SOLD
Sold on 29 Aug 2024 for $440,000

1525 Nerrena Road
Dumbalk VIC 3956

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 234718m2
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Sold By
Alex Scott & Staff Leongatha
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Property Details for 1525 Nerrena Rd, Dumbalk

Building Type
Commercial
Land Size
234718m2
Local Government
South Gippsland
Lot/Plan
1/TP244886

Last Listing description (September 2024)

Located in the beautiful and highly productive hills of South Gippsland, just minutes' drive from Dumbalk and central to the main towns of Leongatha and Meeniyan is this 58 acres (approx.) grazing parcel.
The property has two sealed road frontages with one driveway into the stockyards and loading race area and a second into a beautiful camping (STCA) area with a running creek line, shed and POWER! It is very rare to find a parcel of this size with power connected, well here it is!
The property is watered by two dams and has a semi-permanent creek line. Currently set up to run sheep and could easily run beef cattle!

It is a scenic block this one and would be perfect to head down to on the weekend and get the kids outside!
If you want to enjoy the block but not run the cattle, we can find you a local farmer to lease the land back from you.
For more details, call the Alex Scott & Staff team in Leongatha today on 5662 0922
Andrew Newton 0402 940 320
Emily Clifford 0422 622 299
Tony Giles 0407 528 192
Dan Huther 0418 334 801

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

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Property History for 1525 Nerrena Rd, Dumbalk, VIC 3956

A timeline of how this property has performed in the market
Last Sold
$440,000
29 Aug 2024
  • 29 Aug 2024
    Sold for $440,000
  • 10 May 2024
    Listed for Sale $464,000
  • 21 May 2018
    Sold for $235,000
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About Dumbalk 3956

The size of Dumbalk is approximately 52.6 square kilometres. The population of Dumbalk in 2011 was 409 people. By 2016 the population was 387 showing a population decline of 5.4% in the area during that time. The predominant age group in Dumbalk is 60-69 years. Households in Dumbalk are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dumbalk work in a managers occupation. In 2011, 87.9% of the homes in Dumbalk were owner-occupied compared with 86.6% in 2016.

Dumbalk has 252 properties. Over the last 5 years, Houses in Dumbalk have seen a 148.66% increase in median value. As at 31 October 2024:

  • The median value for Houses in Dumbalk is $646,606 while the median value for Units is $441,614.
There are currently 4 properties listed for sale, and no properties listed for rent in Dumbalk on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Dumbalk.

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