16 Otooles Lane, Illowa is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 20674m2 and floor size of 280m2. While the property is not currently for sale or for rent, it was last sold in July 2017.
A golden opportunity exists for buyers looking for a fantastic lifestyle property that boasts size, space and location. Situated on approximately 5.5 acres in the ever popular location of Illowa only a short 5 minute drive to Warrnambool, this large family home has some striking features including a large open plan kitchen/dining/living area with plenty of room for the whole family. The master bedroom sits at the northern end of the home for comfort and privacy and includes a large ensuite. The southern end of the home is designed for children and guests with a large separate living area, 3 more bedrooms with BIR's, main bathroom, plus a study/office perfect for somebody running a home business. There is an oversized double garage with internal access that also adjoins the large undercover entertaining space. The property is well fenced and split into paddocks perfect for horses etc. This is a must see property with too many features to list, disregard previous marketing the owners are committed to sale!
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 163 properties. Over the last 5 years, Houses in Illowa have seen a 55.91% increase in median value. As at 31 October 2024:
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