OFF MARKET

344 Ryans Road
Coongulla VIC 3860

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 248800m2
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Property Details for 344 Ryans Rd, Coongulla

Building Type
Rural
Land Size
248800m2
Local Government
Wellington
Lot/Plan
CP157762

Last Listing description (May 2023)

This lovely property located right next to the township of Coongulla and overlooking Lake Glenmaggie is indeed a rare find. With options both for leisure activities close by and scope to transform the land into a variety of uses.

Land size is 24.88 hectares, or 61.4 acres approximately mostly cleared to pasture with small areas of trees and has a tranquil, natural feel.
A feature is the magnificent views of Lake Glenmaggie and surrounding scenery available from the elevated points.

4 large dams on the property would give the new owner the option to use this stored water for any number of things. Trees, vines, herbs, flowers, the possibilities are endless. Or if its grazing or horses, it's perfect for that too.
On the leisure side, its only 2 minutes to the boat ramp for water sports or fishing on the lake and the Victorian Alps is right on your back door.

The vendors have had a family connection to the property for over 60 years and are hoping the new owners get as much enjoyment from it as they have.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 344 Ryans Rd, Coongulla, VIC 3860

A timeline of how this property has performed in the market
Last Sold
$95,000
13 Sep 2002
  • 08 Dec 2022
    Listed for Sale $625,000
  • 13 Sep 2002
    Sold for $95,000
  • 25 Sep 1995
    Sold for $176,000

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About Coongulla 3860

The size of Coongulla is approximately 32.5 square kilometres. It has 1 park covering nearly 41.1% of total area. The population of Coongulla in 2011 was 297 people. By 2016 the population was 166 showing a population decline of 44.1% in the area during that time. The predominant age group in Coongulla is 60-69 years. Households in Coongulla are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Coongulla work in a trades occupation. In 2011, 80.3% of the homes in Coongulla were owner-occupied compared with 80.8% in 2016.

Coongulla has 392 properties. Over the last 5 years, Houses in Coongulla have seen a 45.97% increase in median value. As at 31 October 2024:

  • The median value for Houses in Coongulla is $395,033 while the median value for Units is $309,396.
There are currently 1 property listed for sale, and no properties listed for rent in Coongulla on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Coongulla.

Suburb Insights for Coongulla 3860

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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.