This 286.12 hectare (707 acres) expansive property is located 20 minutes to the west of Bairnsdale. It features a 3 stand shearing shed, stock and domestic bore, a good array of dams, cattle yards and 5 bay machinery shed.
Comprising of 16 paddocks, well suited for rotational grazing. This property is well sheltered throughout, currently being run as an agistment operation, however has the flexibility to accommodate cattle or sheep.
A comfortable 3 bedroom home with hardwood flooring, open fire heating, large lounge room and generous size bedrooms.
The size of Fernbank is approximately 120.5 square kilometres. It has 2 parks covering nearly 9.3% of total area. The population of Fernbank in 2011 was 390 people. By 2016 the population was 137 showing a population decline of 64.9% in the area during that time. The predominant age group in Fernbank is 50-59 years. Households in Fernbank are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Fernbank work in a labourer occupation. In 2011, 84.4% of the homes in Fernbank were owner-occupied compared with 85.7% in 2016..
Fernbank has 169 properties. Over the last 5 years, Houses in Fernbank have seen a 25.75% increase in median value, while Units have seen a 178.48% increase. As at 30 November 2024:
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