (June 2024)

An exceptional opportunity has arisen to own a unique 60-acre landholding in a prime location on the Surf Coast, located between Barwon Heads and Torquay, and in proximity to the stunning 13th beach. The delightful township of Connewarre, which is centrally located just over an hour's drive from Melbourne CBD and a 20-minute drive to Geelong, adds to the property's charm. The expansive property is expected to attract high demand due to its enviable size and location, so seize this chance to secure it now.

The property's versatility makes it ideal for various purposes, such as hobby farming, land banking, or as an investment opportunity for entrepreneurs or dog breeders. With an existing 80-dog license, the property has previously operated as a successful kennel business. The property offers ample space to build your dream home, which could feature panoramic country views and potential bay views.

This property is also perfect for farmers and horse owners, with vast grazing areas, paddocks, and three dams. Additionally, a four-bedroom home with a sunroom, spacious family room, modest bathroom, and compact kitchen is already on-site and can be renovated to your liking.

This outstanding property offers the best of both country and coastal living, with endless opportunities for long-term capital growth in a highly sought-after area of the Surf Coast. Whether you're interested in a hobby farm, land banking, or building your dream home in a picturesque location, this property is a rare opportunity that you do not want to miss.

Property History for 632-650 Lake Rd, Connewarre, VIC 3227

A timeline of how this property has performed in the market
Last Sold
$2,725,000
12 Jul 2023
  • 12 Jul 2023
    Sold for $2,725,000
  • 25 Jan 2023
    Listed for Sale Contact Agent
  • 25 Oct 2005
    Sold for $1,375,000
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About Connewarre 3227

The size of Connewarre is approximately 64.3 square kilometres. It has 10 parks covering nearly 37.7% of total area. The population of Connewarre in 2011 was 443 people. By 2016 the population was 789 showing a population growth of 78.1% in the area during that time. The predominant age group in Connewarre is 60-69 years. Households in Connewarre are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Connewarre work in a professional occupation. In 2011, 78.3% of the homes in Connewarre were owner-occupied compared with 87.9% in 2016.

Connewarre has 677 properties. Over the last 5 years, Houses in Connewarre have seen a 42.54% increase in median value, while Units have seen a 8.13% increase. As at 31 October 2024:

  • The median value for Houses in Connewarre is $1,755,027 while the median value for Units is $768,544.
There are currently 11 properties listed for sale, and no properties listed for rent in Connewarre on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Connewarre.

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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.