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Sold on 23 Nov 2023 - Price Unavailable

281 Loch-Poowong Road
Loch VIC 3945

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 40ha
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Property Details for 281 Loch-Poowong Rd, Loch

Building Type
Rural
Land Size
40ha
Local Government
South Gippsland
Lot/Plan
1/TP672847

Last Listing description (November 2023)

Loch one of Gippsland's most sought-after destinations.

We are pleased to present a truly exceptional opportunity to purchase approximately 40ha of top-quality grazing land, offering an enviable lifestyle in the sought-after Loch/South Gippsland region. Furthermore, an adjoining 40ha parcel is also available for acquisition, allowing for the creation of an expansive 80ha allotment.

The property boasts a range of notable features, including:

• 40ha min. requirement for a planning permit to build in a rural zone
• Well-suited for a variety of livestock, including cattle, sheep, horses, and more
• Potential home site area (subject to council approval) offering breathtaking panoramic views of the picturesque Loch Valley and Poowong District
• Diverse topography consisting of undulating and rolling hill country, providing scenic beauty and grazing opportunities
• Superb water supply from five dams, complemented by a substantial annual rainfall of approximately 40 inches, as well as a small winter creek
• Excellent fencing, ensuring secure boundaries for livestock management, with the property thoughtfully divided into seven well-maintained paddocks
• Convenient cattle and sheep yards, facilitating efficient handling and operations
• Multiple access points to the property, both from Loch Poowong Road and Frys Lane
• Tranquil treed gully area adorned with native vegetation and scattered gums, adding to the property's natural charm
• Proximity to essential amenities, with Loch and Poowong both reachable within a short 5-minute drive, while Melbourne CBD is approximately 1.5 hours away
• Notably, the adjoining property at 233 Loch-Poowong Rd is also available for purchase, presenting additional opportunities for expansion or investment

Opportunities to acquire land in this highly sought-after area are exceptionally rare. Contact Don Olden on 0417 805 312 or Katrina Griggs on 0428 571 083 for more information or to arrange an inspection of this property.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 281 Loch-Poowong Rd, Loch, VIC 3945

A timeline of how this property has performed in the market
Last Sold
23 Nov 2023
  • 28 Oct 2023
    Sold for $988,560
  • 08 Jun 2023
    Listed for Sale $1.3 Million
  • 04 Jun 2012
    Sold for $470,000
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About Loch 3945

The size of Loch is approximately 75.5 square kilometres. The population of Loch in 2011 was 967 people. By 2016 the population was 636 showing a population decline of 34.2% in the area during that time. The predominant age group in Loch is 50-59 years. Households in Loch are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Loch work in a managers occupation. In 2011, 83% of the homes in Loch were owner-occupied compared with 84.7% in 2016.

Loch has 413 properties. Over the last 5 years, Houses in Loch have seen a 87.60% increase in median value. As at 31 July 2024:

  • The median value for Houses in Loch is $771,709 while the median value for Units is $372,540.
There are currently 6 properties listed for sale, and no properties listed for rent in Loch on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Loch.

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Contact agent
Don Olden
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Katrina Griggs
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Elders Real Estate Leongatha/Korumburra
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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.