8 ACRES at 6 Albert Road, Loch. A unique and rare opportunity has presented itself to purchase a rural lifestyle property on the very edge of the renowned Loch Village with future subdivision potential (STCA).
An older weatherboard home, quality pastured land, town water and a very short walk to Loch's trendy cafes and boutique specialty stores. Within an hour to Melbourne's eastern suburbs and in the heart of South Gippsland's green rural surrounds.
Loch is central to major towns and services and is highly sought after as perfect place to enjoy all the benefits of small rural town and community.
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:
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