This fantastic block offers a range of views from rural to stunning ocean views and across to the city of Warrnambool. The 3 acre block is located on the high side on Douglas lane providing buyers with the opportunity to have a peaceful country setting, yet with the conveniences of towns close at hand.
The added bonus of a 12mx9m colorbond shed with power connected and 2x37,000 litre , 1x 9000 litre rain water tanks and good boundary fencing plus entry gate. There is an approved planning permit for a dwelling which expires Feb 2020.
Located close to Tower Hill Nature Reserve, Killarney Beach, Koroit, Warrnambool and Port Fairy which are all within 15minutes drive.
The size of Illowa is approximately 20.8 square kilometres. It has 1 park. The population of Illowa in 2011 was 353 people. By 2016 the population was 313 showing a population decline of 11.3% in the area during that time. The predominant age group in Illowa is 40-49 years. Households in Illowa are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Illowa work in a trades occupation. In 2011, 89.6% of the homes in Illowa were owner-occupied compared with 86.3% in 2016..
Illowa has 165 properties. Over the last 5 years, Houses in Illowa have seen a 58.39% increase in median value. As at 31 July 2024:
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