OFF MARKET

269 Illowa Road
Illowa VIC 3282

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 11000m2
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Last updated 30 Sep 2024
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Property Details for 269 Illowa Rd, Illowa

269 Illowa Rd, Illowa is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 11000m2. While the property is not currently for sale or for rent, it was last transferred in November 2023.

Building Type
House
Land Size
11000m2
Local Government
Moyne
Lot/Plan
1/LP128432

Last Listing description (November 2023)

Phone enquiries - please quote property ID 25373.

The location is everything for the person who wants it.

This is an amazing holiday escape or retirement opportunity with views across rolling green hills and coastal sea views to Port Fairy lighthouse: far from the city noise but only five minutes drive to the nearest supermarket.

Situated just 10 minutes from Warrnambool City Centre, Illowa road was once part of the famous Great Ocean Road, Princes Highway, but is now a quiet sealed road with only occasional local farm traffic.

This property of just over one acre, nestled between two grazing properties, has been lovingly developed with an ornamental dam, filled from a bore into a created waterfall and artificial creek that runs through a planted semi-forest area.

The serenity and rarity of the location alone is worth the price, but there is a uniquely designed energy-efficient house with two bedrooms, upstairs sitting room, a balcony overlooking surrounding rural landscapes. An attached sunroom links the main house to an independent visitor area with a separate bedroom, shower, toilet and large kitchen/laundry area..... through to the double car garage.

A composite decking skirts the house and sunroom on the west. All glass areas are protected with electric roller shutters that can be lowered as required for sun, wind, or security.

On the other end of the property is a large 10 x 6 meter workshop - incorporating a separate fully insulated office/recording studio.

There is also a 6 x 3 machinery store shed, with an attached kennel, and another versatile birdcage/poultry pen that can be used for multiple purposes.

The property is currently off-grid solar and wind powered, with a 1000AH battery bank, but has been designed so that grid power can be optionally added. (For a prospective buyer, grid connection could be negotiated as part of the settlement).

The current owners are a retired couple with no urgent intention of vacating this well-loved property, but for the right person and the right price, this couple could be incentivised to consider an earlier-than-planned transition.

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.

Property History for 269 Illowa Rd, Illowa, VIC 3282

A timeline of how this property has performed in the market
Last Transferred
30 Nov 2023
  • 30 Nov 2023
    Transferred
  • 23 Aug 2023
    Listed for Sale $1.6M (reduced from 2M - Negotiable) Unique Site
  • 31 May 2021
    Listed for Sale $1.6M (reduced from 2M - Negotiable) Unique Site
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About Illowa 3282

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 46.00% increase in median value. As at 30 September 2024:

  • The median value for Houses in Illowa is $1,001,601 while the median value for Units is $535,472.
There are currently 5 properties listed for sale, and no properties listed for rent in Illowa on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Illowa.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.