Opportunity awaits the astute investor or those wanting to build their dream home or use this lovely block of land as a base to explore the high country. 1,790m2 approximately, town water, town sewer and power are available, walking distance to the main street, supermarket and all town amenities/services. Demand for property in the area is high and this block won't last with its central location. If you don't wish to build straight away, set and forget this one for your property portfolio as prices have soared in recent times and it should continue to increase in value. The old saying is apt about this one; location, location, location. He who hesitates is lost in this market, don't wait and regret missing out. For further information contact Yvette at East Gippsland & Lakes Real Estate on 0400512659.
Property Code: 800
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:
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