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540 Purrumbete Estate Road
Koallah VIC 3260

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5416018m2
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Property Details for 540 Purrumbete Estate Rd, Koallah

Building Type
Commercial
Land Size
5416018m2
Local Government
Corangamite
Lot/Plan
2003/PP3429

Last Listing description (January 2014)

Lake Frontage Caravan Park Leasehold - CRE Ref# 70470L
Established leasehold caravan park which caters for both tourists & annuals. A new 21 year D.S.E. lease.
The park comprises of approximately 166 sites including 102 annuals, 9 cabins, a 2 bedroom residence / kiosk, 2 amenities blocks & a camp kitchen.

Features extensive lake frontage to Lake Purrumbete & is adjacent to a boat ramp, jetty & anglers club. A fishermans paradise. Turnover circa $200,000 per annum with great improvement prospects.

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Property History for 540 Purrumbete Estate Rd, Koallah, VIC 3260

A timeline of how this property has performed in the market
  • 11 Jan 2014
    Listed for Sale OFFERS CONSIDERED
  • 01 Jun 2013
    Listed for Sale OFFERS CONSIDERED

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About Koallah 3260

The size of Koallah is approximately 15.5 square kilometres. It has 1 park covering nearly 32.7% of total area. The population of Koallah in 2011 was 191 people. By 2016 the population was 19 showing a population decline of 90.1% in the area during that time. The predominant age group in Koallah is 50-59 years. Households in Koallah are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Koallah work in a managers occupation. In 2011, 80.3% of the homes in Koallah were owner-occupied compared with 75% in 2016..

Koallah has 22 properties. Over the last 5 years, Houses in Koallah have seen a 38.77% increase in median value, while Units have seen a -15.83% decrease. As at 31 October 2024:

  • The median value for Houses in Koallah is $388,166 while the median value for Units is $316,090.
There are currently 1 property listed for sale, and no properties listed for rent in Koallah on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Koallah.

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