This stunning holding of 26 acres plus 5 acres of river lease and large modern home is ideally positioned beside the Koonwarra recreation reserve and the popular rail trail.
The property consists of 7 paddocks of fertile river flats ideal for a horse lover or grazing.
The property is boarded by the Tarwin River and also has a natural wet land area that attracts native water birds all year round. The home has recently had a major renovation; the new kitchen has stone bench tops, heaps of drawers and storage space. There are five large bedrooms with the new master having a large ensuite and W.I.R. A huge living area is centrally positioned and allows direct access onto the covered outdoor entertaining area which has a great outlook over the surrounding countryside. Other features include a carport with direct covered access to the house, double garage or workshop, shed suitable for stables or storage, 20,000 gallon water tank, orchard, vege gardens and chook sheds. This property ticks a lot of boxes, ideally situated and well priced.
The size of Koonwarra is approximately 38.2 square kilometres. The population of Koonwarra in 2011 was 384 people. By 2016 the population was 390 showing a population growth of 1.6% in the area during that time. The predominant age group in Koonwarra is 50-59 years. Households in Koonwarra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Koonwarra work in a managers occupation. In 2011, 91.8% of the homes in Koonwarra were owner-occupied compared with 94.9% in 2016..
Koonwarra has 221 properties. Over the last 5 years, Houses in Koonwarra have seen a 82.43% increase in median value, while Units have seen a -57.19% decrease. As at 31 October 2024:
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