OFF MARKET

11 Bingo Connection Road
Omeo VIC 3898

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 177700m2
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Property Details for 11 Bingo Connection Rd, Omeo

Building Type
Rural
Land Size
177700m2
Local Government
East Gippsland
Lot/Plan
3~10/PP2151

Last Listing description (October 2024)

In the renowned and tightly held farming area of the Omeo Valley in East Gippsland there is now an opportunity to secure a medium acreage property comprising of *forty-four acres of open and arable grazing land boasting a new *twelve by ten meter color bond shed with two thirds lock up with concrete floor, and the property is complemented with a bore and available tank ready to be harnessed for stock and domestic use. Basically all the hard work has been done ! Be sure to check out the video of the property by clicking the video icon in the lead picture of the listing.

The property has the potential opportunity for future home and shed sites STCA capturing the bountiful district scenery and is available for a short settlement making for your opportunity timely to enter the Omeo market this spring/summer. There are a variety of well-established shade trees scattered across majority of the titled grazing land which has recently been fenced with new steel fencing suitable for livestock and clearly identifies this section south of the Bingo Gap Road and the smaller section north of the Bingo Gap Road is lightly timbered in a sparse bush like setting.

The details of the property are in the description below and there is a quality video of the property that can be viewed by clicking on the video icon in the lead photo of the listing.

- Comprising of *17 Ha / 44 Acres in one Title
- Quality home sites with district scenery STCA
- New shed 12m x 10m, 2/3 lock up with concrete floor
- One paddock, new fencing with bore & poly tank.
- Access via Bingo Connection Road & Omeo Valley Road
- Arable grazing country suitable for a variety of uses
- Dark grey sandy clay loams to sandy clay loams

A short drive under *10 minutes into the Omeo township you will find there is an IGA supermarket, The Golden Age and The New Rush brew house for meals and a cold one, a bakery, a cafe's, the Omeo Hospital, primary school, service station and post office, the new activities pump bike track, football and netball club, and a golf course further out the road to explore. A short drive further along the Omeo Valley, the road crosses the Mitta River with opportunities for swimming or fishing.

The area boasts a variety of outdoor activities for the keen, with the current development of the mountain bike trails well underway, and other activities such as hunting, four-wheel driving, motor bike or mountain bike riding, trout fishing, and various other recreational pursuits. Omeo is *one hour and twenty minutes from the major regional center of Bairnsdale, and *35 to 45 minutes to the snowfields around Dinner Plain and Mount Hotham.

Inspections are strictly by appointment for qualified buyers only.

All enquiry call Michael Enever 0458272797

*Approximately

Disclaimer:
"The vendor reserves the right to remove the property from the market, and / or sell the property at any time prior to the conclusion of the advertised marketing campaign."

"All care has been taken in compiling these particulars, but the vendor and their agents do not guarantee the details and cannot accept responsibility for errors or misdescriptions if any. Intending purchasers should satisfy themselves as to the correctness of details."

Property History for 11 Bingo Connection Rd, Omeo, VIC 3898

A timeline of how this property has performed in the market
Last Sold
$150,000
16 Dec 2022
  • 14 Oct 2024
    Listed for Sale $349,000
  • 16 Dec 2022
    Sold for $150,000
  • 08 Jun 2021
    Sold for $150,000
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About Omeo 3898

The size of Omeo is approximately 587.9 square kilometres. It has 6 parks covering nearly 87.8% of total area. The population of Omeo in 2011 was 488 people. By 2016 the population was 388 showing a population decline of 20.5% in the area during that time. The predominant age group in Omeo is 60-69 years. Households in Omeo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Omeo work in a managers occupation. In 2011, 69.6% of the homes in Omeo were owner-occupied compared with 70.3% in 2016.

Omeo has 651 properties. Over the last 5 years, Houses in Omeo have seen a 78.80% increase in median value, while Units have seen a 234.79% increase. As at 31 October 2024:

  • The median value for Houses in Omeo is $383,299 while the median value for Units is $242,902.
  • Houses have a median rent of $220.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Omeo on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Omeo.

Suburb Insights for Omeo 3898

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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.