OFF MARKET

5/20A Marlo Road
Marlo VIC 3888

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1002m2
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Property Details for 5/20a Marlo Rd, Marlo

Building Type
Land
Land Size
1002m2
Local Government
East Gippsland

Last Listing description (November 2023)

Located at the entrance to the seaside town of Marlo in beautiful East Gippsland, is the Snowy River Estate. The estate consists of 14 lots ranging in size from 900 to 2640 m2. Lot 5 is a massive quarter of an acre (1002 m2) flat block to the Northern side of the estate. The estate has all services available including NBN, underground power, town water and mains sewer. With such a generous block size there's plenty of space for a shed, gardens and for children or pets to play.

The estate adjoins bushland at the rear where there is an extensive walking track network. There's plenty of open space in the estate as well with a reserve of nearly half an acre providing direct access to the walking track. The reserve will be a great spot to have a kick of the footy or a game of cricket with the children or grandchildren. The famous Marlo Hotel, river, jetty and public boat ramp are just a short stroll away.

Marlo is a great place for water sports. The children will enjoy swimming in the estuary or a dip at one of the nearby surf beaches. Alternatively drop the boat or jet-ski in at one of the many local boat ramps for a bit of exploring, water-skiing or wakeboarding. Fishing is what the Marlo area is famous for though! The estuary is a great place to land a large Bream or Flathead, you can fish the surf beaches for Salmon, Tailor and Gummy Shark or launch the big boat at Cape Conran and head offshore to catch a variety of deep-water species. For those that enjoy getting out and about on foot or by bike, there are plenty of great tracks and unspoilt beaches to explore.

For basic supplies, medical services and schooling, the town of Orbost is a mere 15 minutes' drive. The major rural hub of Bairnsdale is a little over an hour away where there are all the major supermarkets, Bunnings, Mitre 10, K-Hub, Harvey Norman, Betta Electrical and a host of other specialty stores and industrial services.

Construction is about to start and titles are expected to be issued in late 2023. Secure your lot today with just a 10% deposit and start planning your dream home in this idyllic part of Victoria. Please contact Richard Ivey on 0401 113 310 or Matt Byrne on 0410 681 323 for more information.

Property History for 5/20a Marlo Rd, Marlo, VIC 3888

A timeline of how this property has performed in the market
  • 19 Dec 2022
    Listed for Sale $269,000

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About Marlo 3888

The size of Marlo is approximately 134.4 square kilometres. It has 7 parks covering nearly 85.5% of total area. The population of Marlo in 2011 was 678 people. By 2016 the population was 551 showing a population decline of 18.7% in the area during that time. The predominant age group in Marlo is 50-59 years. Households in Marlo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marlo work in a professional occupation. In 2011, 78.1% of the homes in Marlo were owner-occupied compared with 82.2% in 2016.

Marlo has 647 properties. Over the last 5 years, Houses in Marlo have seen a 56.70% increase in median value, while Units have seen a 82.86% increase. As at 31 October 2024:

  • The median value for Houses in Marlo is $462,560 while the median value for Units is $351,517.
  • Houses have a median rent of $500.
There are currently 7 properties listed for sale, and no properties listed for rent in Marlo on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Marlo.

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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.