620 Fernbank-Glenaladale Rd, Fernbank is a 4 bedroom, 2 bathroom House and was built in 2022. The property has a land size of 359700m2 and floor size of 226m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
Situated within the quiet township of Fernbank, and positioned in the middle of all the beauty that East Gippsland has to offer, this great rural block comprises approximately 85 acres of land to call your own. Located on the block is an established Colorbond shed lined and fitted out as the ultimate weekender with power connected, a water tank and additional storage shed.
Water to the land is provided via four dams to the paddocks and fencing is in good order having been improved over the years. Whether its building your dream home (STCA), grazing cattle or using this property as your weekend escape - the opportunities are endless for this block!
Inspections by appointment only.
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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