OFF MARKET

745 South Dreeite Road
Dreeite South VIC 3249

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 529330m2
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Property Details for 745 South Dreeite Rd, Dreeite South

Building Type
Rural
Land Size
529330m2
Local Government
Colac Otway
Lot/Plan
2/PS418578

Last Listing description (October 2024)

130.81 ACRES - LAKE VIEW - 52.94 HECTARES
ATTRACTIVE RICH WARM SOUTH DREEITE AREA
DELIGHTFUL LAKE CORANGAMITE OUTLOOK - PRODUCTIVE LOW-INPUT LAND

BEEF - DAIRY SUPPORT - PART LUCERNE/FODDER PRODUCTION - LIFESTYLE
- Quality, warm, healthy acreage providing an excellent balance of open arable lunette banks (ideal for Lucerne/fodder crops) and volcanic stone rises.
- Well-appointed shed (22 m x 10 m - power connected) incorporating a machinery storage area, lock-up workshop (concrete floor), and enviable office complex with a stunning outlook across Lake Corangamite.
- Steel cattle yards (crush), abundant quality water from two bores feeding troughs in all nine paddocks.
- Additional 20 acres of lake frontage lease land (subject to terms).

Property History for 745 South Dreeite Rd, Dreeite South, VIC 3249

A timeline of how this property has performed in the market
Last Sold
$395,000
27 Jul 2018
  • 25 Oct 2024
    Listed for Sale $1,180,000
  • 27 Jul 2018
    Sold for $395,000
  • 06 Jun 2018
    Listed for Sale Contact agent
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About Dreeite South 3249

The size of Dreeite South is approximately 16.5 square kilometres. The population of Dreeite South in 2011 was 278 people. By 2016 the population was 27 showing a population decline of 90.3% in the area during that time. The predominant age group in Dreeite South is 40-49 years. Households in Dreeite South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dreeite South work in a managers occupation. In 2006, 38.6% of the homes in Dreeite South were owner-occupied compared with 85.5% in 2011..

Dreeite South has 27 properties. Over the last 5 years, Units in Dreeite South have seen a -19.47% decrease in median value. As at 30 November 2024:

  • The median value for Houses in Dreeite South is $494,344 while the median value for Units is $408,977.
There are currently 1 property listed for sale, and no properties listed for rent in Dreeite south on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Dreeite south.

Suburb Insights for Dreeite South 3249

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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.