13 Lower Dargo RoadDargo VIC 3862
Property Details for 13 Lower Dargo Rd, Dargo
Last Listing description (May 2021)
Nestled in the foothills of the Victorian High Country & Dargo High Plains, the Dargo River Inn and Tourist Park sits on the former timber mill site in the idyllic high country township of Dargo. After the closing of the timber mill in the early 1980's, the Dargo River Inn & Tourist Park formerly known as the Dargo Mill Tavern originally established in the early 1990's. The Dargo River Inn offers accommodation/powered sites/camping all year round together with the hotel, which is known for their functions and events that are held onsite.
Offered for sale is the freehold and business which provides an exceptional lifestyle business opportunity in one of Victoria's iconic high country townships. The area of Dargo and surrounds is inundated by an increasing number of tourists every year including 4WD's, motorbike riders, camper trailers/caravans, fishing and deer hunting groups, etc.
The key features of the Dargo River Inn are:
- Large beer garden ideally set up for entertaining/weddings/music festivals/functions
- Four self-contained cabins sleeping up to 40 people
- One bunk style cabin sleeping 12 people
- Renovated four bedroom, two bathroom plus office residence
- Residence large shedding
- 20 x powered sites and 3 acres approximately of un-powered camping area
- All situated on 6 incredible acres (approximately)
**Business can be purchased separately**
Property History for 13 Lower Dargo Rd, Dargo, VIC 3862
- 30 Nov 2021Sold for $920,000
- 20 Feb 2018Listed for Sale Not Disclosed
- 14 Jan 2015Sold for $625,000
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0About Dargo 3862
The size of Dargo is approximately 998.4 square kilometres. It has 5 parks covering nearly 58.9% of total area. The population of Dargo in 2011 was 146 people. By 2016 the population was 72 showing a population decline of 50.7% in the area during that time. The predominant age group in Dargo is 60-69 years. Households in Dargo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dargo work in a managers occupation. In 2011, 80.9% of the homes in Dargo were owner-occupied compared with 80.4% in 2016..
Dargo has 230 properties. Over the last 5 years, Houses in Dargo have seen a 69.88% increase in median value, while Units have seen a 54.34% increase. As at 31 October 2024:
- The median value for Houses in Dargo is $643,844 while the median value for Units is $205,604.
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