Located central to Leongatha & Korumburra on 6.5ac is this picture perfect country homestead with stunning uninterrupted rural views. The home itself features 4 bedrooms (or 3 + study), master with ensuite & large WIR, formal entrance, large open plan lounge room adjacent to the dining area & kitchen. The kitchen features elec cooking, dishwasher, large bench with breakfast bar, WI pantry + loads of storage. The home is kept comfortable with a beautiful SFH + RC/AC, secure access to the home via the 3-car garage under roof line, low maintenance gardens, large water storage tank & dam water for animals. The surrounding paddock is perfect for cattle, horses, or even lease out. The property is currently tenanted to 4th August 2021.
The size of Fairbank is approximately 6.6 square kilometres. The population of Fairbank in 2011 was 437 people. By 2016 the population was 35 showing a population decline of 92.0% in the area during that time. The predominant age group in Fairbank is 0-9 years. Households in Fairbank are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Fairbank work in a labourer occupation. In 2011, 80% of the homes in Fairbank were owner-occupied compared with 62.5% in 2016..
Fairbank has 19 properties. Over the last 5 years, Houses in Fairbank have seen a 115.16% increase in median value. As at 31 October 2024:
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