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Located at Nyora within the South Gippsland Shire in an area known for its scenic beauty and as a prime grazing and dairy area, Loombrack Farm comprises 541 Acres (to 4 Titles).
The property offers a wonderful mix of cleared pastures and native hardwood bushland comprising of level to gently rising, to undulating and moderately steep pastures with stands and scatters of native hardwoods (to approximately 70 acres), and numerous water assets including a magnificent lake with a capacity of 60 megalitres. There are panoramic views to be had from many vantage points, particularly from the three residences located on the property.
The size of Nyora is approximately 79.7 square kilometres. It has 3 parks. The population of Nyora in 2011 was 1,332 people. By 2016 the population was 1,508 showing a population growth of 13.2% in the area during that time. The predominant age group in Nyora is 40-49 years. Households in Nyora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nyora work in a trades occupation. In 2011, 86.2% of the homes in Nyora were owner-occupied compared with 85.4% in 2016.
Nyora has 800 properties. Over the last 5 years, Houses in Nyora have seen a 99.27% increase in median value, while Units have seen a 105.00% increase. As at 31 October 2024:
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