OFF MARKET

885 Nerrena Road
Nerrena VIC 3953

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20072m2
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Property Details for 885 Nerrena Rd, Nerrena

Building Type
Land
Land Size
20072m2
Local Government
South Gippsland
Lot/Plan
1/PS505024

Last Listing description (August 2018)

43 gently rolling well fenced acres. Subdivided
into 8 paddocks with central laneways for ease of cattle handling. Improvements include huge shed complete with 1.6kv solar pak
plus wind generator,

lock-up machinery shed and selection of other smaller sheds. Water supply is good with plenty of catchment off sheds, plus gravity fed system from dam to troughs. Three dams in total, one spring fed. Excellent set of stockyards including head crush and loading race.
Two orchards on the property, one which is fully fenced and covered.
Just 8 kms from Leongatha township and on a sealed road, the position is ideal. Property
suitable for
cattle grazing,
turn-out paddock, orchard, viticulture or
horse stud.

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Property History for 885 Nerrena Rd, Nerrena, VIC 3953

A timeline of how this property has performed in the market
Last Transferred
02 Dec 2002
  • 10 Feb 2016
    Listed for Sale $460000
  • 02 Dec 2002
    Transferred

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About Nerrena 3953

The size of Nerrena is approximately 47.9 square kilometres. It has 3 parks. The population of Nerrena in 2011 was 532 people. By 2016 the population was 251 showing a population decline of 52.8% in the area during that time. The predominant age group in Nerrena is 60-69 years. Households in Nerrena are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nerrena work in a managers occupation. In 2011, 78.8% of the homes in Nerrena were owner-occupied compared with 75.6% in 2016..

Nerrena has 160 properties. Over the last 5 years, Houses in Nerrena have seen a 107.16% increase in median value, while Units have seen a 386.71% increase. As at 30 September 2024:

  • The median value for Houses in Nerrena is $1,178,020 while the median value for Units is $537,020.
There are currently 6 properties listed for sale, and no properties listed for rent in Nerrena on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Nerrena.

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