SOLD
Sold on 19 Apr 2024 for $1,462,500

394 South Road
Loch VIC 3945

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 655592m2
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Property Details for 394 South Rd, Loch

Building Type
Rural
Land Size
655592m2
Local Government
South Gippsland
Lot/Plan
2/TP131156

Last Listing description (July 2024)

162-acres of superb quality grazing land situated in the heart of the highly renowned Loch-Poowong district of South Gippsland. Ideally suited to cattle fattening or breeding, dairy turnout or create your perfect lifestyle-grazing package.

Key features of the property include:

Superb balance of river flats, gently undulating and undulating country

Heavy carrying 'Bluegum' country

Sealed road access on 3 boundaries

5 dams & troughs supported by a reliable 40-inch plus annual rainfall

Home site with magnificent views

Bass river frontage

Power connected

Hayshed & stockyards

Fenced to 11 paddocks

3 titles

Poowong approx. 3km, Loch approx. 5km, Korumburra approx.13km & Melbourne CBD 1 hours

Properties of this quality in such a renowned and tightly held district rarely come onto the market. Don't miss this opportunity. For further information or to inspect the property, please contact Don Olden on 0417 805 312 or Katrina Griggs on 0428 571 083.

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

Property History for 394 South Rd, Loch, VIC 3945

A timeline of how this property has performed in the market
Last Sold
$1,462,500
19 Apr 2024
  • 19 Apr 2024
    Sold for $1,462,500
  • 19 Apr 2024
    Sold for $562,500
  • 28 Feb 2024
    Listed for Sale SOLD
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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 417 properties. Over the last 5 years, Houses in Loch have seen a 120.58% increase in median value. As at 30 November 2024:

  • The median value for Houses in Loch is $819,959 while the median value for Units is $347,844.
There are currently 10 properties listed for sale, and no properties listed for rent in Loch on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Loch.

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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.